Examples of Company Equity Awards in a sentence
As of immediately prior to the Effective Time, the Company will take all action necessary to effect the cancellation and exchange, as applicable, of Company Equity Awards upon the Effective Time and to give effect to this Section 2.8 (including the satisfaction of the requirements of Rule 16b-3(e) promulgated under the Exchange Act).
Notwithstanding anything herein to the contrary, each of the Payment Agent, Parent, the Company, the Surviving Corporation, and their Affiliates will be entitled to deduct and withhold from any amounts payable pursuant to this Agreement to any holder or former holder of shares of Company Common Stock or Company Equity Awards, or any other applicable Person, such amounts as are required to be deducted or withheld therefrom pursuant to any Tax laws.
From the Capitalization Date to the Agreement Date the Company has not issued or granted any Company Securities other than pursuant to the exercise of Company Equity Awards granted prior to the Agreement Date and which are reflected in the Company Equity Award numbers as set forth in Section 3.7(b).
As of 5:00 p.m., Pacific Time, on June 30, 2021 (such time and date, the “Capitalization Date”), 34,971,738 shares of Company Common Stock were issued and outstanding (which excludes the shares of Company Common Stock relating to the Company Equity Awards referred to in Section 3.7(b)), 16,726,055 of which shares of Company Common Stock were held by the Company as treasury shares as of such time, and no shares of preferred stock were outstanding.
The Company has made available or otherwise delivered to Parent a true, correct and complete list of all Company Equity Awards as of the Capitalization Date with the number of shares of Company Common Stock underlying the Company Equity Award, current vesting status, and exercise or strike price underlying each Company Equity Award (as applicable).