Contingent Share Consideration definition
Examples of Contingent Share Consideration in a sentence
The Acquisition Price consists of two components: (i) the initial share consideration (the "Initial Share Consideration") and (ii) the contingent share consideration (the "Contingent Share Consideration").
For example, if the MGP Net Income for the year 2000 is $5,100,000 ($5,875,000 of revenues less $775,000) then the Contingent Share Consideration will be equal to 350,000 Contingent Shares.
If a Change of Control of PubCo is consummated prior to the fifth (5th) Business Day after the date on which PubCo files its annual report on Form 20-F for the year ended December 31, 2024, PubCo shall issue or cause to be issued to the Company Shareholder 10,000,000 PubCo Shares less any 2023 Contingent Share Consideration which has been issued to Company Shareholder pursuant to Section 8.25(c)(i).
Neither the exercise of the Assumed Options nor the continued employment of an Interest Holder with the Surviving Company shall be a condition to the delivery to the holders of Assumed Options of any portion of the Maximum Contingent Share Consideration.
For purposes of calculating the number of shares of Contingent Share Consideration to be released from escrow to pay for Damages to which Parent Indemnified Parties are finally determined to be entitled, the Contingent Share Consideration shall be deemed to have a per share value equal to the Contingent Share Consideration Price.
If QSV merges with the Company following receipt of either the Initial Share Consideration or the Contingent Share Consideration, QSV shall be entitled to receive, in exchange for its outstanding capital stock, the number of shares of Common Stock for which the Units and/or OP Units held by QSV at such time would be exchangeable pursuant to the terms of the Master Partnership Agreement or Operating Partnership Agreement, as applicable.
Each share of Common Stock held by a Stockholder surrendered in accordance with Section 1.6 will be canceled and extinguished and be converted automatically into the right to receive Raptor Common Stock in the amount of the Per Share First Share Consideration and, subject to achievement of a Trigger Event (as hereinafter defined), the Per Share Contingent Share Consideration, in accordance with Appendix B.
At the Effective Time, Martek will have sufficient number of authorized (and otherwise unreserved) shares of Martek Common Stock to cover the Initial Share Consideration and the Maximum Contingent Share Consideration.
Regardless of how the Conversion is effected, QSV shall have the right, exercisable at any time prior to the ______ anniversary hereof, to merge directly into the Company and receive the Initial Share Consideration and/or the Contingent Share Consideration in shares of Common Stock, provided that such merger will not adversely affect the Company's ability to qualify as a "real estate investment trust" under the provisions of the Internal Revenue Code of 1986, as amended.
Current procedures allow for penalties to be assessed for $3,050 per day up to $10,000 per day for noncompliance that constitutes immediate jeopardy to patient health and safety, while penalties of $50 to $3,000 per day may be imposed where immediate jeopardy does not exist.