Examples of Additional Stock Consideration in a sentence
Stock certificates issued as part of the Initial Stock Consideration or as part of the Additional Stock Consideration shall be accompanied by any documents necessary to permit the transfer agent to transfer shares of Argan Stock as directed by the selling Stockholder.
CSI covenants that all Additional Stock Consideration will be validly authorized an issued, fully paid, nonassessable, free of preemptive rights and free from all taxes, liens, charges and security interests with respect to the issue thereof.
Each Company Shareholder receiving Closing Stock Consideration and Additional Stock Consideration agrees not to sell any such shares of Acquirer Common Stock pursuant to the Resale Registration Statement without delivering, or causing to be delivered, a prospectus included therein to the purchaser thereof pursuant to the prospectus delivery requirements of the Securities Act.
EEI further understands that the shares comprising the Additional Stock Consideration may not be sold, transferred or otherwise disposed of without registration under the Act or an exemption therefrom, and that said shares may not be sold pursuant to Rule 144 promulgated under the Act unless all of the conditions of that Rule are met or established.
As full and complete satisfaction of $482,522 of indebtedness of the Shareholders owed to the Target, the Shareholders shall sell, transfer and deliver to the Surviving Corporation (i) on the Closing Date the Initial Supplemental Stock Consideration and (ii) on January 31, 2002 if the Shareholders receive Additional Stock Consideration pursuant to Section 2.4(b)(ii), the Additional Supplemental Stock Consideration.