Examples of Century Common Stock in a sentence
The exercise price per share (rounded to the nearest whole cent) of each Replacement Option shall equal (y) the exercise price per share for the shares of Century Common Stock which were purchasable pursuant to such Century Stock Option divided by (z) the Option Exchange Ratio.
As of May 31, 2001, 1,039,422 shares of Century Common Stock were reserved for issuance upon the exercise of stock options pursuant to the Century Stock Plans of which options to purchase 950,996 shares of Century Common Stock have been issued.
Exchange: Nasdaq Related Exchange(s): In the event that Century Common Stock is not trading on Nasdaq on any relevant date, and is trading on any other nationally recognized exchanges, the Related Exchange shall be the nationally recognized exchange on which Century Common Stock is traded that is chosen by the Calculation Agent.
Affinity further acknowledges that, for the Century Common Stock to be publicly sold by Affinity, absent inclusion in an effective registration statement, Affinity would have to comply with Rule 144, promulgated under the Securities Act, which Rule, as currently in effect, requires among other things, the satisfaction of a two-year holding period.
On and subject to the terms and conditions of this Agreement, Affinity agrees to purchase from Century, and Century agrees to sell and deliver to Affinity Thirty-Seven Million Five Hundred Thousand (37,500,000) restricted Units of Century Common Stock in exchange for the consideration set forth below.
Subject to the terms and conditions set forth herein, Grantor hereby grants to Grantee an option to purchase up to 19.9% (i.e., 1,016,653 shares as of the date of this Agreement) of Century Common Stock at an exercise price of $18.00 per share payable in cash as provided in Section 4.
The Debt Per Share Amount shall be equal to (x) the Note Amount divided by (y) the total number of shares of Century Common Stock outstanding at the Effective Time.
At present, because of the depressed price earnings ratio of New Century Common Stock, this number would be much lower.
Neither the Exchange Agent nor any party to this Agreement shall be liable to any holder of shares of First Century Common Stock for any Shareholder Consideration, Stock Derivative Cancellation Payment or other amount properly delivered or paid to a public official pursuant to applicable abandoned property, escheat or similar laws.
Xxxxxxxx, 113,773 shares of Century Common Stock at an exercise price of $1.31 per share, and (ii) in the case of Xxxxxxxx X.