Examples of Buyer Parent Common Stock in a sentence
Except in accordance with federal and state securities laws, Shareholders, Seller and Seller's Representative agree that similar transfer restrictions will apply to any shares for which the Buyer Parent Common Stock is exchanged in accordance with and as contemplated in the Securities Exchange Agreement.
After the date hereof, Seller shall cause all of the shares of Buyer Parent Common Stock owned by Seller, beneficially or otherwise, to be voted in favor of maintaining the Special Committee, or a similarly constituted group, for the purpose of monitoring the compliance by Seller of its obligations under the Agreements.
For purposes of this Section 8.3(e)(ii), "Purchase Price Indemnification Amount" shall mean the sum of (x) Cdn$13,062,741 (plus or minus any adjustment to the Note as contemplated by Section 1.4(e)) and (y) the product of 1,000,000 multiplied by the average of the closing prices reported on the Nasdaq National Market for Buyer Parent Common Stock for the twenty trading days (whether or not any trades of Buyer Parent Common Stock occur on any such day) prior to the date hereof.
At the Closing Date, the authorized capital stock of Buyer Parent will consist of 6,000,000 shares of Buyer Parent Common Stock.
Each Shareholder, or a representative thereof, has received a draft of this Agreement and has confirmed that all documents, books and records pertaining to such Shareholder's investment in Buyer Parent Common Stock and requested by Seller's Representative or such Seller have been made available.
As used herein, “Buyer Parent Stock Plans” shall mean all employee and director equity incentive plans of Buyer Parent in effect as of the date of this Agreement and agreements for equity awards in respect of Buyer Parent Common Stock granted by Buyer Parent under the inducement grant exception.
Buyer Parent Common Stock .............................................
As of the Execution Date, Buyer Parent is eligible to register the resale of the shares of Buyer Parent Common Stock comprising the Stock Consideration under Form S-3 promulgated under the Securities Act.
The Buyer Parent Common Stock is listed on the NYSE, and Buyer Parent has not received any notice of delisting.
Buyer Parent has, and at Closing will have, sufficient duly authorized shares of Buyer Parent Common Stock to enable it to issue the Stock Consideration to Seller.