Examples of A&R Letter Agreement in a sentence
Accordingly, if a public stockholder, alone or acting in concert or as a group, seeks to redeem more than 15% of the public shares, then any such shares in excess of that 15% limit would not be redeemed for cash.Our Sponsors, directors and members of the management team entered into the A&R Letter Agreement, pursuant to which they agreed to waive their redemption rights with respect to their shares in connection with the completion of the Business Combination.
Our Sponsors will count towards this quorum and, pursuant to the A&R Letter Agreement, our Sponsors, officers and directors have agreed to vote their Founder Shares and any Public Shares purchased during or after the Public Offering (including in open market and privately-negotiated transactions) in favor of our initialBusiness Combination.
Pursuant to the A&R Letter Agreement, our Sponsors, officers and directors have agreed to vote their Founder Shares, as well as any Public Shares purchased (including in open market and privately-negotiated transactions), in favor of our initial Business Combination.
By: /s/ Shantanu Gaur Name: Shantanu GaurTitle: Chief Executive Officer Compute Health Acquisition Corp.Allurion RTWSignature Page to A&R Letter Agreement Acknowledged and agreed to by: RTW MASTER FUND, LTD.
An additional 1,365,924 of JFG’s Founder Shares will be forfeited in connection with the closing of the Business Combination pursuant to the A&R Letter Agreement.
Our Sponsors, officers and directors have entered into the A&R Letter Agreement with us, pursuant to which they have agreed to waive their redemption rights with respect to any Founder Shares and any Public Shares held by them in connection with the completion of our initial Business Combination.
Other Equity Awards On December 17, 2020, the Board of Directors approved of a one-time RSU grant to each of Mr. Heyer, Mr. Phoenix and Mr. Grafer valued at $80,000 (the “December Grant”)due to their ineligibility to receive Annual Retainers in 2020 and 2021 under the terms of the A&R Letter Agreement and A&R Monitoring Agreement, as applicable.
The Debtors continue to believe that the transition services, as amplified by the A&R Letter Agreement, provide a significant benefit to the Debtors and their Estates.
The Debtors continue to believe that the transition services, as amplified by the A&R Letter Agreement, represent a significant benefit to the Debtors and their estates.
In addition, pursuant to the A&R Letter Agreement, our Sponsors will, at the Closing of the Proposed Transaction, forfeit a total of 3,828,000 of their shares of Class B common stock (the “Sponsor Forfeited Shares”), with 2,828,000 shares being forfeited by the Sponsors on a basis pro rata with their ownership of the Company and 1,000,000 additional shares being forfeited by the TJF Sponsor.