Distributions; Voting. (a) Any dividends payable in securities or other distributions of any kind (including any shares received upon a stock split, stock dividend or recapitalization) made in respect of any securities in the Escrow Fund shall be held in the Escrow Fund subject to the rights of WMT. Cash dividends, if any shall be distributed to the IPI Shareholders.
Appears in 1 contract
Distributions; Voting. (a) Any dividends payable in securities or other distributions of any kind (including any shares received upon a stock split, stock dividend or recapitalization) made in respect of any securities in the Escrow Fund shall be held in the Escrow Fund subject to the rights of WMT. Cash dividends, if any shall be distributed to the IPI ShareholdersStar.
Appears in 1 contract
Samples: Asset Purchase Agreement (Western Micro Technology Inc)
Distributions; Voting. (a) Any dividends payable in securities or other distributions of any kind (including any shares received upon a stock split, stock dividend or recapitalization) made in respect of any securities in the Escrow Fund shall be held in the Escrow Fund subject to the rights of WMT. Cash dividends, if any shall be distributed to the IPI ShareholdersXxxxx.
Appears in 1 contract
Distributions; Voting. (a) Any dividends payable in securities or other distributions of any kind (including any shares received upon a stock split, stock dividend or recapitalization) made in respect of any securities in the Escrow Fund shall be held in the Escrow Fund subject to the rights of WMTSTG. Cash dividends, if any shall be distributed to the IPI Selling Shareholders.
Appears in 1 contract
Distributions; Voting. (a) Any dividends payable in securities or other distributions of any kind (including any shares received upon a stock split, stock dividend or recapitalization) made in respect of any securities in the Escrow Fund shall be held in the Escrow Fund subject to the rights of WMTeGain. Cash dividends, if any any, shall be distributed to the IPI ShareholdersSelling Stockholders.
Appears in 1 contract
Distributions; Voting. (a) Any dividends payable in securities or other distributions of any kind (including any shares received upon a stock split, stock dividend or recapitalization) made in respect of any securities in the Earn-Out Escrow Fund shall be held in the Earn-Out Escrow Fund subject to the rights of WMTFund. Cash dividends, if any any, shall be distributed to the IPI ShareholdersSelling Shareholders in equal proportion.
Appears in 1 contract