Common use of Share Reissuance Clause in Contracts

Share Reissuance. (a) No later than ten (10) Business Days prior to the Acquisition Effective Time, the Company shall deliver to PubCo and Sponsor for approval by Sponsor (acting reasonably) the draft Former Hyphen Equity Holders Schedule; provided that the aggregate Pro Rata Portion with respect to all Former Hyphen Equity Holders set forth therein shall not exceed 100%. Sponsor and the Company shall discuss the draft Former Hyphen Equity Holders Schedule in good faith, and the version of such schedule agreed by the Company and Sponsor in writing (each acting reasonably) shall be the Former Hyphen Equity Holders Schedule for all purposes under this Agreement. Promptly and in any event within ten (10) Business Days following the Share Forfeiture under Section 6.2, PubCo shall issue and allot to each Former Hyphen Equity Holder a number of PubCo Class A Ordinary Shares equal to the product of (i) the aggregate number of Forfeiture Shares (subject to an equitable adjustment to reflect the effect of any share subdivisions, share consolidations, share dividend, reorganization, recapitalization, reclassification, combination, exchange of shares or other like change) multiplied by (ii) the Pro Rata Portion of such Former Hyphen Equity Holder, with fractions calculated on an aggregate basis for each Former Hyphen Equity Holder and then rounded down to the nearest whole share.