IPO Transaction. (i) If an IPO Transaction occurs on or before the Conversion Date, the Investor will automatically be entitled to payment by the Company of the Cash-Out Amount to the extent the Company receives any proceeds from the sale of FGS Stock in the IPO Transaction.
Appears in 6 contracts
Samples: FlexEnergy Green Solutions, Inc., FlexEnergy Green Solutions, Inc., FlexEnergy Green Solutions, Inc.