ASD Common Stock definition

ASD Common Stock shall have the meaning set forth in the Distribution Agreement.
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ASD Common Stock means the issued and outstanding shares of common stock, par value $0.01 per share, of ASD.
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Examples of ASD Common Stock in a sentence

  • The number of shares of ASD Common Stock subject to the adjusted ASD Restricted Stock Unit will be equal to the number of shares of ASD Common Stock subject to the ASD Restricted Stock Unit immediately prior to the Effective Time multiplied by a fraction, the numerator of which is the ASD Closing Price and the denominator of which is the ASD Opening Price.

  • The number of shares of WABCO Common Stock subject to the WABCO Restricted Stock Unit will be equal to the number of shares of ASD Common Stock subject to the ASD Restricted Stock Unit immediately prior to the Effective Time multiplied by a fraction, the numerator of which is the ASD Closing Price and the denominator of which is the Opening WABCO Stock Price.

  • Subject to conditions and other terms in this ARTICLE IV, each holder of ASD Common Stock on the Record Date (or such holder’s designated transferee or transferees) will be entitled to receive in the Distribution one (1) share of WABCO Common Stock (which includes a related preferred stock purchase right) for every three (3) shares of ASD Common Stock held by such stockholder.

  • For stockholders of ASD who own ASD Common Stock through a broker or other nominee, their shares of WABCO Common Stock will be credited to their respective accounts by such broker or nominee.

  • Subject to conditions and other terms in this ARTICLE IV, ASD will cause the Agent on the Distribution Date to distribute all of the outstanding shares of WABCO Common Stock then owned by ASD to holders of ASD Common Stock on the Record Date, and to credit the appropriate class and number of such shares of WABCO Common Stock to book entry accounts for each such holder or designated transferee or transferees of such holder of WABCO Common Stock.

  • ASD shall mail to the holders of ASD Common Stock, at such time on or prior to the Distribution Date as ASD shall determine, the Information Statement included in the Form 10, as well as any other information concerning WABCO, WABCO’s business, operations and management, the Separation and such other matters as ASD shall reasonably determine are necessary and as may be required by Law.