DSU Holders definition
Examples of DSU Holders in a sentence
From and after the Effective Time, grant letters, agreements, certificates and other instruments or documents, if any, formerly representing Hydrogenics RSUs, Hydrogenics DSUs and Hydrogenics Options, or rights thereto, shall represent only the Newco RSUs, Newco DSUs and Newco Options granted to the Hydrogenics RSU Holders, Hydrogenics DSU Holders and Hydrogenics Optionholders pursuant to Article 2.
The Company DSUs shall be treated as set forth in Section 2.14 of this Agreement and there are no agreements with Company DSU Holders to the contrary.
As of and from the Effective Time, this Plan of Arrangement will be binding on the Company, Integra, the Company Shareholders, the Company Option Holders, the Company RSU Holders, the Company DSU Holders, the Depositary, the transfer agents in respect of the Company Shares, and all other Persons, in each case without any further act or formality required on the part of any Person.
From and after the Effective Time, any acknowledgements, agreements and other documentation which sets out the rights and entitlements of Skye Optionholders and Skye DSU Holders to their respective Skye Options and Skye DSUs held as of the Effective Time will continue to represent such rights and entitlements as modified by this Plan of Arrangement.
The aggregate amount of cash paid to the DSU Holders at pursuant to this Section 2.2(c) is referred to herein as the “Total DSU Proceeds”.
The Company shall elect pursuant to subsection 110(1.1) of the Tax Act in respect of the cash payment to the Company Optionholders and the Company DSU Holders pursuant to this Plan of Arrangement, including delivering written notice of such election to each such holder in accordance with the requirements in the Tax Act.
This Plan of Arrangement will become effective at, and be binding at and after, the Effective Time on: (i) Argonaut; (ii) Alio; (iii) Former Alio Shareholders; (iv) Former Alio Optionholders, (v) Former Alio PSU Holders, (vi) Former Alio RSU Holders and (vii) Former Alio DSU Holders.
At the Effective Time, Parent shall deposit, or shall cause to be deposited, with the Company, for the benefit of the Optionholders and the DSU Holders, respectively, the Total Option Proceeds and the Total DSU Proceeds.
The number of Purchaser Shares to be issued to Former Company Shareholders, Company RSU Holders and Company DSU Holders shall be rounded down to the nearest whole Purchaser Share in the event that a Former Company Shareholder, Company RSU Holder or Company DSU Holder is entitled to a fractional share and no person will be entitled to any compensation in respect of a fractional share.
The total number of Argonaut Shares to be issued to any Former ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, Former ▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇, Former Alio RSU Holder or Former Alio DSU Holder shall, without additional compensation, be rounded down to the nearest whole Argonaut Share in the event that a Former ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, Former Alio PSU Holder, Former Alio RSU Holder or Former Alio DSU Holders would otherwise be entitled to a fractional share.