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Stock Swap Sample Clauses

Stock Swap. You may exercise your Options by delivering to Xxxxxxx Xxxxx shares of Company stock that you have owned for at least six months, duly endorsed for transfer to the Company, having a fair market value on the date you deliver it equal to the xxxxx xxxxx multiplied by the number of shares covered by the Options you are exercising, plus applicable taxes. You have access to the secure Benefits OnLine® website at xxx.xxxxxxxx.xx.xxx. Benefits OnLine provides grant summaries, modeling, and the ability to exercise Options and direct that stock acquired upon exercise be sold. Due to trading restrictions and other equity grant policies applicable to the Company’s executive officers, the Company’s executive officers and other individuals subject to Section 16 of the Exchange Act are required to conduct equity award transactions through the Xxxxxxx Xxxxx Financial Advisor team designated to service the accounts.
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Stock Swap. You may exercise your Options by delivering to Xxxxxxx Xxxxx shares of Company stock that you have owned for at least six months, duly endorsed for transfer to the Company, having a fair market value on the date you deliver it equal to the xxxxx xxxxx multiplied by the number of shares covered by the Options you are exercising, plus applicable taxes. You have access to the secure Benefits OnLine® website at xxx.xxxxxxxx.xx.xxx. Benefits OnLine provides grant summaries, modeling, and the ability to exercise options and direct that stock be sold. The Company’s executive officers and other Section 16 Insiders are required to open brokerage accounts and conduct equity award transactions through The Xxxxxxx-Xxxx Group, the Xxxxxxx Xxxxx Financial Advisor team designated to service the accounts.
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Stock Swap. The shareholders of KETOSPORTS shall collectively sell Four Hundred and Seventy Four (474) shares of issued KETOSPORTS Stock to LVGI. As consideration for such shares, LVGI shall issue to the Shareholders a total of Two Thousand Five Hundred (2,500) shares of Series, AB, AC, AD, AE of LVGI Preferred Stock, and Two Hundred and Twenty-Five Thousand U.S. Dollars ($225,000) based on the schedule in Exhibit A. (i) The LGVI Preferred Stock shall be convertible to LVGI common stock in a ratio of one (1) share of LGVI Preferred Stock to One Thousand (1,000) shares of LGVI common stock, with a current value as of the effective date of this agreement, of Nine U.S. Cents ($0.09) per share. The LVGI Preferred Stock may be converted into LVGI common stock at the holder’s sole discretion but not earlier than twelve (12) months from the Closing. (ii) As soon as practicable after the Closing, KETOSPORTS shall provide confirmation of book entry, documenting the transfer to LVGI of said Five Hundred and Fifty-Three Shares (553) of capital shares and issued shares of KETOSPORTS Stock. The KETOSPORTS Stock may not be sold or transferred, other than as set forth in Article IX, until LVGI and KETOSPORTS enter into a Buy/Sell Agreement as defined in Article VIII. (iii) As soon as practicable after the Closing, each Shareholder shall be entitled to receive a share certificate for the LVGI Preferred Stock received by the Shareholder (or at LVGI 's discretion a book-entry confirmation of such LVGI Preferred Stock ownership).
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Stock Swap. The parties are desirous of completing a second stock swap of 877,557 Taicom Class B Preferred Stock for 67,000,000 shares of IAO Common Stock at $0.035 per share (“Second Swap”). For purposes of this Second Swap, the parties agree and acknowledge the following valuation of the Taicom Class B Preferred Stock as follows: At 3/1/2009 JY 1,463,422,525 Forgivable Loan Liability JY 350,000,000 Total Swap Value of Taicom Securities JY 1,813,422,515 Conversion @97.662JY/USD (3-2-2009) $ 18,568,347 The Company agrees and acknowledges that the Taicom Class B Preferred Stock are restricted securities and may not be resold, distributed, collateralized liquidated or transferred to any person or entity. Further, the Company agrees and acknowledges that such Taicom Class B Preferred Stock is being acquired for investment for Company’s own account and not with a view to resell or distribute any part or whole thereof. The parties intend this transaction to qualify as a tax-free exchange.
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Stock Swap applies to shrunk tonnes
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Stock Swap. To the extent that this Section 6.2 is applicable, all or any part of the Exercise Price may be paid by surrendering, or attesting to the ownership of, shares of Common Stock that are already owned by the Optionee. Such shares of Common Stock shall be valued at their Fair Market Value on the date when the new shares of Common Stock are purchased under the Plan. If originally received pursuant to any Company benefit plan, shares of Common Stock swapped in payment of the Exercise Price must have been held by the Optionee for at least six months.
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Stock Swap. 2.1 The parties are also desirous of entering into a stock swap on or before July 31, 2009 or the record date for the August 28, 2009 General Meeting of Shareholders, whichever is earlier. Such stock swap shall exchange Ten Million Five Hundred Thousand (10,500,000) shares of IAO Common Stock at $0.035 per share for One Hundred Thirty Seven Thousand Five Hundred Twenty Eight (137,528) Taicom Class B Preferred Stock (hereinafter “Second Swap”). Details of such Second Swap shall be memorialized in a separate writing. 2.2 For purposes of this Second Swap, the parties agree and acknowledge the following valuation of the Taicom Class B Preferred Stock: Book Value of Taicom Securities JY 1,463,422,525 At 3/1/2009 Forgivable Loan Liability JY 350,000,000 Total Swap Value of Taicom Securities JY 1,813,422,525 Conversion @97.662JY/USD (3-2-2009) $ 18,568,347 2.3 The Company agrees and acknowledges that the Taicom Class B Preferred Stock are restricted securities and may not be resold, distributed, collateralized liquidated or transferred to any person or entity. Further, the Company agrees and acknowledges that such Taicom Class B Preferred Stock is being acquired for investment for Company’s own account and not with a view to resell or distribute any part or whole thereof. The parties intend this transaction to qualify as a tax-free exchange.
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Stock Swap 
Sample 1

Related to Stock Swap

  • Treatment of Stock Dividends, Stock Splits, etc In case the Company at any time or from time to time after the date hereof shall declare or pay any dividend on the Common Stock payable in Common Stock, or shall effect a subdivision of the outstanding shares of Common Stock into a greater number of shares of Common Stock (by reclassification or otherwise than by payment of a dividend in Common Stock), then, and in each such case, Additional Shares of Common Stock shall be deemed to have been issued (a) in the case of any such dividend, immediately after the close of business on the record date for the determination of holders of any class of securities entitled to receive such dividend, or (b) in the case of any such subdivision, at the close of business on the day immediately prior to the day upon which such corporate action becomes effective.

  • Stock Split All references to numbers of shares in this Agreement shall be appropriately adjusted to reflect any stock dividend, split, combination or other recapitalization affecting the Capital Stock occurring after the date of this Agreement.

  • Stock Splits, Stock Dividends, etc In the event of any issuance of Shares of the Company’s voting securities hereafter to any of the Stockholders (including, without limitation, in connection with any stock split, stock dividend, recapitalization, reorganization, or the like), such Shares shall become subject to this Agreement and shall be notated with the legend set forth in Subsection 7.12.

  • Stock Splits, etc The number and kind of securities purchasable upon the exercise of this Warrant and the Exercise Price shall be subject to adjustment from time to time upon the happening of any of the following. In case the Company shall (i) pay a dividend in shares of Common Stock or make a distribution in shares of Common Stock to holders of its outstanding Common Stock, (ii) subdivide its outstanding shares of Common Stock into a greater number of shares, (iii) combine its outstanding shares of Common Stock into a smaller number of shares of Common Stock, or (iv) issue any shares of its capital stock in a reclassification of the Common Stock, then the number of Warrant Shares purchasable upon exercise of this Warrant immediately prior thereto shall be adjusted so that the Holder shall be entitled to receive the kind and number of Warrant Shares or other securities of the Company which it would have owned or have been entitled to receive had such Warrant been exercised in advance thereof. Upon each such adjustment of the kind and number of Warrant Shares or other securities of the Company which are purchasable hereunder, the Holder shall thereafter be entitled to purchase the number of Warrant Shares or other securities resulting from such adjustment at an Exercise Price per Warrant Share or other security obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of Warrant Shares purchasable pursuant hereto immediately prior to such adjustment and dividing by the number of Warrant Shares or other securities of the Company resulting from such adjustment. An adjustment made pursuant to this paragraph shall become effective immediately after the effective date of such event retroactive to the record date, if any, for such event.

  • Stock In the case of any stock split, stock dividend or like change in the nature of shares of Stock covered by this Agreement, the number of shares and exercise price shall be proportionately adjusted as set forth in Section 5.1(m) of the Plan.

  • Stock Dividends, Splits, Etc If the Company declares or pays a dividend or distribution on the outstanding shares of the Class payable in common stock or other securities or property (other than cash), then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without additional cost to Holder, the total number and kind of securities and property which Holder would have received had Holder owned the Shares of record as of the date the dividend or distribution occurred. If the Company subdivides the outstanding shares of the Class by reclassification or otherwise into a greater number of shares, the number of Shares purchasable hereunder shall be proportionately increased and the Warrant Price shall be proportionately decreased. If the outstanding shares of the Class are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Warrant Price shall be proportionately increased and the number of Shares shall be proportionately decreased.

  • Stock Dividends - Split-Ups If after the date hereof, and subject to the provisions of Section 4.6 below, the number of outstanding shares of Common Stock is increased by a stock dividend payable in shares of Common Stock, or by a split-up of shares of Common Stock, or other similar event, then, on the effective date of such stock dividend, split-up or similar event, the number of shares of Common Stock issuable on exercise of each Warrant shall be increased in proportion to such increase in outstanding shares of Common Stock.

  • Stock Dividends, Rights, Etc The Custodian shall receive and collect all stock dividends, rights, and other items of like nature and, upon receipt of Instructions, take action with respect to the same as directed in such Instructions.

  • Stock Dividends and Stock Splits If the Company, at any time while this Debenture is outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Stock on shares of Common Stock or any Common Stock Equivalents (which, for avoidance of doubt, shall not include any shares of Common Stock issued by the Company upon conversion of, or payment of interest on, the Debentures), (ii) subdivides outstanding shares of Common Stock into a larger number of shares, (iii) combines (including by way of a reverse stock split) outstanding shares of Common Stock into a smaller number of shares or (iv) issues, in the event of a reclassification of shares of the Common Stock, any shares of capital stock of the Company, then the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Stock (excluding any treasury shares of the Company) outstanding immediately before such event, and of which the denominator shall be the number of shares of Common Stock outstanding immediately after such event. Any adjustment made pursuant to this Section shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.

  • Stock Dividends, Distributions, Etc If, while this Pledge Agreement is in effect, Pledgor becomes entitled to receive or receives any securities or other property in addition to, in substitution of, or in exchange for any of the Pledged Shares (whether as a distribution in connection with any recapitalization, reorganization or reclassification, a stock dividend or otherwise), Pledgor shall accept such securities or other property on behalf of and for the benefit of the Company as additional security for Pledgor's obligations under the Note and shall promptly deliver such additional security to the Company together with duly executed forms of assignment, and such additional security shall be deemed to be part of the Pledged Shares hereunder.

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