Share Reserve definition

Share Reserve means the number of shares available for issuance under the Plan as set forth in Section 2(a).

Share Reserve shall have the meaning given to it in Section 10.21 hereof.

Share Reserve means the aggregate number of Ordinary Shares available for issuance pursuant to Awards from and after the Effective Date under the Plan as set forth in Section 3(a).

Examples of Share Reserve in a sentence

• The Transfer Agent shall only issue shares out of the Share Reserve to the extent there are no other authorized shares available for issuance and then only with Investor’s written consent.

• Finally, Company shall require the Transfer Agent to issue Ordinary Shares pursuant to the Note to Investor out of its authorized and unissued shares, and not the Share Reserve, to the extent Ordinary Shares have been authorized, but not issued, and are not included in the Share Reserve.

• Company shall further require the Transfer Agent to hold the Ordinary Shares reserved pursuant to the Share Reserve exclusively for the benefit of Investor and to issue such shares to Investor promptly upon Investor’s delivery of a Redemption Notice under the Note.

• Company further agrees to add additional Ordinary Shares to the Share Reserve in increments of 10,000 shares as and when requested by Investor if as of the date of any such request the number of shares being held in the Share Reserve is less than three (3) times the number of Ordinary Shares obtained by dividing the Outstanding Balance as of the date of the request by the Redemption Conversion Price (as defined in the Note).

More Definitions of Share Reserve

Share Reserve means as defined in Section 4 of the Plan.

Share Reserve shall have the meaning set forth in Section 7.5 of this Agreement.

Share Reserve means the number of shares of Stock reserved for issuance under Article V of this Plan.

Share Reserve means the number of shares of Common Stock available for issuance under the Plan as set forth in Section 2(a).

Share Reserve means the number of shares available for issuance under the Plan as set forth in Section 2(a), subject to adjustment pursuant to Section 6(a) in connection with Capitalization Adjustments.

Share Reserve means the aggregate number of shares of Stock that may be issued under the Plan, as calculated in accordance with Section 3(a)(i) and subject to adjustment in accordance with Section 3(b).

Share Reserve means the maximum number of shares of Common Stock that may be issued under the Plan, as defined and determined in accordance with Section 3(a) of the Plan.