Outstanding Share Capital. As of the date hereof, Buyer has 400,463,003 FM Ordinary Shares issued and outstanding. As of the Closing Date, immediately prior to the issuance of the Share Consideration, Buyer shall have no more than 425,463,003 FM Ordinary Shares issued and outstanding on a fully diluted and converted basis, excluding (i) any FM Ordinary shares that may be issued in the Follow-On Offering, (ii) any issuance of stock options pursuant to the employee stock option plans disclosed in the Buyer SEC Documents, (iii) any FM Ordinary Shares to be issued upon the vesting of any options issued by Buyer and (iv) up to 400,000 FM Ordinary Shares to be issued to Infoachieve Limited pursuant to the Share Purchase Agreement entered into between Buyer and Infoachieve Limited on October 15, 2005.
Appears in 2 contracts
Samples: Share Purchase Agreement (Focus Media Holding LTD), Share Purchase Agreement (Focus Media Holding LTD)
Outstanding Share Capital. As of the date hereof, Buyer has 400,463,003 no more than 559,000,000 (five-hundred-fifty-nine million) FM Ordinary Shares issued and outstanding. As of the Closing Date, immediately At no time prior to April 30, 2007 (without taking account the issuance of the Initial Share Consideration, ) shall Buyer shall have no more than 425,463,003 570,000,000 (Five-Hundred-seventy Million) FM Ordinary Shares issued and outstanding on a fully diluted and converted basis, excluding (i) any FM Ordinary shares that may be issued in the Follow-On Offering, (ii) any issuance of stock options pursuant to the employee stock option plans disclosed in the Buyer SEC Documents, (iiiii) any FM Ordinary Shares to be issued upon the vesting of any options issued by Buyer and (iviii) up to 400,000 any FM Ordinary Shares to be issued to Infoachieve Total Team Investments Limited pursuant to the Share Purchase Agreement entered into between Buyer and Infoachieve Limited on October 15, 2005in connection with Buyer’s acquisition of Framedia.
Appears in 2 contracts
Samples: Share Purchase Agreement (Focus Media Holding LTD), Share Purchase Agreement (Focus Media Holding LTD)
Outstanding Share Capital. As of the date hereof, Buyer has 400,463,003 FM Ordinary Shares issued and outstanding. As of the Closing Date, immediately prior to the issuance of the Share Consideration, Buyer shall have no more than 425,463,003 FM Ordinary Shares issued and outstanding on a fully diluted and converted basis, excluding (i) any FM Ordinary shares that may be issued in the Follow-On Offering, (ii) any issuance of stock options pursuant to the employee stock option plans disclosed in the Buyer SEC Documents, (iii) any FM Ordinary Shares to be issued upon the vesting of any options issued by Buyer and (iv) up 36 <PAGE> to 400,000 FM Ordinary Shares to be issued to Infoachieve Limited pursuant to the Share Purchase Agreement entered into between Buyer and Infoachieve Limited on October 15, 2005.
Appears in 1 contract
Samples: Share Purchase Agreement