Common use of CONTRIBUTION OF COMPANY SHARES Clause in Contracts

CONTRIBUTION OF COMPANY SHARES. 1.1. Upon the terms and subject to the conditions set forth herein and immediately prior to the Effective Time, the Rollover Investor hereby agrees to contribute, transfer and assign to the Partnership all of his right, title and interest in and to the Company Shares as set forth on Annex A (the “Contributed Securities”, and the aggregate value thereof based upon the per share Merger Consideration, the “Contribution Amount”) in exchange for the Partnership’s issuance to the Rollover Investor, of that number of Class A Units determined by dividing the Contribution Amount by the per unit Class A Unit Value. For purposes of this Agreement, “Class A Unit Value” shall mean the Class A Initial Price Per Unit (as defined in the Partnership Agreement).

Appears in 3 contracts

Samples: Contribution Agreement (Edelman Financial Group Inc.), Contribution Agreement (Edelman Financial Group Inc.), Contribution Agreement (Edelman Financial Group Inc.)

AutoNDA by SimpleDocs

CONTRIBUTION OF COMPANY SHARES. 1.1. Upon the terms and subject to the conditions set forth herein and immediately prior to the Effective Time, the Rollover Investor hereby agrees to contribute, transfer and assign to the Partnership all of his right, title and interest in and to the Company Shares as set forth on Annex A (the “Contributed Securities”, and the aggregate value thereof based upon the per share Merger Consideration, the “Contribution Amount”) in exchange for the Partnership’s issuance to the Rollover Investor, of that number of Class A Units determined by dividing the Contribution Amount by the per unit Class A Unit Value. For purposes of this Agreement, “Class A Unit Value” shall mean the Class A Initial Price Per Unit (as defined in the Partnership Agreement).

Appears in 1 contract

Samples: Contribution Agreement (Edelman Financial Group Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!