Distribution of Escrow Shares. At the times provided for in Section 10.3(d), the Indemnification Escrow Shares shall be distributed to the Escrow Participant. The Purchaser will take such action as may be necessary to cause such certificates to be issued in the names of the appropriate persons. Certificates representing Indemnification Escrow Shares so issued that are subject to resale restrictions under applicable securities laws will bear a legend to that effect. No fractional shares shall be released and delivered from the Escrow Fund and all fractional shares shall be rounded to the nearest whole share.
Appears in 3 contracts
Samples: Merger Agreement and Plan of Reorganization (Oak Woods Acquisition Corp), Merger Agreement and Plan of Reorganization (Oak Woods Acquisition Corp), Merger Agreement and Plan of Reorganization (GreenVision Acquisition Corp.)
Distribution of Escrow Shares. At the times provided for in Section 10.3(d11.4(d), the Indemnification Escrow Shares shall be distributed released to the Escrow ParticipantSellers for distribution. The Purchaser will take such action as may be necessary to cause such certificates and notes to be issued in the names of the appropriate persons. Certificates representing Indemnification Escrow Shares so issued that are subject to resale restrictions under applicable securities laws will bear a legend to that effect. No fractional shares shall be released and delivered from the Escrow Fund to the Sellers and all fractional shares shall be rounded to the nearest whole share.
Appears in 1 contract
Samples: Share Exchange Agreement (Wealthbridge Acquisition LTD)
