Examples of Company Special Voting Stock in a sentence
Before the Effective Time, neither the Company, Parent, Merger Corp.
Notwithstanding anything to the contrary in this Section 1, if the Individual Stockholder sells any Company Options issued under the Company Rollover Stock Plan to a Third Party Purchaser pursuant to this Section 1, the Individual Stockholder (and, if applicable, a Permitted Transferee and/or Related Trust of the Individual Stockholder) shall also sell, for no additional consideration, a corresponding number of shares of Company Special Voting Stock to such Third Party Purchaser.
Each of the Company and Parent shall use reasonable efforts to cause the Proxy Statement to be mailed to the holders of the Company Common Stock and the holder of the Company Special Voting Stock as promptly as practicable after the Form F-4 is declared effective under the Securities Act.
Any redemption, retraction or exchange, or subdivision, re-division or other change, of the Exchangeable Shares must also include a redemption or repurchase by the U.S. Company of the same number of shares of U.S. Company Special Voting Stock, or a corresponding subdivision, re-division or other change in respect of the U.S. Company Special Voting Stock.
The number of shares of Company Special Voting Stock granted to each Officer shall be equal to the number of Shares underlying the New Option granted to such Officer.
As of the Effective Time of the Merger, the share of Company Special Voting Stock shall no longer be outstanding and shall automatically be canceled and retired and shall cease to exist, and the holder of the certificate which, prior to the Effective Time of the Merger, represented such share of Company Special Voting Stock shall cease to have any rights with respect thereto, except the right to receive the Special Voting Stock Merger Consideration.
The adoption of this Agreement by the holders of a majority in voting power of the outstanding shares of Company Common Stock and the outstanding Company Special Voting Stock, voting together as a single class (the "Company Stockholder Approval"), is the only vote of the holders of any class or series of Company Capital Stock necessary to approve this Agreement and the transactions contemplated by this Agreement.
As of the Effective Time of the Merger, by virtue of the Merger and without any action on the part of the holder of any share or shares of special voting stock, par value $0.10 per share ("Company Special Voting Stock") of the Company, each share of Company Special Voting Stock shall automatically be cancelled and retired and shall cease to exist, and no Parent Common Stock or other consideration shall be delivered in exchange therefor.
All of the issued and outstanding shares of Company Common Stock, Company Preferred Stock and Company Special Voting Stock (A) have been duly authorized and validly issued and are fully paid and nonassessable, (B) were issued in compliance in all material respects with applicable Securities Laws, (C) were not issued in breach or violation of any preemptive rights or Contract, and (D) are fully vested and not subject to any restrictions.
Upon the forfeiture of any New Option or the conversion of any New Option into the right to receive cash in lieu of Shares pursuant to this Section 6(g), the Officer shall sell to the Company, and the Company shall repurchase, at the par value thereof, one share of Company Special Voting Stock for each underlying Share of the New Option so forfeited or converted.