Eligible Shares

Eligible Shares. Means, as of any date, the Designated MSCP Shares as of such date, plus the Designated Holders' Shares as of such date.

Eligible Shares. Means all shares of Common Stock as to which both of the following conditions are satisfied: (i) such shares are owned by Shareholder on the date hereof and (ii) continue to be owned by Shareholder or any Lodovic Permitted Holder on the date of termination of Shareholder's employment with the Company.

Eligible Shares. Means the aggregate amount of Purchased Shares that have vested pursuant to Section 4 and the number of Shares the Board determines in good faith would vest as a result of the consummation of the transactions contemplated by Sections 8.1 or 8.2, reduced by any Purchased Shares that have previously been transferred by Purchaser pursuant to Sections 8.1 or 8.2