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: Peplin Inc

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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: Peplin Inc

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: Peplin Inc

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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: Peplin Inc

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