Initial Earn-Out Amount Per FD Share. If and when an Initial Earn-Out Amount becomes payable under Section 2.5(d), an amount equal to the product of (A) the Initial Earn-Out Amount Per FD Share multiplied by (B) the Conversion Ratio for the series of Company Preferred Stock subject to such Outstanding Preferred Warrant.
Appears in 1 contract
Samples: Agreement of Investment and Merger (Techne Corp /Mn/)
Initial Earn-Out Amount Per FD Share. If and when an Initial Earn-Out Amount becomes payable under Section 2.5(d), an amount equal to the product of (A) the Initial Earn-Out Amount Per FD Share multiplied by (B) the Conversion Ratio for the series of Company Preferred Stock subject to such Outstanding Preferred WarrantShare.
Appears in 1 contract
Samples: Agreement of Investment and Merger (Techne Corp /Mn/)
Initial Earn-Out Amount Per FD Share. If and when an Initial Earn-Out Amount becomes payable under Section 2.5(d), an amount equal to the product of (A1) the Initial Earn-Out Amount Per FD Share Share, multiplied by (B2) the Series C Conversion Ratio for the series of Company Preferred Stock subject to such Outstanding Preferred WarrantRatio.
Appears in 1 contract
Samples: Agreement of Investment and Merger (Techne Corp /Mn/)
Initial Earn-Out Amount Per FD Share. If and when an Initial Earn-Out Amount becomes payable under Section 2.5(d), an amount equal to the product of (A1) the Initial Earn-Out Amount Per FD Share Share, multiplied by (B2) the Series B Conversion Ratio for the series of Company Preferred Stock subject to such Outstanding Preferred WarrantRatio.
Appears in 1 contract
Samples: Agreement of Investment and Merger (Techne Corp /Mn/)
Initial Earn-Out Amount Per FD Share. If and when an Initial Earn-Out Amount becomes payable under Section 2.5(d), an amount equal to the product of (A1) the Initial Earn-Out Amount Per FD Share Share, multiplied by (B2) the Series A Conversion Ratio for the series of Company Preferred Stock subject to such Outstanding Preferred WarrantRatio.
Appears in 1 contract
Samples: Agreement of Investment and Merger (Techne Corp /Mn/)
Initial Earn-Out Amount Per FD Share. If and when an Initial Earn-Out Amount becomes payable under Section 2.5(d), an amount equal to the product of (A1) the Initial Earn-Out Amount Per FD Share Share, multiplied by (B2) the Series D Conversion Ratio for the series of Company Preferred Stock subject to such Outstanding Preferred WarrantRatio.
Appears in 1 contract
Samples: Agreement of Investment and Merger (Techne Corp /Mn/)