Pubco and Subco. RI shall exchange securities as follows: Pubco shall issue the Pubco Exchange Shares to Subco-RI and Subco-RI shall issue the Subco-RI Exchange Shares to Pubco;
Appears in 4 contracts
Samples: Arrangement Agreement, Arrangement Agreement, Arrangement Agreement
Pubco and Subco. RI shall exchange securities as follows: Pubco shall issue the Pubco Exchange Distribution Shares to Subco-RI and Subco-RI shall issue the Subco-RI Exchange Distribution Shares to Pubco, and the Controlling Shareholder shall agree to forgo 60,000 Subco-RI Distribution Shares to which he would otherwise be entitled;
Appears in 1 contract
Samples: Arrangement Agreement
Pubco and Subco. RI shall exchange securities as follows: Pubco shall issue the Pubco Exchange Shares to Subco-RI and Subco-RI shall issue the Subco-RI Exchange Distribution Shares to Pubco;
Appears in 1 contract
Samples: Arrangement Agreement
Pubco and Subco. RI shall exchange securities as follows: Pubco shall issue the Pubco Exchange Distribution Shares to Subco-RI and Subco-RI shall issue the Subco-RI Exchange Distribution Shares to Pubco;
Appears in 1 contract
Samples: Arrangement Agreement
Pubco and Subco. RI shall exchange securities as follows: Pubco shall issue the Pubco Exchange Shares to Subco-RI and Subco-RI shall issue the Subco-RI Distribution Shares shall then be distributed to the Pubco Shareholders holding Pubco Shares as of the Record Date on a pro rata basis, provided that the Pubco Controlling Shareholder will forego the number of Subco-RI Distribution Shares to which he would otherwise be entitled so as to effect a 1:1 distribution of the Pubco Exchange Shares to amongst the remaining shareholders of Pubco;
Appears in 1 contract
Samples: Arrangement Agreement