Vested Shares definition: Copy, customize, and use instantly
Introduction
The term "Vested Shares" refers to shares that have been earned and are no longer subject to forfeiture or repurchase by the issuing company. These shares typically result from the completion of a vesting schedule, such as time-based or performance-based criteria.
Below are various examples of how "Vested Shares" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Vested Shares" as shares earned over time
This definition ties "Vested Shares" to a time-based vesting schedule.
"Vested Shares" means shares that have been earned by the recipient through continued employment or service over a specified period and are no longer subject to forfeiture.
Definition of "Vested Shares" as shares earned through performance
This definition links "Vested Shares" to performance-based conditions.
"Vested Shares" refers to shares that have been earned by meeting specific performance targets set forth in an award agreement or stock plan.
Definition of "Vested Shares" as unrestricted ownership rights
This definition applies "Vested Shares" to ownership rights.
"Vested Shares" means shares that the holder has the irrevocable right to own, transfer, or sell without any company-imposed restrictions.
Definition of "Vested Shares" as shares free from forfeiture
This definition ties "Vested Shares" to forfeiture protection.
"Vested Shares" refers to shares that have passed their vesting conditions and can no longer be reclaimed by the issuing entity.
Definition of "Vested Shares" as fully earned equity
This definition connects "Vested Shares" to fully earned equity rights.
"Vested Shares" means shares that have been granted subject to vesting requirements and are now fully earned by the recipient.
Definition of "Vested Shares" as shares issued upon employment tenure
This definition links "Vested Shares" to employment duration.
"Vested Shares" refers to shares that an employee is entitled to retain after meeting the required length of service with the company.
Definition of "Vested Shares" as shares eligible for sale
This definition applies "Vested Shares" to the ability to sell or transfer.
"Vested Shares" means shares that have met vesting requirements and can be sold, transferred, or otherwise disposed of by the owner.
Definition of "Vested Shares" as equity under a stock incentive plan
This definition ties "Vested Shares" to stock-based compensation plans.
"Vested Shares" refers to shares granted under an equity incentive plan that have met the applicable vesting conditions.
Definition of "Vested Shares" as shares subject to tax obligations
This definition connects "Vested Shares" to taxation.
"Vested Shares" means shares that are no longer subject to forfeiture and may trigger tax obligations for the recipient.
Definition of "Vested Shares" as equity acquired under a grant agreement
This definition links "Vested Shares" to a grant agreement.
"Vested Shares" refers to shares issued under a grant agreement that have satisfied the conditions for ownership.
Definition of "Vested Shares" as shares in an employee stock ownership plan
This definition applies "Vested Shares" to an ESOP.
"Vested Shares" means shares allocated to a participant in an Employee Stock Ownership Plan (ESOP) that are no longer subject to forfeiture.
Definition of "Vested Shares" as equity retained upon resignation
This definition ties "Vested Shares" to employment termination.
"Vested Shares" refers to shares that an individual retains upon leaving employment, as they have met all applicable vesting requirements.
Definition of "Vested Shares" as stock options converted to shares
This definition connects "Vested Shares" to stock option exercises.
"Vested Shares" means shares that result from the exercise of vested stock options, free of company-imposed restrictions.
Definition of "Vested Shares" as shares earned upon an acquisition event
This definition links "Vested Shares" to mergers and acquisitions.
"Vested Shares" refers to shares that have satisfied vesting conditions and are fully transferable in the event of a merger or acquisition.
Definition of "Vested Shares" as equity retained under a retirement plan
This definition applies "Vested Shares" to retirement benefits.
"Vested Shares" means shares that a participant in a retirement plan has earned and can withdraw or transfer without penalty.
Definition of "Vested Shares" as shares eligible for dividend payments
This definition ties "Vested Shares" to dividend entitlements.
"Vested Shares" refers to shares that entitle the holder to receive dividends and other shareholder rights.
Definition of "Vested Shares" as shares held in a restricted stock unit plan
This definition connects "Vested Shares" to RSUs.
"Vested Shares" means shares that have been earned under a Restricted Stock Unit (RSU) plan and are no longer subject to forfeiture.
Definition of "Vested Shares" as equity ownership confirmed by a vesting schedule
This definition links "Vested Shares" to structured vesting schedules.
"Vested Shares" refers to shares that have been earned according to a predetermined vesting schedule outlined in an award agreement.
Definition of "Vested Shares" as shares that survive a company restructuring
This definition applies "Vested Shares" to corporate restructuring scenarios.
"Vested Shares" means shares that remain fully owned by the holder despite changes in corporate structure, such as reorganizations or spin-offs.
Definition of "Vested Shares" as shares retained post-IPO
This definition ties "Vested Shares" to an initial public offering.
"Vested Shares" refers to shares that an employee or investor retains post-IPO, having met all vesting conditions prior to the public offering.
Definition of "Vested Shares" as equity eligible for voting rights
This definition connects "Vested Shares" to corporate governance.
"Vested Shares" means shares that grant the holder full voting rights in shareholder meetings after meeting vesting criteria.
Definition of "Vested Shares" as shares acquired through deferred compensation
This definition links "Vested Shares" to deferred compensation plans.
"Vested Shares" refers to shares issued as part of a deferred compensation arrangement, now fully earned and owned by the recipient.
Definition of "Vested Shares" as stock earned under a partnership agreement
This definition applies "Vested Shares" to partnerships.
"Vested Shares" means shares granted to a partner that have satisfied the vesting requirements outlined in the partnership agreement.
Definition of "Vested Shares" as shares eligible for inheritance transfer
This definition ties "Vested Shares" to estate planning.
"Vested Shares" refers to shares that are fully earned and transferable to heirs upon the death of the shareholder.
Definition of "Vested Shares" as shares free from repurchase rights
This definition connects "Vested Shares" to repurchase restrictions.
"Vested Shares" means shares that are no longer subject to company repurchase rights and belong fully to the shareholder.
Definition of "Vested Shares" as shares retained upon termination for cause
This definition links "Vested Shares" to employment terminations.
"Vested Shares" refers to shares that remain in an employee’s possession even if they are terminated for cause, provided all vesting conditions were met.
Definition of "Vested Shares" as shares included in severance agreements
This definition applies "Vested Shares" to severance terms.
"Vested Shares" means shares that are considered part of an executive severance package, having met all vesting conditions before termination.
Definition of "Vested Shares" as shares awarded upon completion of a project
This definition ties "Vested Shares" to project-based vesting.
"Vested Shares" refers to shares granted to an individual or contractor upon successful completion of a specified project, in accordance with the vesting agreement.
Definition of "Vested Shares" as equity granted under a non-compete agreement
This definition connects "Vested Shares" to non-compete clauses.
"Vested Shares" means shares granted to an employee, contractor, or executive, provided they adhere to the non-compete terms outlined in their agreement.
Definition of "Vested Shares" as shares subject to clawback provisions
This definition links "Vested Shares" to clawback policies.
"Vested Shares" refers to shares that have met vesting conditions but may still be subject to a clawback clause in cases of misconduct or financial restatements.
Definition of "Vested Shares" as stock grants retained post-merger
This definition applies "Vested Shares" to corporate mergers.
"Vested Shares" means shares that remain in the holder’s possession following a merger or acquisition, having met all prior vesting conditions.
Definition of "Vested Shares" as shares issued under a founder equity agreement
This definition ties "Vested Shares" to startup founders.
"Vested Shares" refers to shares awarded to a company founder that have met the vesting schedule outlined in the founder's equity agreement.
Definition of "Vested Shares" as shares exempt from forfeiture due to disability
This definition connects "Vested Shares" to disability protections.
"Vested Shares" means shares that remain with the holder and are not subject to forfeiture if the individual becomes disabled, provided vesting conditions were met.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.