Dividend. Parent and BHN covenant and agree that as soon as practicable after the Closing, Parent shall pay an annualized dividend of $0.50 per share of Parent Common Stock, the payment date of which will be announced and approved by the then Parent’s board of directors, provided funds are legally available therefor.
Appears in 8 contracts
Samples: Stock Purchase Agreement (Prime Acquisition Corp), Stock Purchase Agreement (Prime Acquisition Corp), Stock Purchase Agreement (Prime Acquisition Corp)