Final Shares definition
Examples of Final Shares in a sentence
The Company has further informed the Depositary that it is expected that newly issued Shares which may be deposited by the Company from time to time and which are not listed for trading on the TSE at the time of such deposit will be listed on the TSE for trading and will be fully de-materialised, thereby becoming Final Shares, no later than five (5) business days after any such deposit.
If the Company or an Affiliate of the Company terminates the Recipient’s employment as a result of long-term disability (within the meaning of Section 409A of the Code) at any time during the Designated Period or before the Determination Date, the PRSUs granted hereunder will vest immediately and Recipient shall be entitled to receive Shares equal to the number of Target Shares granted to the Recipient pursuant to this Award in lieu of any claim to the Final Shares (if any).
If the Recipient dies at any time during the Designated Period or before the Determination Date, the PRSUs granted hereunder will vest immediately and the person or persons to whom the Recipient’s rights shall pass by will or the laws of descent and distribution shall be entitled to receive Shares equal to the number of Target Shares granted to the Recipient pursuant to this Award in lieu of any claim to the Final Shares (if any).
The Company has further informed the Depositary that it is expected that newly issued Shares which may be deposited by the Company from time to time and which are not listed for trading on the TWSE at the time of such deposit will be listed on the TWSE for trading and will be fully de-materialised, thereby becoming Final Shares, no later than the fourth ROC business day after the date that the ADSs are issued.
The parties agree that at any time after the Effective Date, Consultant shall have the right to sell 40% of such Initial Shares and Final Shares.
PacifiCare has on hand, or will have arranged at or prior to each of the Initial Closing, each Subsequent Closing and the Final Closing, sufficient funds to enable it to pay the Purchase Price for the Initial Shares, Subsequent Shares or Final Shares, as applicable, and to otherwise consummate the Transaction.
The Company agrees to deliver to the Custodian written confirmation of the number of Final Shares deposited with the Custodian under this Deposit Agreement promptly upon the full de-materialization of Shares and the receipt of confirmation of listing from the Indian Stock Exchanges of such Shares.
If the Grantee dies at any time during the Designated Period, then the Grantee shall be entitled to receive Shares equal to the number of Target Shares granted to him pursuant to this Award in lieu of any claim to the Final Shares (if any).
Subject to the terms and conditions of this Agreement, at the Final Closing, PacifiCare shall purchase from UniHealth, and UniHealth shall sell to PacifiCare, the Final Shares at a price per share equal to the Purchase Price.
After the end of the month in which such sale takes place, Consultant covenants and agrees that he shall not sell more than 15,000 of the Initial Shares and/or Final Shares during each subsequent calendar month, on a cumulative basis, until all Initial Shares and/or Final Shares have been sold.