Common use of Vesting of Shares at Closing Clause in Contracts

Vesting of Shares at Closing. 75% of the Founder Shares Beneficially Owned by the Sponsor as of the Closing shall vest at Closing.

Appears in 2 contracts

Samples: Sponsor Agreement (Trine Acquisition Corp.), Churchill Capital Corp II

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Vesting of Shares at Closing. 7550% of the unvested Founder Shares Beneficially Owned by the each Sponsor (or Affiliate thereof) as of the Closing shall vest at Closing.

Appears in 1 contract

Samples: Sponsor Agreement (Mosaic Acquisition Corp.)

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Vesting of Shares at Closing. 7590% of the Founder Shares Beneficially Owned by the Sponsor as of the Closing shall vest at Closing.

Appears in 1 contract

Samples: Merger Agreement (TS Innovation Acquisitions Corp.)

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