Examples of Concentra Common Stock in a sentence
All outstanding shares of Concentra Common Stock and Concentra Class A Common Stock are validly issued, fully paid and nonassessable and are not subject to preemptive rights.
All holders of fractional shares of Concentra Common Stock shall be entitled to receive, in lieu thereof, an amount in cash (rounded to the nearest whole cent), without interest, determined by multiplying (i) the fraction of a share of Concentra Common Stock to which such holder would otherwise have been entitled by (ii) the Concentra Common Stock Value.
Concentra expressly assumes, effective as of the Effective Time (as defined in the Reorganization Agreement), the obligations of CRA contained in the Registration Rights Agreement, as contemplated by Section 10(a) therein, and agrees that the shares of Concentra Common Stock issued to the Holders (as defined in the Registration Rights Agreement) pursuant to the Reorganization Agreement shall be "Registrable Securities" subject to the Registration Rights Agreement.
Stockholders owning those numbers and classes of the total issued and outstanding Company Stock that will be converted into at least 2,588,760 shares of Concentra Common Stock pursuant to Section 3.1 shall have agreed to a "lock-up" of their shares of Concentra Common Stock to be received in the Merger as set forth in the applicable provisions of the Consent Form.
Notwithstanding the foregoing, any in-kind dividend of Concentra Common Stock on the Distribution Date in connection with any unvested Select Restricted Stock Awards issued on April 30, 2024 (the “April Awards”) that are outstanding immediately prior to the Distribution Date shall be subject to a one year vesting period commencing on the Distribution Date.
No dividends or other distributions declared or made after the Effective Time with a record date after the Effective Time with respect to Concentra Common Stock shall be paid to the holder of any unsurrendered Certificate with respect to the Merger Consideration represented thereby, and no cash payment in lieu of fractional shares shall be paid to any such holder pursuant to Section 3.4, until the holder of record of such Certificate shall surrender such Certificate in accordance with this Section 3.
The shares of Concentra Common Stock to be issued pursuant to the Merger will be duly authorized, validly issued, fully paid and nonassessable and not subject to preemptive rights created by statute, Concentra's certificate of incorporation or bylaws or any agreement to which Concentra is a party or is bound.
As of the date hereof, the authorized capital stock of Concentra consists of (i) 100,000,000 shares of Concentra Common Stock, (ii) 5,000,000 shares of Class A Common Stock, $0.01 par value per share, and (iii) 20,000,000 shares of preferred stock, par value $0.01 per share (the "Concentra Preferred Stock").
Each Election Share held by an Electing Holder who (A) appoints a Purchaser Representative prior to the Election Deadline and (B) delivers to the Company an executed Common/Class A-B-E Election prior to the Election Deadline, shall be converted solely into the right to receive that number of validly issued, fully paid and nonassessable shares of Concentra Common Stock determined in accordance with Section 3.1(b)(i) or (b)(ii), as applicable.
Towards the end of the training year, trainees will make a self-assessment of their progression for each CiP and record this in the ePortfolio with signposting to the evidence to support their rating.