Company Share Exchange. Each holder of Company Shares immediately prior to the Company Share Exchange will enter into one or more notarial deeds of issue with Holdco (each, a “Deed of Issue”) under which (i) Holdco shall issue to each such holder a number of Holdco ordinary shares (“Holdco Shares”) to which such holder is entitled pursuant to the applicable provisions of the BCA and (ii) in fulfilment of such holder’s respective obligations to pay up the respective Holdco Shares issued to such holder under such Deed of Issue by payment in kind, such holder shall contribute and transfer all of its Company Shares to Holdco (the “Company Share Exchange”).
Appears in 3 contracts
Samples: Company Shareholder and Investor Support Agreement (VivoPower International PLC), Company Shareholder and Investor Support Agreement (Cactus Acquisition Corp. 1 LTD), Company Shareholder and Investor Support Agreement (Cactus Acquisition Corp. 1 LTD)
Company Share Exchange. Each holder of Company Shares immediately prior to the Company Share Exchange will enter into one or more notarial deeds of issue with Holdco (each, a “Deed of Issue”) under which (i) Holdco shall issue to each such holder a number of Holdco ordinary shares (“Holdco Shares”) to which such holder is entitled pursuant to the applicable provisions of the BCA and (ii) in fulfilment of such holder’s respective obligations to pay up the respective Holdco Shares issued to such holder under such Deed of Issue by payment in kind, such holder shall contribute and transfer all of its Company Shares to Holdco (the “Company Share Exchange”).
Appears in 2 contracts
Samples: Business Combination Agreement (Frazier Lifesciences Acquisition Corp), Support Agreement (Frazier Lifesciences Acquisition Corp)
