Issue of CEDC Common Stock. 5.2.1 In consideration of the Holdcos granting to Cayman 7 the Cayman 7 Call Options, CEDC shall, subject to the Holdcos not having exercised the Holdco Put Option: (a) on 31 October 2009 issue 1,000,000 shares of CEDC Common Stock to the Holdcos in the proportions set out in the second row of Columns J and K of Schedule 2 (the “2009 Shares”); (b) on 15 June 2010 issue 1,575,000 shares of CEDC Common Stock to the Holdcos in the proportions set out in the third row of Columns J and K of Schedule 2 (the “2010 Shares”); and (c) on 31 July 2012 issue 751,852 shares of CEDC Common Stock to the Holdcos in the proportions set out in the fifth row of Columns J and K of Schedule 2 (the “2012 Shares”), in each case subject to adjustment as per Clause 8.3.4. 5.2.2 Until the 2009 Shares, the 2010 Shares and the 2012 Shares (together, the “Consideration Shares”) have been issued pursuant to Clause 5.2.1:
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Samples: Option Agreement, Option Agreement (Central European Distribution Corp), Option Agreement (Central European Distribution Corp)
Issue of CEDC Common Stock. 5.2.1 In consideration of the Holdcos granting to Cayman 7 the Cayman 7 Call Options, CEDC shall, subject to the Holdcos not having exercised the Holdco Put Option:
(a) on 31 October 2009 issue 1,000,000 shares of CEDC Common Stock to the Holdcos in the proportions set out in the second row of Columns J and K of Schedule 2 (the “2009 Shares”)[INTENTIONALLY LEFT BLANK];
(b) on 15 June 2010 issue 1,575,000 shares of CEDC Common Stock to the Holdcos in the proportions set out in the third row of Columns J and K of Schedule 2 (the “2010 Shares”); and
(c) on 31 July 2012 issue 751,852 shares of CEDC Common Stock to the Holdcos in the proportions set out in the fifth row of Columns J and K of Schedule 2 (the “2012 Shares”), in each case subject to adjustment as per Clause 8.3.4.
5.2.2 Until the 2009 2010 Shares, the 2010 2012 Shares and those Shares to be issued as the 2012 Shares CEDC Share Payment under Clause 5.5.3 (together, the “Consideration Shares”) have been issued pursuant to Clause 5.2.1issued:
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Samples: New Option Agreement (Central European Distribution Corp)