Unrestricted Share definition

Unrestricted Share means a share of Common Stock granted under Article 8 of the Plan pursuant to an Award.

Unrestricted Share means a Share other than a Restricted Share.

Unrestricted Share means an Award of Shares to a Grantee pursuant to Section 11 hereof.

Examples of Unrestricted Share in a sentence

• The Committee may grant Restricted Share, RSU, or Unrestricted Share Awards to Eligible Persons, in all cases pursuant to Award Agreements setting forth terms and conditions that are not inconsistent with the Plan.

• Unrestricted Share means a Participant Share that is no longer subject to the restriction imposed by the Board pursuant to clause 22.

• The date of grant of an Option, Stock Appreciation Right, Stock Award or Unrestricted Share shall be, for all purposes, the date on which the Administrator makes the determination granting such Option, Stock Appreciation Right, Stock Award or Unrestricted Share, or such other later date as is determined by the Administrator.

• As a condition to the grant of any Stock Award or Unrestricted Share or the exercise of any Option or Stock Appreciation Right, the Company may require the person receiving such Award or exercising such Option or Stock Appreciation Right to represent and warrant at the time of any such exercise or grant that the Shares are being purchased only for investment and without any present intention to sell or distribute such Shares if, in the opinion of counsel for the Company, such a representation is required.

• Shares shall not be issued in connection with the grant of any Stock Award or Unrestricted Share or the exercise of any Option or Stock Appreciation Right unless such grant or the exercise of such Option or Stock Appreciation Right and the issuance and delivery of such Shares shall comply with Applicable Laws and shall be further subject to the approval of counsel for the Company with respect to such compliance.

More Definitions of Unrestricted Share

Unrestricted Share means an Award pursuant to Section 12 hereof.

Unrestricted Share means a share of Common Stock awarded under the Plan.

Unrestricted Share means a Share that is subject to Section 83 of the Code and is not subject to a substantial risk of forfeiture.

Unrestricted Share means a Share granted pursuant to Section 5.5.

Unrestricted Share means a share of Common Stock awarded under Article 8 of the Plan.

Unrestricted Share means a Share granted pursuant to Section 10. 3. Administration. 3.1 The Plan. The Plan shall be administered by the Committee which shall hold meetings at such times as may be necessary for the proper administration of the Plan; subject to the Board’s authority to act in lieu of the Committee on any matter. The Committee shall keep minutes of its meetings. A quorum shall consist of not less than two members of the Committee and a majority of a quorum may authorize any action. Any decision or determination reduced to writing and signed by a majority of all of the members shall be as fully effective as if made by a majority vote at a meeting duly called and held. Each member of the Committee shall be a Non-employee Trustee within the meaning of promulgated under the Exchange Act. To the extent compliance with Section 162(m) of the Code is desired, such Committee members shall also qualify as “outside directors” within the meaning of Section 162(m)(4)(C) and the regulations thereunder. No member of the Committee shall be liable for any action, failure to act, determination or interpretation made in good faith with respect to this Plan or any transaction hereunder, except for liability arising from his or her own willful misfeasance, gross negligence or reckless disregard of his or her duties. The Company hereby agrees to indemnify each member of the Committee for all costs and expenses and, to the extent permitted by applicable law, any liability incurred in connection with defending against, responding to, negotiating for the settlement of or otherwise dealing with any claim, cause of action or dispute of any kind arising in connection with any actions in administering this Plan or in authorizing or denying authorization to any transaction hereunder. 3.2 Eligible Individuals. Subject to the express terms and conditions set forth herein, the Committee shall have the power from time to time to:

Unrestricted Share means a Common Share granted or sold pursuant to Section 9(c).Rules of Construction. The masculine pronoun shall be deemed to include the feminine pronoun, and the singular form of a word shall be deemed to include the plural form, unless the context requires otherwise. Unless the text indicates otherwise, references to sections are to sections of the Plan.3.AdministrationCommittee. The Plan shall be administered by the Committee, which shall have full power and authority, subject to the express provisions hereof, to:(i)select the Participants from the Eligible Individuals;(ii)grant Awards in accordance with the Plan;(iii)determine the number of Common Shares subject to each Award or the cash amount payable in connection with an Award;(iv)determine the terms and conditions of each Award, including, without limitation, those related to term, permissible methods of exercise, vesting, cancellation, forfeiture, payment, settlement, exercisability, Performance Periods, Performance Targets, and the effect or occurrence, if any, of a Participant’s termination of employment, separation from service or leave of absence with the Company or any of its Affiliates or, subject to Section 6(d), a Change in Control of the Company;(v)subject to Sections 16 and 17(e), amend the terms and conditions of an Award after the granting thereof;(vi)specify and approve the provisions of the Award Documents delivered to Participants in connection with their Awards (which may vary among Participants);(vii)make factual determinations in connection with the administration or interpretation of the Plan;(viii)adopt, prescribe, establish, amend, waive and rescind administrative regulations, rules and procedures relating to the Plan;