Examples of Closing Date Per Share Merger Consideration in a sentence
Options with an exercise price that is equal to or exceeds the Closing Date Per Share Merger Consideration shall immediately prior to the Effective Time, to the extent not exercised by the holder thereof prior to the Effective Time in accordance with the terms of the Incentive Plan, automatically be extinguished and cancelled without the right to receive any consideration (with no payment being made hereunder with respect thereto).
Options with an exercise price that is equal to or exceeds the Closing Date Per Share Merger Consideration shall immediately prior to the Effective Time of Merger I, to the extent not exercised by the holder thereof prior to the Effective Time of Merger I in accordance with the terms of the Incentive Plan, automatically be extinguished and cancelled without the right to receive any consideration (with no payment being made hereunder with respect thereto).
Parent shall, no later than five (5) Business Days after satisfaction by a holder of Company Shares of the conditions in this Section 3.1(g)(iii) (but in no event prior to the Closing Date), instruct the Paying Agent to make the payment of the applicable amount of the Closing Date Per Share Merger Consideration provided in Section 2.6(a) to such holder, in cash, by wire transfer of immediately available funds to the account designated by such holder in the letter of transmittal delivered by such holder.
Options with an exercise price that exceeds, or US Options with an exercise price that is equal to, the Closing Date Per Share Merger Consideration shall immediately prior to the Effective Time, to the extent not exercised by the holder thereof prior to the Effective Time in accordance with the terms of the Equity Incentive Plan, automatically be extinguished and cancelled without the right to receive any consideration (with no payment being made hereunder with respect thereto).
In consideration for such Options, if any, you will receive an amount (without interest) in cash equal to (a) the amount (if any, but not less than zero) by which the Closing Date Per Share Merger Consideration exceeds the exercise price per share of Common Stock the applicable Option, multiplied by (b) the number of shares of Common Stock that would otherwise be issuable upon the exercise of such Option.
The Closing Date Per Share Merger Consideration is currently estimated to be approximately [$].
On or after the Effective Time, any Certificates presented to the Exchange Agent, Parent or the Surviving Corporation for transfer (other than shares of Excluded Company Common Stock or Dissenting Shares) shall be canceled and exchanged for the right to receive the Merger Consideration applicable thereto, including a cash amount in immediately available funds equal to the Closing Date Per Share Merger Consideration to which the holder of such Certificate is entitled pursuant to Section 2.1(a).
The UK Vested Options with an exercise price less than or equal to the Closing Date Per Share Merger Consideration (each, a “UK In-the-Money Vested Option”) shall become exercisable before the Closing.
No interest will be paid or accrued on any portion of the Closing Date Per Share Merger Consideration deliverable upon surrender of a Company Stock Certificate.