Common use of Share Exchange Consideration Clause in Contracts

Share Exchange Consideration. 3.1 The Transaction will result in the exchange of all of ASE’s issued and outstanding shares in consideration for newly issued common shares of HoldCo, at an exchange ratio of 1 ASE common share for 0.5 HoldCo common share (the “Exchange Ratio”) (1 ASE American depositary share (each ASE American depositary share currently represents five ASE common shares) shall be exchanged for 1.25 Holdco American depositary shares (each HoldCo American depositary share will represent two HoldCo common shares)). The actual number of ASE’s shares expected to be exchanged under this Transaction will be based on the total number of shares issued by ASE as of the Share Exchange Record Date.

Appears in 4 contracts

Samples: Joint Share Exchange Agreement (Siliconware Precision Industries Co LTD), Joint Share Exchange Agreement (Advanced Semiconductor Engineering Inc), Joint Share Exchange Agreement (Siliconware Precision Industries Co LTD)

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