Examples of Earnout Agreements in a sentence
The Schedule referred to in clause (ii) hereof was prepared using the Seller's good faith estimates with respect to the Earnout Agreements and is not intended to be a basis for liability or indemnification hereunder absent a material misrepresentation.
In the event that any New PubCo Earnout Shares reserved for issuance pursuant to this Section 3.2(g) and included in the Closing Payment Schedule are not ultimately issued pursuant to the Earnout Agreements to the Persons indicated in such Agreements, then such New PubCo Earnout Shares shall be issued instead to the Company Shareholders pro rata in accordance with the Closing Payment Schedule to the extent such Company Shareholder remains a shareholder of New PubCo at the time of such issuance.
Also, revise to clarify how the various acquisition will be impacted if you are unable to meet your obligations under the Earnout Agreements with the sellers or are unable to extend or revise such terms as you have done in the past.
Schedule 3.3 sets forth a complete and correct list, as of the date hereof, of the number of shares of Company Common Stock subject to the Options, Director Options and the Warrants and the number of shares of Company Common Stock issuable pursuant to the Earnout Agreements, in each case including the dates of grant and exercise or conversion prices thereof and, in the case of shares issuable pursuant to the Earnout Agreements, the terms of issuance of such shares.
Please revise to explain further the terms of the Nuvini Earnout Agreements and describe the earnout events that must be satisfied in order for the Nuvini Earnout Shares to be issued.
Schedule 3.3 sets forth a complete and correct list, as of the date hereof, of ------------ the number of shares of Company Common Stock subject to the Options, Director Options and the Warrants and the number of shares of Company Common Stock issuable pursuant to the Earnout Agreements, in each case including the dates of grant and exercise or conversion prices thereof and, in the case of shares issuable pursuant to the Earnout Agreements, the terms of issuance of such shares.
The Buyers shall have delivered a counterpart executed copy of the Earnout Agreements.
The Buyers shall have received a counterpart executed copies of the Earnout Agreements from the Sellers and its owners.
Please address the following: Revise the first paragraph to clarify that the Earnout Agreements and Earnout Shares all relate to acquisitions made by Nuvini S.A. Describe the circumstances under which Earnout Shares would not be paid to the persons designated in the Earnout Agreements.
True and correct, fully-executed Securityholder Earnout Agreements, substantially in the form of Exhibit A, dated as of the Closing Date and executed by (i) each of Xxxxxx Xxxxxxxxxx, Xxxx Xxxxxxxxxxxx, Xxxxx Xxxx, Xxxx Xxxxxx, and Xxxxxx Xxxxxxxxxxx and (ii) no fewer than nine (9) of the Persons set forth on Schedule 1.9(e).