Excepted Shares

Example Definitions of "Excepted Shares"
Excepted Shares. Means 300,000 shares of Common Stock that may be issued with respect to awards granted under the Plan, as adjusted as provided in Section 11 hereof, and with respect to which awards are granted by a committee composed entirely of "independent directors" as defined in Nasdaq Marketplace Rule 4200 or any successor thereto or any corollary rule of the national securities exchange on which the Common Stock is then principally traded.
Excepted Shares. The meaning set forth in Paragraph 8
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