Baxter Common Stock definition
Examples of Baxter Common Stock in a sentence
All shares of Baxter Common Stock issued in the ---------------- form of restricted stock that were earned for 1999 performance and are held by an Edwards Employee as of the Distribution Date will vest on December 31, 2000 as long as such Edwards Employee continues employment with either Edwards or Baxter (or any of their respective Subsidiaries or Affiliates) through such date.
In lieu of receiving fractional shares, each holder of Baxter Common Stock who otherwise would be entitled to receive a fractional ▇▇▇▇▇▇▇ Share pursuant to the Distribution will receive cash (rounded to the nearest cent) for such fractional share.
Promptly following the Distribution Date, Baxter shall instruct the Transfer Agent to distribute to all holders of record of Baxter Common Stock as of the Record Date the ▇▇▇▇▇▇▇ Distributable Share.
Except as otherwise provided in the plan, on -------------------- the Distribution Date, Edwards Employees shall cease to be eligible to purchase Baxter Common Stock under the terms of the Baxter Stock Purchase Plans, and as of the record date of the Distribution, Edwards Employees may become eligible to participate in the Edwards Stock Purchase Plans in accordance with the provisions of such plans.
Baxter shall instruct the Transfer Agent to distribute to all holders of record of Baxter Common Stock as of the Record Date the ▇▇▇▇▇▇▇ Distributable Share.
Baxter shall instruct the Agent (i) to distribute to all holders of record of Baxter Common Stock as of the Record Date the Allegiance Distributable Share for each share of Baxter Common Stock outstanding and held of record by such holder as of the Record Date, and (ii) to deliver to Allegiance, as a contribution to Allegiance, all of the remaining Allegiance Shares, if any, then held by the Agent.
In lieu of receiving fractional shares, each holder of Baxter Common Stock who would otherwise be entitled to receive a fractional Allegiance Share pursuant to the Spin-Off will receive cash for such fractional share.
Except as otherwise provided in the plan, -------------------- on the Distribution Date, Edwards Employees shall cease to be eligible to purchase Baxter Common Stock under the terms of the Baxter Stock Purchase Plan, and as of the record date of the Distribution, Edwards Employees shall become eligible to participate in the Edwards Stock Purchase Plan.
After the Registration Statement becomes effective, Baxter shall mail the Information Statement to the holders of Baxter Common Stock as of the Record Date.