Existing Stock definition

Existing Stock shall have the meaning set forth in Section 5.5(b).

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Existing Stock means the issued and outstanding common stock of VIVUS as of the Existing Stock Record Date.

Existing Stock means, collectively, the Existing Common Stock and the Existing Preferred Stock.

Examples of Existing Stock in a sentence

• To the extent that amounts are so withheld, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of such Existing Stock Option.

• Section 4.02(a) of the Disclosure Letter contains a true, accurate and complete list, as of the date hereof, of the name of each Existing Stock Option holder, the number of outstanding Existing Stock Options held by such holder, the grant date of each such Existing Stock Option, the number of Shares such holder is entitled to receive upon the exercise of each Existing Stock Option and the corresponding exercise price.

• In consideration of the grant of awards hereunder, all Existing Stock Options granted by the Company to the Grantee under the Existing Agreements are hereby canceled and terminated and shall be null and void without any further action by the Grantee or the Company.

• Until Executive elects to cancel his Existing Option (if he elects to do so at all), such Existing Option shall continue to be governed by the terms of the applicable plan and stock option agreement under which the Existing Option was awarded to Executive (collectively, the "Existing Stock Option Agreement").

• Parent, Purchaser and the Surviving Corporation shall be entitled to deduct and withhold from the consideration otherwise payable to a holder of Shares or Existing Stock Options pursuant to the Offer or the Merger any stock transfer taxes and such amounts as are required to be withheld under the Internal Revenue Code of 1986, as amended (the "CODE"), or any applicable provision of state, local or foreign tax law.

More Definitions of Existing Stock

Existing Stock means shares of stock of the Debtor that are authorized, issued and outstanding prior to the Effective Date.

Existing Stock shall have the meaning ascribed to that term in Section 4.4 hereof.

Existing Stock shall have the meaning set forth in Section 2(a) hereof.

Existing Stock means all stocks of signs, letterheads, labels, office forms, packaging, invoice stock, advertisements and promotional materials, inventory and other documents and materials, and all internet and other electronic content and communications, in each case, existing on the Closing Date.

Existing Stock means the 10,000 shares of stock of Tronox held, on the date hereof, by Worldwide.

Existing Stock has the meaning set forth in Section 4.29(a).

Existing Stock is defined in Section 5.17(b).