Examples of Final Merger Consideration Allocation Schedule in a sentence
Promptly after the Effective Time, issue, as Transfer Agent for the Purchaser Common Stock, upon surrender of Certificate(s) and properly executed Letters of Transmittal, 5,600,000 shares of Purchaser Common Stock to the Stockholders, in accordance with the Final Merger Consideration Allocation Schedule; provided that no fractional shares of capital stock will be issued, in lieu of which cash payments will be made as set forth in Section 3.8 below.
The balance of the Holdback Fund will be paid and automatically released by the Escrow and Exchange Agent upon the date that is 12 months after the Closing Date (the “Holdback Release Date”) pursuant to, and in accordance with, this Agreement and the Escrow Agreement, to the Securityholders (to be distributed in accordance with the Final Merger Consideration Allocation Schedule).
After the Class L Per Share Preference Amount has been paid in full, the Stockholders holding Outstanding Company Shares will be entitled to receive a portion of the aggregate Net Merger Consideration as described in clause (ii) below and as set forth on the Final Merger Consideration Allocation Schedule.