Examples of PracticeWorks Common Stock in a sentence
PracticeWorks Transfer Employees who hold outstanding InfoCure Stock Options at the Distribution Date (such employees are referred to hereinafter as "Stock Option Employees") may surrender for cancellation their outstanding fully vested InfoCure Stock Options, if any, in exchange for options to purchase shares of PracticeWorks Common Stock ("PracticeWorks Stock Options").
The number of shares subject to each PracticeWorks Stock Option will be determined by multiplying the number of shares of InfoCure Common Stock subject to the related InfoCure Stock Option by the PracticeWorks conversion factor (as defined below) and the price for the shares of PracticeWorks Common Stock subject to each PracticeWorks Stock Option will be determined by dividing the price of each related InfoCure Stock Option by the PracticeWorks conversion factor.
The PracticeWorks conversion factor is a number equal to (a) the closing price of a share of InfoCure Common Stock on the Nasdaq National Market on the Record Date, divided by (b) the opening price of a share of PracticeWorks Common Stock on the Nasdaq National Market on the next trading day following the Distribution Date.
PracticeWorks Transfer Employees and PracticeWorks directors who hold outstanding InfoCure Stock Options at the Distribution Date (such employees and directors are referred to hereinafter as "Stock Option Holders") may, for a period of thirty (30) days following the Distribution Date (the "Exchange Period") surrender for cancellation all of their outstanding fully vested InfoCure Stock Options, if any, in exchange for options to purchase shares of PracticeWorks Common Stock ("PracticeWorks Stock Options").
Any indemnification payment made by a PracticeWorks Indemnifying Party may be made, at the option of the PracticeWorks Indemnifying Party, in cash or by the delivery to Ceramco of PracticeWorks Common Stock having a value equal to the amount of the PracticeWorks Indemnifiable Damages, such value to be measured by the Original Purchase Price per share.
Any indemnification payment made by a SoftDent Indemnifying Party may be made, at the option of the SoftDent Indemnifying Party, in cash or by the delivery to PracticeWorks of an aggregate number of shares of PracticeWorks Common Stock, or of PracticeWorks Preferred Stock convertible into PracticeWorks Common Stock, having a value equal to the amount of the SoftDent Indemnifiable Damages, such value to be measured by the Original Purchase Price per share, as defined in the Certificate of Designation.
Each share of PracticeWorks Common Stock delivered by ISI to InfoCure shall be validly issued, fully paid and nonassessable and free of any preemptive (or similar) rights.
On the Distribution Date, but immediately prior to the transactions described in Section 2.1(d) below, ISI shall effect the Internal Distribution by distributing all of the issued and outstanding shares of PracticeWorks Common Stock to InfoCure.
The PracticeWorks conversion factor is a number equal to (a) the closing price of a share of InfoCure Common Stock on the Nasdaq National Market on the Distribution Date, divided by (b) the opening price of a share of PracticeWorks Common Stock on the Nasdaq National Market on the next trading day following the Distribution Date.