Common use of Liquidation of Company Clause in Contracts

Liquidation of Company. The Company shall give the Escrow Agent written notification of the liquidation and dissolution of the Company in the event that the Company fails to consummate a Business Combination within the time period(s) specified in the Prospectus. WITNESS the execution of this Stock Escrow Agreement as of the date first above written: NAVITAS INTERNATIONAL CORPORATION By: -------------------------------------------- Parag G. Mehta President and Cxxxx Xxxxxxxxx Officer CONTINENTAL STOCK TRANSFER & TRUST COMPANY By: -------------------------------------------- Name: Title: INITIAL STOCKHOLDERS: ------------------------------------------------- Vivek K. Soni ------------------------------------------------- Parag G. Mehta ------------------------------------------------- Hemang Dave ------------------------------------------------- N.L. Jain ------------------------------------------------- S.P. Kothari ------------------------------------------------- Michael D. Marvin ------------------------------------------------- Gaurav Gupta ------------------------------------------------- Servjeet S. Bhachu ------------------------------------------------- G.N. Bajpai ------------------------------------------------- Julio E. Vega EXHIBIT A NAME & ADDRESS OF STOCK CERTIFICATE DATE OF INSIDER INITIAL STOCKHOLDER NUMBER OF SHARES NUMBER LETTER Vivek K. Soni 1,208,333 __________, 0000 Xne Charing Cross Lynnfield, MA 01940 Parag G. Mehta 0,000,000 __________, 0000 0 Dublin Circle Burlington, MA 01803 Hemang Dave 250,000 __________, 0000 52 Waltham Street Lexington, MA 02421 N.L. Jain 250,000 __________, 0006 4 Dublin Circle Burlington, MA 01803 S.P. Kothari 250,000 __________, 0000 11 Walnut Street Lexington, MA 02421 Michael D. Marvin 250,000 __________, 0000 Xxxxxman Emeritus c/o MapInfo Corp. One Global View Troy, NY 12180 Gaurav Gupta 604,167 __________, 0000 16 Ernst Road, Apt. 3 Arlington, MA 02474 Servjeet S. Bhachu 000,000 __________, 2000 0 Xxxxnt Road Belmont, MA 02478

Appears in 2 contracts

Samples: Form of Stock Escrow Agreement (Navitas International CORP), Form of Stock Escrow Agreement (Navitas International CORP)

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Liquidation of Company. The Company shall give the Escrow Agent written notification of the liquidation and dissolution of the Company in the event that the Company fails to consummate a Business Combination within the time period(s) specified in the Prospectus. WITNESS the execution of this Stock Escrow Agreement as of the date first above written: NAVITAS INTERNATIONAL . ARPEGGIO ACQUISITION CORPORATION By: -------------------------------------------- Parag G. Mehta President and Cxxxx Xxxxxxxxx Officer CONTINENTAL STOCK TRANSFER & TRUST COMPANY By: -------------------------------------------- Name: Title: INITIAL STOCKHOLDERS: ------------------------------------------------- Vivek K. Soni ------------------------------------------------- Parag G. Mehta ------------------------------------------------- Hemang Dave ------------------------------------------------- N.L. Jain ------------------------------------------------- S.P. Kothari ------------------------------------------------- Michael D. Marvin ------------------------------------------------- Gaurav Gupta ------------------------------------------------- Servjeet S. Bhachu ------------------------------------------------- G.N. Bajpai ------------------------------------------------- Julio E. Vega EXHIBIT A NAME & ADDRESS OF STOCK CERTIFICATE DATE OF INSIDER INITIAL STOCKHOLDER NUMBER OF SHARES NUMBER LETTER Vivek K. Soni 1,208,333 __________, 0000 Xne Charing Cross Lynnfield, MA 01940 Parag G. Mehta 0,000,000 ____________________ Xxxx X. Xxxxxxxxx, 0000 0 Dublin Circle Burlington, MA 01803 Hemang Dave 250,000 Chairman INITIAL STOCKHOLDERS: --------------------------- Xxxx X. Xxxxxxxxx XXXXXXXXX 1991 CHILDREN'S TRUST By:__________, 0000 52 Waltham Street Lexington, MA 02421 N.L. Jain 250,000 __________, 0006 4 Dublin Circle Burlington, MA 01803 S.P. Kothari 250,000 _______ Name: Title: --------------------------- Xxxxxxx X. Xxxxxxx --------------------------- Xxxxx X. Xxxxxx --------------------------- Xxxxx X. Xxxxx --------------------------- Xxx Xxxxx --------------------------- Arnaud Ajdler CONTINENTAL STOCK TRANSFER & TRUST COMPANY By:__________, 0000 11 Walnut Street Lexington, MA 02421 Michael D. Marvin 250,000 __________, 0000 Xxxxxman Emeritus c/o MapInfo Corp. One Global View Troy, NY 12180 Gaurav Gupta 604,167 ____________ Name: Title: EXHIBIT A Name and Address of Number Stock Date of Initial Stockholder of Shares Certificate Number Insider Letter ------------------- --------- ------------------ -------------- Xxxx X. Xxxxxxxxx 900,000 1 April 14, 2004 Arpeggio Acquisition Corporation 00 Xxxx 00xx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 10022 Xxxxxxxxx 1991 Childrens Trust 100,000 2 April 14, 2004 c/o Xxxx Xxxxxxxxx Arpeggio Acquisition Corporation 00 Xxxx 00xx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Xxxxxxx X. Xxxxxxx 50,000 3 April 14, 2004 c/o AD OPT Technologies, Inc. 0000 16 Ernst RoadXxxxx Xxxx Xxxx Suite 650 Montreal, Apt. 3 ArlingtonQuebec, MA 02474 Servjeet S. Bhachu 000,000 __________Canada H3V 1H8 Xxxxx X. Xxxxxx 50,000 4 April 14, 2000 0 Xxxxnt Road Belmont2004 c/o Vector Aerospace Corporation 000 Xxxxxxx Xxxx, MA 02478Xxxxx 000 Xxxxxxx, Xxxxxxx, Xxxxxx X0X 0X0 Xxxxx X. Xxxxx 50,000 5 April 14, 2004 c/o JGD Management Corp. 000 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Xxx Xxxxx 50,000 6 April 14, 2004 000 X. Xxxxxx Ave., Ste 225 Greenwich, Connecticut 06830 Arnaud Ajdler 50,000 7 April 14, 2004 c/o Arpeggio Acquisition Corporation 00 Xxxx 00xx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000

Appears in 1 contract

Samples: Stock Escrow Agreement (Arpeggio Acquisition Corp)

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Liquidation of Company. The Company shall give the Escrow Agent written notification of the liquidation and dissolution of the Company in the event that the Company fails to consummate a Business Combination within the time period(s) specified in the Prospectus. WITNESS the execution of this Stock Escrow Agreement as of the date first above written: NAVITAS INTERNATIONAL . CHINA UNISTONE ACQUISITION CORPORATION By: -------------------------------------------- Parag G. Mehta President and Cxxxx Xxxxxxxxx Officer CONTINENTAL STOCK TRANSFER & TRUST COMPANY By: -------------------------------------------- Name: Title: INITIAL STOCKHOLDERS: ------------------------------------------------- Vivek K. Soni ------------------------------------------------- Parag G. Mehta ------------------------------------------------- Hemang Dave ------------------------------------------------- N.L. Jain ------------------------------------------------- S.P. Kothari ------------------------------------------------- Michael D. Marvin ------------------------------------------------- Gaurav Gupta ------------------------------------------------- Servjeet S. Bhachu ------------------------------------------------- G.N. Bajpai ------------------------------------------------- Julio E. Vega EXHIBIT A NAME & ADDRESS OF STOCK CERTIFICATE DATE OF INSIDER INITIAL STOCKHOLDER NUMBER OF SHARES NUMBER LETTER Vivek K. Soni 1,208,333 __________, 0000 Xne Charing Cross Lynnfield, MA 01940 Parag G. Mehta 0,000,000 ____________________ Chih T. Cheung, 0000 0 Dublin Circle Burlington, MA 01803 Hemang Dave 250,000 Chairman XXXXXXX XXXXXHOLDERS: __________, 0000 52 Waltham Street Lexington, MA 02421 N.L. Jain 250,000 __________, 0006 4 Dublin Circle Burlington, MA 01803 S.P. Kothari 250,000 _______ Chih T. Cheung __________, 0000 11 Walnut Street Lexington, MA 02421 Michael D. Marvin 250,000 __________, 0000 Xxxxxman Emeritus c/o MapInfo Corp. One Global View Troy, NY 12180 Gaurav Gupta 604,167 _______ James Z. Li __________, 0000 16 Ernst Road, Apt. 3 Arlington, MA 02474 Servjeet S. Bhachu 000,000 _________________ Dr. Jian Gao ___________________________ James T. Mauck ___________________________ James Preissler ___________________________ Peter F. Tufo ___________________________ Vincent Lin ___________________________ Raymond Chang Perfect Blazon Co., 2000 0 Xxxxnt Ltd. By: _________________________ Name: Title: CONTINENTAL STOCK TRANSFER & TRUST COMPANY By:________________________________ Name: Title: EXHIBIT A Name and Address of Number Stock Date of Initial Stockholder of Shares Certificate Number Insider Letter ------------------- --------- ------------------ -------------- Chih T. Cheung 216,000 10 July 22, 2004 China Unistone Acquisition Corporation 4 Columbus Circle, 5th Floor New York, New York 10019 James Z. Li 006,000 11 July 22, 2004 China Unistone Acquisition Corporation 4 Columbus Circle, 5th Floor New York, New York 10019 James Preissxxx 06,000 12 July 22, 2004 Majestic Research 4 Columbus Circle, 5th Floor New York, New York 10019 Dr. Jian Gao 06,250 13 July 22, 2004 China Development Bank 29 Fuchengmenwai Street, Xicheng District, Beijing 100037, People's Xxxxxxxx xx Xxxxx Xxxxx X. Xxxxx 56,000 14 July 22, 2004 R.R. Donnelley, Room 1001, One Corporate Avenue, No. 222 Hu Bixx Xxxx, Xxxxxxxx, People's Republic of China, 200021 Xxxxx X. Xxxx 11,000 15 July 22, 2004 E.J. McKay & Co., Inc., Lansheng Tower Suite 1206, 8 Huaihai Road BelmontCxxxxxx, MA 02478Xxanghai, People'x Xxxxxxxx xx Xxxxx 000000 Xxxxxxx Xxx 11,000 16 July 22, 2004 Goldsun Computer & Communication Co., Ltd., 12F, No. 139, Cheng Chou Rd., Taipei, Taiwan, People's Republic of Xxxxx, 000 Xxxxxxx Xxxxx 11,000 17 July 22, 2004 GigaMedia Ltd., 122 TunHua North Road, 14th Floor, Taipei, Taiwan, People's Republix xx Xxxxx X0000000 Xxxxxxx Xxxxxx Xx., Xxx. 75,000 18 July 22, 2004 ATC Trustees (BVI) Limited 2nd Floor, Abbott Building, Road Town, Tortola, British Virgin Islaxxx

Appears in 1 contract

Samples: Stock Escrow Agreement (China Unistone Acquisition CORP)

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