Examples of Five Year Warrants in a sentence
Termination by the Companies of your employment for "Cause" shall mean termination upon (a) gross neglect or willful and continuing refusal by you to substantially perform your duties in at least substantially the same manner as performed prior to the Change in Control (other than due to Disability); or (b) conviction or plea of nolo contendre to a felony or a misdemeanor involving moral turpitude.
Concurrent with the execution of this Agreement, Company shall grant to the Consultant two common stock warrants (the “Warrants”) entitling the Consultant to purchase up to (i) 750,000 shares of common stock of Company at $1.50 per share until June 13, 2015 ("Five Year Warrants") and (ii) 250,000 shares of common stock of Company at $1.50 per share until June 13, 2013.
The holding period of such stockholder for long-term capital gains purposes in the Viacom Class B Common Stock, the CVRs, the Viacom Three Year Warrants and the Viacom Five Year Warrants received could depend, in part, on the characterization of the CVRs for Federal income tax purposes.
A stockholder of the Company who exchanges shares in the Merger will include the fair market value of the Viacom Class B Common Stock, the Viacom Merger Debentures, the CVRs, the Viacom Three Year Warrants and the Viacom Five Year Warrants received in the amount realized by such stockholder for purposes of computing the amount of capital gain or loss recognized by such stockholder.
A stockholder of the Company who exchanges Shares for cash in the Offer or for Viacom Class B Common Stock, Viacom Merger Debentures, CVRs, Viacom Three Year Warrants and Viacom Five Year Warrants in the Merger will recognize capital gain or loss for Federal income tax purposes.
Further, to the extent required in the opinion of legal counsel for the Holding Company, the Holding Company shall have complied with all applicable state securities laws relating to all of such issuances of Holding Company Common Stock and Holding Company Preferred Stock, the Five- Year Warrants and the Seven-Year Warrants.
The conversion price of such Debentures and the exercise price of such Five Year Warrants shall be identical to those of the Debentures and Five Year Warrants purchased pursuant to Section 1.1 of this Agreement.
The (i) Rights Shares to be issued to the Kluge Trust pursuant to the Rights Offering, (ii) shares of New Common Stock to be issued to the Kluge Trust, and (iii) Five Year Warrants and Seven Year Warrants granted to the Kluge Trust, and the shares of New Common Stock to be issued pursuant thereto, will be exempt from registration pursuant to Section 4(2) of the Securities Act and equivalent state securities or “blue sky” laws.
This Agreement, Five Year Warrants, Ten Year Warrants, and the guaranty of Immucor/US have been duly and validly executed and delivered by Immucor/US and constitute Immucor/US's legal, valid and binding obligation, enforceable in accordance with their terms.
On or as soon as reasonably practicable after the Effective Date, except as otherwise provided in the Plan, Reorganized MFN shall issue the New Common Stock, the Five Year Warrants and the Seven Year Warrants that it is required to distribute to holders of Claims in accordance with and as provided in the Plan and conduct the Rights Offering that it is required to conduct in accordance with and as provided in the Plan.