Restricted Stock Election definition

Restricted Stock Election means the election by a participant under Section 3.2(a) to surrender some or all of his or her shares of Restricted Stock to the Company and to have an equal number of shares of Common Stock credited to the participant's Deferred Stock Account.
Restricted Stock Election means an election made by a Holder of an Allowed Credit Agreement Claim on the Ownership Certification that such Holder elects to receive its New Common Stock in the form of Restricted Stock.
Restricted Stock Election means an irrevocable election pursuant to Article 5 to waive all or a specified percentage of each installment of Director Fees for any calendar year and receive shares of Restricted Stock under the Plan.

Examples of Restricted Stock Election in a sentence

  • Once made, neither a Restricted Stock Election nor a Deferred Dividends Election can be changed or revoked except as provided herein.

  • Upon making such Restricted Stock Election, a new Deferred Stock Account will be established in the Participant’s name to which will be credited, on or about December 20, 1996, a number of shares of Common Stock equal to the number so surrendered.

  • Participants must make their Restricted Stock Election at such time and in such a manner as prescribed by the Management Committee.

  • Upon making such Restricted Stock Election, a new Deferred Stock Account will be established in the participant's name to which will be credited, on or about December 20, 1996, a number of shares of Common Stock equal to the number so surrendered.

  • While implementing Sustainable Development Goals, Lithuania shall seek to apply the best practice accumulated by national and municipal authorities and bodies, non- governmental organisations, as well as businesses, and to share it with the developing countries seeking democracy, development of market economy, and integration into international structures.

  • If required by Rule 16b-3 promulgated under Section 16(b) of the Exchange Act, any Restricted Stock Election made by a Participant who is a Section 16 Insider shall be made at least six months prior to the Award Date, or at such other time as is allowed by Section 16(b) of the Exchange Act.

  • A Participant who makes a Restricted Stock Election will defer the receipt of any balance in the Participant’s Deferred Stock Account, including any Dividend Reinvestment Return credited thereto pursuant to Section 3.7(b), until the earliest of the Participant’s (i) Disability, (ii) death and (iii) the latest of (1) the date on which such shares of Restricted Stock otherwise would have vested, (2) January 2, 1998, and (3) the date of Separation from Service.

  • Notwithstanding the foregoing, at the time the Participant makes a Deferral Election other than a Restricted Stock Election or a form of distribution election, the Participant may make an Investment Election and select Investment Options with respect to the amounts credited to those accounts.

  • The confidential information is protected from unauthorized or inappropriate access by Xxxxxx County Department of Information Technology (DOIT), and H&SS/Behavioral Health policy, as well as state and federal law.

  • In the event of any such Restricted Stock Election or Deferred Dividends Election, the form of payment of any distribution ( i.e., in a lump sum or in five or in ten approximately equal annual installments) and the starting date of such distribution (i.e., as soon as practicable following the event causing the distribution or January 31st of the calendar year immediately following such event) shall be elected at the same time.


More Definitions of Restricted Stock Election

Restricted Stock Election. The undersigned holder of shares ("Restricted Shares") of common stock of Mycogen Corporation (the "Company"), par value $0.001 per share ("Common Stock"), which were granted pursuant to the Mycogen Corporation Restricted Stock Issuance Plan (the "Plan") and which shares are not vested hereby agrees that, immediately prior to the purchase of shares of Common Stock by AgroSciences Acquisition Inc. ("Acquisition") in its pending tender offer for any and all outstanding shares of Common Stock (the "Offer"), and contingent upon such purchase, the undersigned shall be deemed to have tendered each of the Restricted Shares (regardless of the fact that the Restricted Shares were not previously vested) to Acquisition pursuant to the Offer. Following expiration of the Offer, the undersigned shall be entitled to receive from Acquisition with respect to each Restricted Share an amount equal to the price per share of Common Stock paid by Acquisition pursuant to the Offer. The undersigned acknowledges that he or she has been advised that (i) Restricted Shares for which a valid Restricted Stock Election has been executed and delivered to the Company will become vested immediately prior to expiration of the Offer (but contingent upon the purchase by Acquisition of shares of Common Stock pursuant to the Offer), (ii) that the Company and Parent will make it possible for the Restricted Shares to be tendered in the Offer, and (iii) upon the purchase of Restricted Shares pursuant to the Offer, the undersigned shall have no further rights under the Restricted Shares. ---------------------------------------- Print Name: ----------------------------------------- Date:

Related to Restricted Stock Election

  • Restricted Stock Award means an award of shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(a).

  • Restricted Stock Units means an Award of stock units subject to such restrictions and conditions as the Administrator may determine at the time of grant.

  • Deferred Stock Award means Awards granted pursuant to Section 8.

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Unrestricted Stock Award means an Award of shares of Stock free of any restrictions.

  • Restricted Share Unit means the right granted to a Participant pursuant to Article 7 to receive a Share at a future date.

  • Restricted Stock Unit Award means a right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(b).

  • Restricted Stock means Shares issued pursuant to a Restricted Stock award under Section 7 of the Plan, or issued pursuant to the early exercise of an Option.

  • Restricted Stock Unit means a bookkeeping entry representing an amount equal to the Fair Market Value of one Share, granted pursuant to Section 8. Each Restricted Stock Unit represents an unfunded and unsecured obligation of the Company.

  • Restricted Stock Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Award evidencing the terms and conditions of a Restricted Stock Award grant. Each Restricted Stock Award Agreement will be subject to the terms and conditions of the Plan.

  • Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

  • Restricted Stock Unit Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Unit Award evidencing the terms and conditions of a Restricted Stock Unit Award grant. Each Restricted Stock Unit Award Agreement will be subject to the terms and conditions of the Plan.

  • Company Stock Option means each option to purchase shares of Company Common Stock outstanding under the Company Stock Plans.

  • Restricted Stock Unit Agreement means the agreement consistent with the terms of the Plan between the Company and the recipient of a Restricted Stock Unit that contains the terms, conditions and restrictions pertaining to such Restricted Stock Unit.