Examples of AmPaM Stock in a sentence
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.
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 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.
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 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.
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.
No Stockholder is under any binding commitment or contract to sell, exchange or otherwise dispose of shares of AmPaM Stock or AmPaM Notes received pursuant to this Agreement.
The AmPaM Stock issued and delivered to the Stockholders shall at the time of such issuance and delivery be free and clear of any liens, claims or encumbrances of any kind or character.
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.
The Stockholders shall have received an opinion of Andrxxx & Xurtx X.X.P., in substantially the form of Annex IV hereto, that the AmPaM Plan of Organization will qualify as a tax-free transfer of property under Section 351 of the Code and that the Stockholders will not recognize gain to the extent the Stockholders exchange Company Stock for AmPaM Stock (but not cash or other property) pursuant to this Agreement in connection with the AmPaM Plan of Organization.