Examples of Alignvest Common Shares in a sentence
Alignvest shall have caused each party to the Forward Purchase Agreements (either directly or via the power of attorney granted to Alignvest in the Forward Purchase Agreements) to agree to Alignvest exercising the automatic right of repurchase of their Alignvest Class B Shares (which will become Alignvest Common Shares following completion of the Alignvest Arrangement) on the terms and conditions set out in Section 6.06.
Subject to the foregoing, the term to expiry, vesting conditions, and all other terms and conditions of the right to receive such Alignvest Common Shares will be the same as the terms and conditions of such grant under such Sagicor Share Plan, and any document or agreement previously evidencing such grant under such Sagicor Share Plan shall thereafter evidence and be deemed to evidence such right to receive Alignvest Common Shares.
In respect of Alignvest Shareholders who are U.S. citizens or residents, Alignvest has not paid or given any commission or other remuneration within the meaning of Section 3(a)(9) of the U.S. Securities Act to any person, directly or indirectly, for soliciting the exchange of the Alignvest Shares for Alignvest Common Shares.
Performance measurement is done by using the concept of balanced scorecard (Kaplan and Norton, 2002).
Subject to Section 6.06(c), each Founder as at the Agreement Date shall have entered into an agreement pursuant to which Alignvest shall have the automatic right to repurchase certain of such Founder’s Alignvest Class B Shares (which will become Alignvest Common Shares following completion of the Alignvest Arrangement) in accordance with the terms and conditions set out in Section 6.06.
If the applicable Alignvest Class B Shares (which will become Alignvest Common Shares following completion of the Alignvest Arrangement) are repurchased as provided in Section 6.06(a) and/or Section 6.06(b), the dividends shall be returned to Alignvest, and all of the repurchased shares shall be cancelled.
For the avoidance of doubt, any Change in Control which results from a take-over bid that is not supported by the Alignvest Board will result in the termination of the provisions of this Section Alignvest Common Shares and all dividends (if any) shall be released from escrow to the holders of the applicable Alignvest Common Shares.
Requirements The grant of RSUs, and the issuance of the underlying Alignvest Common Shares pursuant to the RSU Plan, will be subject to compliance with all applicable laws, rules and regulations of all governmental and regulatory authorities and to the requirements of the TSX, as well as Institutional Shareholder Services and similar guidelines.
The Alignvest Common Shares so issued to the Transfer Agent shall be pooled and sold as soon as practicable after the Effective Date, on such dates and at such prices as the Transfer Agent determines in its sole discretion.
The Transfer Agent shall not be obligated to seek or obtain a minimum price for any of the Alignvest Common Shares sold by it.