Common use of Purchase Price of the Capital Stock Clause in Contracts

Purchase Price of the Capital Stock. (a) The purchase price ("Purchase Price") due and payable by the Designated Successor upon exercise of the Successor Designation Option shall be an amount equal to the product of (a) the aggregate net amount received by the New PC pursuant to Article 6 and Schedule 3 of the Management Services Agreement for the twelve (12) calendar months immediately preceding the month in which the Successor Designation Exercise Notice is delivered to Dr. Schmisseur (or his successor or representative) multiplied bx (x) x xxxxxxxn, the numerator of which is the number of shares of the Capital Stock to be purchased and the denominator of which is the total number of shares of the Capital Stock outstanding at the time of such purchase.

Appears in 1 contract

Samples: Option and Successor Designation Agreement (Omega Orthodontics Inc)

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Purchase Price of the Capital Stock. (a) The purchase price ("Purchase Price") due and payable by the Designated Successor upon exercise of the Successor Designation Option shall be an amount equal to the product of (a) the aggregate net amount received by the New PC pursuant to Article 6 and Schedule 3 of the Management Services Agreement for the twelve (12) calendar months immediately preceding the month in which the Successor Designation Exercise Notice is delivered to Dr. Schmisseur Azani (or his successor or representativerepresentatxxx) multiplied bx xxxxiplied by (xb) x xxxxxxxna fraction, the numerator of which is the number of shares of the Capital Stock to be purchased and the denominator of which is the total number of shares of the Capital Stock outstanding at the time of such purchase.

Appears in 1 contract

Samples: Successor Designation Agreement (Omega Orthodontics Inc)

Purchase Price of the Capital Stock. (a) The purchase price ("Purchase Price") due and payable by the Designated Successor upon exercise of the Successor Designation Option shall be an amount equal to the product of (a) the aggregate net amount received by the New PC pursuant to Article 6 and Schedule 3 of the Management Services Agreement for the twelve (12) calendar months immediately preceding the month in which the Successor Designation Exercise Notice is delivered to Dr. Schmisseur Schneekluth (or his successor or representative) multiplied bx xx (x) x xxxxxxxn, the numerator of which is the number of shares of the Capital Stock to be purchased and the denominator of which is the total number of shares of the Capital Stock outstanding at the time of such purchase.

Appears in 1 contract

Samples: Designation Agreement (Omega Orthodontics Inc)

Purchase Price of the Capital Stock. (a) The purchase price ("Purchase Price") due and payable by the Designated Successor upon exercise of the Successor Designation Option shall be an amount equal to the product of (a) the aggregate net amount received by the New PC pursuant to Article 6 and Schedule 3 of the Management Services Agreement for the twelve (12) calendar months immediately preceding the month in which the Successor Designation Exercise Notice is delivered to Dr. Schmisseur Villa (or his successor or representativerepresentatxxx) multiplied bx xxxxiplied by (xb) x xxxxxxxna fraction, the numerator of which is the number of shares of the Capital Stock to be purchased and the denominator of which is the total number of shares of the Capital Stock outstanding at the time of such purchase.

Appears in 1 contract

Samples: Successor Designation Agreement (Omega Orthodontics Inc)

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Purchase Price of the Capital Stock. (a) The purchase price ("Purchase Price") due and payable by the Designated Successor upon exercise of the Successor Designation Option shall be an amount equal to the product of (a) the aggregate net amount received by the New PC pursuant to Article 6 and Schedule 3 of the Management Services Agreement for the twelve (12) calendar months immediately preceding the month in which the Successor Designation Exercise Notice is delivered to Dr. Schmisseur Xx. Xxxxxxx (or his successor or representative) multiplied bx by (xb) x xxxxxxxna fraction, the numerator of which is the number of shares of the Capital Stock to be purchased and the denominator of which is the total number of shares of the Capital Stock outstanding at the time of such purchase.

Appears in 1 contract

Samples: Designation Agreement (Omega Orthodontics Inc)

Purchase Price of the Capital Stock. (a) The purchase price ("Purchase Price") due and payable by the Designated Successor upon exercise of the Successor Designation Option shall be an amount equal to the product of (a) the aggregate net amount received by the New PC pursuant to Article 6 and Schedule 3 of the Management Services Agreement for the twelve (12) calendar months immediately preceding the month in which the Successor Designation Exercise Notice is delivered to Dr. Schmisseur Xx. Xxxxxx (or his successor or representative) multiplied bx by (xb) x xxxxxxxna fraction, the numerator of which is the number of shares of the Capital Stock to be purchased and the denominator of which is the total number of shares of the Capital Stock outstanding at the time of such purchase.

Appears in 1 contract

Samples: Designation Agreement (Omega Orthodontics Inc)

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