Common use of Deferred Option Consideration Clause in Contracts

Deferred Option Consideration. Within ten (10) Business Days after the twelve (12) month anniversary of the Closing (the “Anniversary Date”), Buyer shall deliver up to an aggregate of the Deferred Option Consideration in cash in immediately available funds by check or by wire transfer to the Non-Exempt Optionholders in the applicable per share amounts set forth on Schedule 2.03(h) attached hereto according to the share numbers set forth opposite such Optionholder’s name on the Closing Capitalization Table, subject to the conditions and reductions set forth herein and the following additional conditions (the “Deferred Option Consideration Conditions”):

Appears in 4 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement, Stock Purchase Agreement (Cvent Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.