Common use of Fractional entitlements Clause in Contracts

Fractional entitlements. Fractional entitlements to the consideration offered under clause 4. 2(a)(i) (B) will be rounded up to the nearest whole number of shares of Xxxxxx Common Stock after aggregating all holdings of a Share Scheme Participant and, in each case, in a manner which avoids manipulation of holdings, take advantage of the rounding up entitlement.

Appears in 1 contract

Samples: Restructure Implementation Agreement (Peplin Inc)

AutoNDA by SimpleDocs

Fractional entitlements. Fractional entitlements to the consideration offered under clause 4. 2(a)(i) (B4.1(a)(i)(B) will be rounded up to the nearest whole number of shares of Xxxxxx Pxxxxx Common Stock Stock, after aggregating all holdings of a Share Scheme Participant and, in each case, in a manner which avoids manipulation of holdings, take advantage of the rounding up entitlementParticipant.

Appears in 1 contract

Samples: Restructure Implementation Agreement (Peplin Inc)

Fractional entitlements. Fractional entitlements to the consideration offered under clause 4. 2(a)(i4.1(a)(i) (B) will be rounded up to the nearest whole number of shares of Xxxxxx Common Stock Stock, after aggregating all holdings of a Share Scheme Participant and, in each case, in a manner which avoids manipulation of holdings, take advantage of the rounding up entitlementParticipant.

Appears in 1 contract

Samples: Restructure Implementation Agreement (Peplin Inc)

AutoNDA by SimpleDocs

Fractional entitlements. Fractional entitlements to the consideration offered under clause 4. 2(a)(i) (B4.2(a)(i)(B) will be rounded up to the nearest whole number of shares of Xxxxxx Pxxxxx Common Stock after aggregating all holdings of a Share Scheme Participant and, in each case, in a manner which avoids manipulation of holdings, take advantage of the rounding up entitlement.

Appears in 1 contract

Samples: Restructure Implementation Agreement (Peplin Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!