Examples of Earnout Share Consideration in a sentence
In the event that Buyer and Seller are unable to reach agreement on the Change in Control Share Consideration Amount prior to the occurrence of a Change in Control, the Change in Control Share Consideration Amount shall be equal to the Maximum Earnout Amount and be made in the form of FM Ordinary Shares (the "Maximum Earnout Share Consideration").
If, pursuant to the dispute resolution mechanism set forth in Section 10.15 of this Agreement, it is determined that the Alleged Dismissal Earnout Event did not constitute a Dismissal Earnout Event, such determination shall be definitive and no Dismissal Earnout Share Consideration will be payable by Buyer to Seller.
Notwithstanding anything to the contrary contained herein, it is understood that the right of the Selling Shareholders to receive First Earnout Share Consideration or Second Earnout Share Consideration is not transferable under any circumstances except by operation of law or the laws of descent and distribution.
The declaratory judgment count sought “an order declaring Karin’s right to receive fifty percent of the Initial Share Consideration received by Gregory.” Additionally, the declaratory judgment count sought “an order declaring Karin’s right to receive fifty percent of the Earnout Share Consideration received by Gregory not attributable to Gregory’s post-decree employment efforts.” The breach of contract count alleged damages for respondent’s breach of the PSA.
However we have to be careful, since according to equation (3.25) the derivative of the free energy neither transforms as a gradient field nor as a 1-form, i.e., a force.
Any Earnout Share Consideration issuable to Sellers pursuant to Section 4.02(b) shall be issued such that each Seller shall receive the number of shares (rounded to the nearest whole share) of Newco Ordinary Shares determined by multiplying (A) the applicable Earnout Share Consideration by (B) the percentage set forth opposite such Seller’s name on Section 4.02(b)(iii) of the Target Company Disclosure Letter.
The terms and conditions of the lock-up for the Earnout Share Consideration shall be set forth in the Lock-Up Agreement.
The Parties agree that the issue and allotment of the Deferred Share Consideration, First Earnout Share Consideration and Second Earnout Share Consideration, as contemplated in clauses 4.1.3, 4.2.3 and 4.2.4, respectively, shall be implemented within the time periods contemplated in clauses 4.1.3, 4.2.3 and 4.2.4 and in mutatis mutandis the same manner and in accordance with the same processes as contemplated in clauses 7.1 and 7.2 above.
Netfin and Holdco shall notify the Stockholders of any Earnout Share Consideration to be paid to the Stockholders promptly following each Milestone Event, but in any event not later than 10 Business Days thereafter.
The Closing Payment Shares (including the Escrow Shares) and the Earnout Share Consideration, when issued in accordance with this Agreement, will be duly authorized and validly issued, and will be fully paid and nonassessable.