Form of Consideration. If you choose to invest in the Shares, (i) you must commit to invest a minimum of $50,000 and (ii) you must then satisfy your investment (a) with respect to any Rollover Shares you invest, by contributing all or a portion of Biomet shares of common stock that you hold as a capital asset (e.g., shares you acquired on the market or shares you acquired by exercising stock options), if any, and/or (b) by making your Cash Contribution, if any. Your Cash Contribution must be received by wire transfer by no later than 5:00 p.m. (Five p.m., Eastern Daylight Savings Time) on Monday, September 17, 2007 (wire information will be provided to you). Delivery of any Rollover Shares will occur as follows: (x) with respect to Rollover Shares, if any, for which physical certificates were delivered to you, by delivering to LVB the physical certificates that were so issued; and (y) with respect to Rollover Shares you hold through a brokerage account, by having the brokerage firm by which such Rollover Shares are held transfer those Rollover Shares to an account established in Newco’s name (the “Newco Account”) (transfer instructions will be provided to you). Delivery of physical certificates for Rollover Shares (if any) must be made via Federal Express or United Parcel Service (UPS) to LVB Acquisition, Inc., c/o Xxxxxxx X. Xxxxx, Senior Vice President, General Counsel & Secretary, Biomet, Inc., 00 Xxxx Xxxx Xxxxx, Warsaw, IN 46582, U.S.A., by no later than 5:00 p.m. (Five p.m., Eastern Daylight Savings Time) on Monday, September 17, 2007. Rollover Shares that are being electronically transferred (if any) must be credited to the Newco Account by no later than 5:00 p.m. (Five p.m., Eastern Daylight Savings Time) on Monday, September 17, 2007, which means that you should instruct your broker to initiate the transfer no later than 4:00 p.m. on Monday, September 17, 2007. The Rollover Shares should not be transferred prior to Monday, September 17, 2007.
Appears in 3 contracts
Samples: Management Stockholders’ Agreement (LVB Acquisition, Inc.), Management Stockholders’ Agreement (LVB Acquisition, Inc.), Management Stockholders’ Agreement (Biomet Inc)
Form of Consideration. If you choose to invest in the Shares, (i) you must commit to invest a minimum of $50,000 and (ii) you must then satisfy your investment (a) with respect to any Rollover Shares you invest, by contributing all or a portion of Biomet shares of common stock that you hold as a capital asset (e.g., shares you acquired on the market or shares you acquired by exercising stock options), if any, and/or (b) by making your Cash Contribution, if any. Your Cash Contribution must be received by wire transfer by no later than 5:00 p.m. (Five p.m., Eastern Daylight Savings Time) on Monday, September 17, 2007 (wire information will be provided to you). Delivery of any Rollover Shares will occur as follows: (x) with respect to Rollover Shares, if any, for which physical certificates were delivered to you, by delivering to LVB the physical certificates that were so issued; and (y) with respect to Rollover Shares you hold through a brokerage account, by having the brokerage firm by which such Rollover Shares are held transfer those Rollover Shares to an account established in Newco’s name (the “Newco Account”) (transfer instructions will be provided to you). Delivery of physical certificates for Rollover Shares (if any) must be made via Federal Express or United Parcel Service (UPS) to LVB Acquisition, Inc., c/o Xxxxxxx X. Xxxxx, Senior Vice President, General Counsel & Secretary, Biomet, Inc., 00 Xxxx Xxxx Xxxxx, Warsaw, IN 46582, U.S.A., by no later than 5:00 p.m. (Five p.m., Eastern Daylight Savings Time) on Monday, September 17, 2007. Rollover Shares that are being electronically transferred (if any) must be credited to the Newco Account by no later than 5:00 p.m. (Five p.m., Eastern Daylight Savings Time) on Monday, September 17, 2007, which means that you should instruct your broker to initiate the transfer no later than 4:00 p.m. pm. on Monday, September 17, 2007. The Rollover Shares should not be transferred prior to Monday, September 17, 2007.
Appears in 2 contracts
Samples: Management Stockholders’ Agreement, Management Stockholders’ Agreement (Biomet Inc)
Form of Consideration. If you choose to invest in the Shares, (i) you must commit to invest a minimum of $50,000 in aggregate value, and (ii) you must then satisfy your investment (a) with respect to any of the Rollover Shares you invest, by contributing all or a portion of Biomet Sabre shares of common stock that you hold as a capital asset (e.g., shares you acquired on the market or shares you acquired by exercising stock optionsoptions or upon vesting of awards of restricted stock or restricted stock units), if any, and/or (b) or by making your Cash Contribution, if any. Your Cash Contribution Contribution, if any, will automatically be deducted from your after-tax merger proceeds (e.g., from any cash payment of the Merger Consideration to which you may be entitled with respect to equity or equity-based interests other than those being rolled over pursuant to this Agreement), provided that if such proceeds are insufficient, any shortfall must be received by wire transfer by no later than 5:00 p.m. (Five p.m., Eastern Daylight Savings Time) the close of business on Monday, September 17, 2007 the day before the Closing (wire information will be provided to you). Delivery of any Rollover Shares will occur as follows: (x) with respect to Rollover Shares, if any, Shares for which physical certificates were delivered to you, by delivering to LVB the physical certificates that were so issued; and (y) with respect to Rollover Shares you hold through a brokerage account, by having the brokerage firm by which such Rollover Shares are held transfer those these Rollover Shares to an account established in Newco’s name (the “Newco Account”) (transfer instructions information will be provided to you). Delivery of physical certificates for The Rollover Shares (if any) must be made via Federal Express or United Parcel Service (UPS) to LVB Acquisition, Inc., c/o Xxxxxxx X. Xxxxx, Senior Vice President, General Counsel & Secretary, Biomet, Inc., 00 Xxxx Xxxx Xxxxx, Warsaw, IN 46582, U.S.A., by no later than 5:00 p.m. (Five p.m., Eastern Daylight Savings Time) on Monday, September 17, 2007. Rollover Shares that are being electronically transferred (if any) must be credited to the Newco Account by no later than 5:00 prior to 12:00 p.m. (Five p.m.Noon, Eastern Daylight Savings Time) on Monday), September 17Thursday, March 29, 2007, which means that you should instruct your broker to initiate the transfer no later than 4:00 12:00 p.m. (Noon, Eastern Daylight Savings Time) on MondayWednesday, September 17, 2007. The Rollover Shares should not be transferred prior to Monday, September 17March 28, 2007.
Appears in 2 contracts
Samples: Rollover Agreement, Opportunity to Acquire Shares (Sabre Holdings Corp)