Transferable Shares definition

Transferable Shares means, as of any measurement date, such number of the Shares as is equal to the greater of (i) the Sale Percentage as of such date or (ii) the Release Percentage as of such date.
Transferable Shares means (i) Shares and (ii) Shares issuable upon exercise, conversion or exchange of any convertible debt security or preferred security that is currently exercisable for, convertible into or exchangeable for, as of the relevant date of determination, Shares.
Transferable Shares means 50% of the Securityholder Shares; provided that for purposes of determining the Securityholder Shares which Securityholder is entitled to Transfer in any Quarter (as defined below), only that number of shares of Parent Common Stock subject to Company Options held by Securityholder which have vested as of such Quarter shall be included.

Examples of Transferable Shares in a sentence

  • Notwithstanding anything herein to the contrary, for the avoidance of doubt, no DTI Securities that are subject to any vesting or similar condition may be transferred prior to such time as such DTI Securities have fully vested and become Transferable Shares; provided, that it is understood that if such DTI Securities vest in connection with such Tag-Along Sale and would become Transferable Shares, such Transferable Shares may be transferred in connection therewith in accordance with this Section 3.4.

  • Except as otherwise provided herein or in any other applicable agreement between a Management Stockholder (or any of its Affiliates) and the Company, any Management Stockholder that proposes to transfer Transferable Shares in accordance with the terms and conditions hereof shall be responsible for any fees and expenses (including any stamp, transfer, recording or similar taxes) incurred by the Company in connection with such transfer.


More Definitions of Transferable Shares

Transferable Shares means (i) vested Shares and (ii) solely with respect to Section 3.2(c), Section 3.4, and Article IV, the number of shares of Class C Common Stock issuable upon exercise of Company Stock Options that are fully vested and exercisable as of the relevant date of determination; provided, that for the avoidance of doubt, Company Stock Options are not Transferable Shares.
Transferable Shares means all or a portion of the Shares that are eligible for resale in compliance with Rule 144 of the Securities Act (including the requirement that the Shares meet the one-year holding period specified in Rule 144(d)).
Transferable Shares means Vested Shares that either (i) are not Option Shares, or (ii) are Option Shares as to which HNC has given Purchaser HNC's prior written consent to transfer in accordance with the foregoing provisions of this Section. Subject to the foregoing provisions of this Section and the terms and conditions of this Agreement and the Plan, before any Transferable Shares held by Purchaser or any transferee of such Shares (either being sometimes referred to herein as the "HOLDER") may be sold or otherwise transferred (including without limitation a transfer by gift or operation of law), the Company and/or its assignee(s) shall have a right of first refusal to purchase the Transferable Shares to be sold or transferred (the "OFFERED SHARES") on the terms and conditions set forth in this Section (the "RIGHT OF FIRST REFUSAL").
Transferable Shares means shares that are transferable to another Person who also qualifies for Membership of the Co-operative in accordance with these Rules;
Transferable Shares shall have the meaning as set forth in Section VI.9.
Transferable Shares means (i) Shares, (ii) Shares issuable upon exercise, conversion or exchange of any convertible debt security or preferred security that is currently exercisable for, convertible into or exchangeable for, as of the relevant date of determination, Shares, (iii) solely with respect to Section 3.6, Section 3.7 and Article V, the number of Shares issuable upon exercise of Options that are vested and exercisable as of the relevant date of determination, (iv) solely with respect to Section 3.6, Section 3.7, Article IV, Section 8.6, Section 8.7, the number of Warrant Shares issuable upon exercise of Warrants as of the date of determination and (v) solely with respect to Section 3.7 and Article V, Restricted Stock Units.
Transferable Shares means (i) Purchased Shares and Shares acquired through the reinvestment of Distributed Amounts on Purchased Shares, (ii) Matching Shares and Shares acquired pursuant to the reinvestment of Distributed Amounts on Matching Shares, in each case that have been held by a Participant until the date of the Participant’s termination of employment for any reason (and not, for certainty, either of the circumstances described in Subparagraphs 12.1(c) or 12.1(d)) or such other period as may be specified from time to time by the Committee, and