Share Component definition
Examples of Share Component in a sentence
Subject to the sole discretion of the Compensation Committee, which retains all decision-making authority with regard to the establishment, administration and continuation of the benefits described below, Executive will continue to be eligible for participation in the Company’s Long-Term Incentive Plan (the “LTI Plan”), which currently includes a Performance Share Component (the “Performance Share Plan”), and a Stock Option Component (the “Stock Option Plan”).
A Participating State may negotiate the specifics of the Incentive Share Component, but shall not exceed the total basis points offered by the Contractor.
The Ad Hoc Guaranteed Group shall be entitled to 58% of the New Share Component; the Ad Hoc Legacy Group shall be entitled to 42% of the New Share Component.
The required adjustment to the Maturity Price shall be made by multiplying each of the Closing Prices used in determining the Maturity Price by a fraction, the numerator of which shall be the Share Component in clause (c) of the Payment Rate Formula immediately after such adjustment pursuant to subparagraph (i), (ii) or (iii) and the denominator of which shall be the Share Component in clause (c) of the Payment Rate Formula immediately before such adjustment.
Interest paid on the cash in a Stock and Share Component ISA will be credited gross but is subject to a flat rate charge (currently 20%) payable to the HM Revenue & Customs (“HMRC”).
In the event that such dividend or distribution is not so paid or made, each Share Component shall again be adjusted to be the Share Component that would then be in effect if such dividend or distribution had not been declared (and no such adequate provision described in the proviso above shall be made).
If Seller, following issuance of the Earn-Out Share Component, holds 20% or more of Buyer's outstanding shares, subject to applicable shareholder approval, Seller shall be entitled to appoint one director to the Buyer's Board of Directors (the "Seller Director").
All adjustments to the Share Component shall be calculated to the nearest 0.0001 of a share of Common Stock (or if there is not a nearest 0.0001 of a share, to the next lower 0.0001 of a share).
If, in Our reasonable opinion, the remedies above are infeasible or commercially impracticable, We may, at Our sole discretion, terminate Your Subscription(s).
The required adjustment to the Maturity Price shall be made at maturity by multiplying the Maturity Price by the cumulative number or fraction determined pursuant to the Share Component adjustment procedure described above.