Examples of Contributed Shares in a sentence
Pursuant to the terms and subject to the conditions set forth in this Agreement, the Executive hereby agrees to contribute, and Investors hereby agrees to receive, the Contributed Shares in exchange for the number of Units set forth on Schedule II.
The term "Contributed Shares" shall have the meaning set forth in the preface.
Upon delivery to the Company by the Contributing Shareholder of the share certificates representing such Contributed Shares pursuant to Article 2 hereof, the Company will receive good and valid title to such Contributed Shares, free and clear of all Liens (except for restrictions imposed by the applicable securities laws).
The parties acknowledge and agree that a Transferor may, prior to the closing of the transactions contemplated by this Agreement, transfer Contributed Shares pursuant to a Permitted Transfer (as defined in the Operating Agreement) so long as the recipient of such Contributed Shares signs a joinder to this Agreement agreeing to be bound by its terms and the terms of the Operating Agreement.
The term Contributed Shares shall have the meaning set forth in Section 2.1.