Share Payment. Vested Restricted Stock Units relating to your RSU Award will be paid to you in whole shares of Stock. Partial shares, if any, will be paid in cash.
Share Payment. Code Section 162(m). Vested Restricted Stock Units relating to your Potential RSU Award will be paid to you in whole shares of Stock. Partial shares, if any, will be paid in cash. Notwithstanding any provision in the Plan or this Agreement to the contrary, if in OfficeMax’s good faith determination, some or all of the remuneration attributable to this payment is not deductible by OfficeMax for federal income tax purposes pursuant to Code Section 162(m), then payment of such units will occur on the date OfficeMax anticipates, or should reasonably anticipate, that payment would qualify for deduction under Code Section 162(m).
Share Payment. Code Section 162(m). Vested Performance-Based RSUs relating to your Target Award will be paid to you in whole shares of Stock. Partial shares, if any, will be paid in cash. Notwithstanding any provision in the Plan or this Agreement to the contrary, if in OfficeMax’s good faith determination, some or all of the remuneration attributable to this payment is not deductible by OfficeMax for federal income tax purposes pursuant to Code Section 162(m), then payment of such units will occur on the date OfficeMax anticipates, or should reasonably anticipate, that payment would qualify for deduction under Code Section 162(m).
Share Payment. (A) Issue and Payment for the Firm Shares shall be made prior to 2:00 p.m., Eastern time, on the second (2nd) Business Day following the date hereof (the “Effective Date”) (or the third (3rd) Business Day following the Effective Date if this Agreement is executed after 4:01 p.m., Eastern time) or at such earlier time as shall be agreed upon by the Representative and the Company, at the offices of Sxxxxx Xxxxxx LLP, 900 X Xxxxxx XX, Xxxxx 000, Xxxxxxxxxx XX 00000 (“Representative’s Counsel”), or at such other place (or by electronic transmission) as shall be agreed upon by the Representative and the Company. The hour and date of issue and payment for the Firm Shares is called the “Closing Date.”
(B) Payment for the Firm Shares shall be made on the Closing Date by wire transfer in federal (same day) funds, payable to the order of the Company upon issue of the Firm Shares (in form and substance satisfactory to the Underwriters), for the account of the Underwriters. The securities comprising the Firm Shares shall be registered in such name or names and in such authorized denominations as the Representative may request in writing prior to the Closing Date. The term “Business Day” means any day other than a Saturday, a Sunday or a legal holiday or a day on which banking institutions are authorized or obligated by law to close in New York, New York.
Share Payment. Vested restricted stock units will be paid to you in whole shares of OfficeMax common stock. Partial shares, if any, will be paid in cash.
Share Payment. Romarco will issue to Paragon up to 1,500,000 fully paid and non-assessable Shares as consideration for the Lease of the Property according to the following schedule:
(a) 300,000 Shares upon execution of this Agreement;
(b) 300,000 Shares on or before December 31, 2004;
(c) as of December 31 in each of 2005, 2006 and 2007, that number of Shares which is equal to the number which is obtained by dividing $300,000 by the greater of (i) $1.00; and (ii) the Market Price on December 31 in that year (converted into U.S. dollars at the noon rate quoted by the Bank of Canada on such date) as promptly as reasonably practicable after that date; (each a “Share Payment” and collectively the “Share Payments”) provided that in the event of any alteration of the Shares, including any subdivision, consolidation or reclassification, and in the event of any form of reorganization of Romarco, including any amalgamation, merger or arrangement, Paragon shall, following the occurrence of any of those events, be entitled to receive the same number of Shares that it would have been entitled to receive had the Share Payment been made immediately prior to the occurrence of those events, and in the case of more than one such event, all adjustments shall be cumulative.
Share Payment. The payment to a Redeeming Party of a number of REIT Shares determined by multiplying (i) the number of Partnership Units tendered for redemption by such Redeeming Party pursuant to a validly proffered Redemption Notice by (ii) the Conversion Multiple. In the event the REIT grants any REIT Share Rights prior to such redemption, any Share Payment shall include for the Redeeming Party his ratable share of such REIT Share Rights.
Share Payment. The shareholders agree to the following shares of stock, at an actual price per share of $________. Name Shares Total Price __________________________ _________ _________ __________________________ _________ _________ __________________________ _________ _________ __________________________ _________ _________ Payment is due upon incorporation. The corporation will issue a stock certificate to the Shareholder as evidence of stock ownership.
Share Payment. The parties acknowledge that, immediately following ------------- the Closing, all or a portion of the beneficial interest in the Share Payment shall be transferred by the Company to Shareholder in satisfaction of indebtedness owed by the Company to Shareholder.
Share Payment. The remaining portion of the Purchase Price shall be paid with One Million Five Hundred Thousand Dollars ($1,500,000.00) of BaM’s common shares at a price of $0.7439 CAD per share and an exchange rate of 1.3296 (the “Share Value Calculation”) for a total possible payment of Two Million Six Hundred and Eighty One Thousand Six (2,681,006) shares, subject to the Share Payment Reductions set forth in Section 2.04(c) below (the “Share Payment”). The Share Payment shall be subject to the mandatory six (6) month exchange holding period. Within two (2) business days following the Transition Date, the Buyer shall initiate the process to issue the Share Payment, which shall be withheld, in its entirety, by Buyer or third-party escrow agent at Buyer’s sole discretion until Closing. The Withheld Shares shall subject to Section 2.04(c), and in no event shall Buyer be granted any rights with respect to the Withheld Shares prior to the Closing.
