AmPaM Stock definition
Examples of AmPaM Stock in a sentence
Whenever AmPaM proposes to register any AmPaM Stock for its own or other's account under the 1933 Act for a public offering, other than (i) any shelf or other registration of shares to be used as consideration for acquisitions of additional businesses by AmPaM and (ii) registrations relating to employee benefit plans, AmPaM shall give each of the Stockholders prompt written notice of its intent to do so.
At such closing AmPaM shall make payment for the AmPaM Stock to be repurchased by wire transfer of immediately available funds to a bank account designated by such Stockholder for such purpose and such Stockholder shall deliver to AmPaM certificates, duly endorsed for transfer, representing the shares of AmPaM Stock to be purchased and sold pursuant to the exercise of such Put Right.
In the event AmPaM has not consummated an IPO and notwithstanding the foregoing, to the extent the Stockholders who have received greater than 50% of their Aggregate Consideration in cash wish to tender AmPaM Stock to AmPaM for purchase, AmPaM will use its commercially reasonable efforts to continue to repurchase up to 10% of the AmPaM Stock held by such Stockholder annually.
The right to cause AmPaM to register shares of AmPaM Stock under this Agreement may be assigned to a transferee or assignee of any Stockholder to the extent that such transferee or assignee is a member of the immediate family of a Stockholder, a trust, limited partnership or other estate planning entity for the benefit of any such persons or a charitable organization that qualifies for receipt of charitable contributions under Section 170(c) of the Code.
The date for closing the sale of any shares of AmPaM Stock pursuant to a proper exercise of a Put Right shall in no event be earlier than 90 days after the date AmPaM receives the Put Notice.
Sterling City Capital, LLC and each of its Affiliates which owns AmPaM Stock shall have entered into an agreement with AmPaM containing substantially the same terms and conditions as are contained in Section 15 and Section 17.
The AmPaM Stock, the Additional Consideration Right and any AmPaM Notes to be acquired by each Stockholder pursuant to this Agreement is being acquired solely for such Stockholder's own account, for investment purposes only, and with no present intention of selling, assigning, exchanging, transferring, pledging, or otherwise disposing of it.
The purchase price for such redemption shall be $13.00 per share, such price to be subject to appropriate adjustment to reflect any reclassification, stock dividend, subdivision, split-up or combination of shares of AmPaM Stock after the date hereof.
On the Closing Date, the Stockholders shall, upon surrender of certificates evidencing the Company Stock, receive from AmPaM the respective number of shares of AmPaM Stock, the amount of cash and the principal amount of AmPaM Notes described on Annex I hereto specified with respect to each such Stockholder as payable on the Closing Date.
Any amendment or waiver effected in accordance with this Section 19.15 shall be binding upon each of the parties hereto, any other person receiving AmPaM Stock in connection with the purchase and sale of the Company Stock and each future holder of such AmPaM Stock.