Opportunity Shares definition

Opportunity Shares means additional shares of Common Stock which may be earned by an Employee pursuant to Section 8.
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Opportunity Shares means additional shares of Common Stock which may be earned by an Employee pursuant to Section 8. “Option Holder” or “Holder” shall mean an Employee to whom an option has been granted.
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Opportunity Shares means shares of Common Stock awarded pursuant to Paragraph 8.
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Examples of Opportunity Shares in a sentence

  • Provided, however, unless otherwise determined by the Committee, the cash payment shall in no event exceed 50% of the fair market value of such shares as of the date that all of the restrictions set forth in Section 8 shall have lapsed or as to an award of Opportunity Shares as of the date of grant thereof.

  • The number of shares of Restricted Stock and Opportunity Shares to vest and be delivered to you, if any, and the number of CEUs and Opportunity CEUs to be paid to you, if any, will be determined by the Committee at the end of the cycle in accordance with the performance matrix included in Exhibit A hereto.

  • Neither this agreement nor the grant of Restricted Stock or allocation of Opportunity Shares shall be deemed to confer upon you any right to continue in the employ of the Company or any Affiliate or interfere, in any manner, with the right of the Company or an Affiliate to terminate your employment, whether with or without cause, in its sole discretion.

  • A purpose of the Company in granting Restricted Stock and allocating Opportunity Shares is to encourage you to become a long-term shareholder of the Company.

  • While Opportunity Shares are allocated to your account, you are not treated as a shareholder of the Company with respect to the Opportunity Shares, and you have no right to receive dividends or vote the shares.

  • A purpose of the Company in awarding Restricted Stock and allocating Opportunity Shares to you is to encourage you to become a long-term shareholder of the Company.

  • Consistent with this purpose, you agree that if Restricted Stock is transferred to you free of restriction or Opportunity Shares are transferred to you in the form of Common Stock, you will not sell, assign or otherwise dispose of such shares, without the prior consent of the Company, and that such shares will be subject to forfeiture if your employment is terminated for Cause, as defined in the LTIP.

  • Consistent with this purpose, you agree that if Restricted Stock is transferred to you free of restriction or Opportunity Shares are transferred to you in the form of Common Stock, you will not sell, assign or otherwise dispose of such Common Stock, without the prior consent of the Company.

  • No Key Employee to whom a Restricted Stock Award with related Opportunity Shares is granted shall have any rights as a shareholder, including without limitation the right to receive dividends or the right to vote, with respect to such Opportunity Shares, until the issuance thereof pursuant to this Plan.

  • If you separate from service with the Company or its Affiliates before the end of the _____ Performance Cycle, your shares of Restricted Stock and Opportunity Shares, CEUs and Opportunity CEUs, and any Dividend Equivalent Units allocated to your account will be forfeited as of the date of your separation, except as may be expressly provided in the LTIP with respect to your Retirement, involuntary termination of employment without Cause, death or Disability.


More Definitions of Opportunity Shares

Opportunity Shares means 30,000 shares of Common Stock issued to the Escrow Agent on behalf of the Purchaser on the date hereof.
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Related to Opportunity Shares

  • Equity Shares means the Common Shares and any shares of any other class or series of the Corporation which may from time to time be authorized for issue if by their terms such shares confer on the holders thereof the right to participate in the distribution of assets upon the voluntary or involuntary liquidation, dissolution or winding up of the Corporation beyond a fixed sum or a fixed sum plus accrued dividends;

  • Consideration Shares shall have the meaning set forth in Section 2.7(c).

  • Subco Shares means the common shares in the capital of Subco;

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Company Share means one share of common stock of the Company, $0.01 par value per share.

  • Subscriber Shares means the Shares which the subscribers to the Instrument of the ICAV agree to subscribe for as more particularly hereinafter set forth after their names.

  • Parent Warrants means the outstanding warrants to purchase Parent Common Stock.

  • Amalco Shares means the common shares in the capital of Amalco;