Examples of CGI Shares in a sentence
No amount will be paid to, or in respect of, a Participant under the Plan, or pursuant to any other arrangement, to compensate a Participant for a downward fluctuation in the price of CGI Shares, nor will any other form of benefit be conferred upon, or in respect of, a Participant for such purpose.
In the event of any change in the number of outstanding CGI Shares following any share dividend, subdivision, reorganization, merger, consolidation, combination or exchange of shares or any other similar corporate change, the Board shall make an equitable adjustment to the number of PSUs held in the record in respect to a Participant or to the class of shares underlying the PSUs. Such adjustment shall be final and binding for the purposes of the Plan.
For purposes of determining the number of CGI Shares equal to the Purchase Price, the valuation of the CGI Shares shall be determined based on the average daily trading price for the ten (10) trading days immediately preceding the Closing.
In addition, brokerage fees or commissions incurred by a Plan Trustee or any other third party administrator mandated by the Company in connection with the sale of CGI Shares made on behalf and for the account of a Participant, including sales made to satisfy any withholding obligation for Tax-Related Items pursuant to Section 13, shall be borne by the Participant and shall be deducted from the proceeds of such sale.
Manolos acknowledges that the offer and sale of the CGI Shares are not registered under the Securities Act or any state securities laws, and that the Shares may not be pledged, transferred, sold, offered for sale, hypothecated, or otherwise disposed of except pursuant to the registration provisions of the Securities Act or pursuant to an applicable exemption therefrom and subject to state securities laws and regulations, as applicable.
That the CGI Shares will be validly authorized and issued by the COMPANY, they will be fully paid and non-assessable and that they will be issued in full compliance with all federal and state securities laws.
It has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of the acquisition of CGI Shares issued and delivered to it in the respective Transaction.
Manolos further acknowledges that if an exemption from registration or qualification is available, it may be conditioned on various requirements including, but not limited to, the time and manner of sale, the holding period for the CGI Shares, and on requirements relating to CGI which are outside of Manolos’ control, and which CGI is under no obligation and may not be able to satisfy.
Tsai further acknowledges that if an exemption from registration or qualification is available, it may be conditioned on various requirements including, but not limited to, the time and manner of sale, the holding period for the CGI Shares, and on requirements relating to CGI which are outside of Tsai’s control, and which CGI is under no obligation and may not be able to satisfy.
To meet this requirement, an entity might disclose the highest, lowest and average amount of risk to which it was exposed during the period.