Examples of Employee Holders in a sentence
For so long as an Exchange Registration Statement is effective and is usable under this Article III by the Employee Holders, no Management Vehicle or Transferee thereof shall have any registration rights under Article II.
Each of the employees of Treyarch set forth in Schedule 2.3 (the "Employee Holders") shall become entitled to the Activision Shares set forth opposite such Employee Holder's name pursuant to Treyarch's Standard Equity Sharing Plan (the "Equity Sharing Plan").
The Partnership shall deliver a written notice (a “Centre Call Notice”) on such tenth (10) day and the Partnership shall, using the proceeds from the Non-Former Employee Holders, purchase the portion of the Centre Call Units elected to be purchased by the Non-Former Employee Holders (and such Non-Former Employee Holders shall deliver such proceeds to the Partnership in exchange for the issuance of Common Units by the Partnership).
Notwithstanding the foregoing, in the case of any payment owed to a Non-Employee Holder, the applicable payments shall be made through the Exchange Agent pursuant to Section 2.03, and Parent, in its sole discretion, shall be permitted to determine to pay all or any portion of the Company Equity Award Consideration to all or a portion of the Employee Holders through the Exchange Agent pursuant to Section 2.03.
Each Non-Former Employee Holder shall have the right to purchase the Offered Units (as defined in the Parent LP Agreement) (the “Parent LP Offered Units”) in an amount equal to (i) the total number of such Parent LP Offered Units multiplied by (ii) a fraction equal to (x) the number of outstanding Common Units owned by such Non-Former Employee Holder over (y) the number of outstanding Common Units owned by all of the Non-Former Employee Holders.
At the time set forth in Section 2.04(e), each Non-Employee Holder shall be entitled to receive such Non-Employee Holder’s Company Equity Award Consideration and, if determined by Parent pursuant to Section 2.04(e), all or a portion of the Company Equity Award Consideration payable to all or a portion of the Employee Holders shall be paid pursuant to this Section 2.03.
At or prior to the Effective Time, Parent shall deposit with, or otherwise make available to, the Exchange Agent the Merger Consideration to be paid in respect of the Certificates and the Uncertificated Shares (other than the Company Restricted Stock) and the Company Equity Award Consideration in respect of the Non-Employee Holders (and, if determined by Parent pursuant to Section 2.04(d), all or a portion of the Company Equity Award Consideration to all or a portion of the Employee Holders).
Any claims for reimbursement will be made in accordance with the procedures set forth in this Section 7.3. The Members agree that Activision shall not seek reimbursement for such Shortfall Amount from the Employee Holders.
The total number of B Class Shares held by Eligible Persons and Employee Holders at any time must not exceed five percent (5%) of the total issued B Class Shares.
Each of the Members and Employee Holders will execute and deliver to Activision at or prior to the Closing an investment letter to that effect, the form of which is attached as Exhibit A-1 to this Agreement.