Examples of FON Stock in a sentence
Upon any Transfer of shares of Series 2 PCS Stock or Series 2 FON Stock, as the case may be (other than a Transfer to a Cable Holder) each such share so Transferred shall automatically convert (without the payment of any consideration) into one duly issued, fully paid and nonassessable share of Series 1 PCS Stock or Series 1 FON Stock, respectively, as of the date of such Transfer.
Each RSU represents the unsecured right to require Sprint to deliver to Executive one share of FON Stock.
After the Performance Adjustment is made, if cash dividends are paid on the underlying FON Stock, Executive will receive cash dividends for RSUs held on the dividend record date as provided in Section 9(c) of the Program.
If Executive remains an employee of Sprint throughout 2005, cash dividends on the FON Stock underlying these RSUs during 2005 will be paid to Executive as soon as practicable after the Performance Adjustment.
The holders of the shares of the Sixth Series shall be entitled to exercise such voting rights with the holders of Series 1 FON Stock, without distinction as to class, at any annual or special meeting of stockholders for the election of directors and on any other matter submitted to a vote of the stockholders of the Corporation at such meeting.
The number of shares of Common Stock that may be issued upon exercise of Incentive Stock Options granted pursuant to this Plan after April 15, 1997, may not exceed 8,000,000 shares of FON Stock or 4,000,000 shares of PCS Stock.
The Option is governed by, and this Agreement hereby incorporates, the Standard Terms of Options set forth in Section 6(g) of the Program except (i) as provided in Section 4 below, and (ii) that the strike price of $ was set at 110% of the Fair Market Value of one Share of FON Stock on the Grant Date.
Sprint hereby grants to Executive under the Program options to buy shares of FON Stock at a strike price of $ per share (the “Option”).
The Option is governed by, and this Agreement hereby incorporates, the Standard Terms of Options set forth in Section 6(g) of the Program except (i) as provided in Section 4 below, and (ii) that the strike price of $26.7465 was set at 110% of the Fair Market Value of one Share of FON Stock on the Grant Date.
The holders of the shares of the Sixth Series shall be entitled to exercise such voting rights with the holders of Sprint Common Stock prior to the Recapitalization and Series 1 FON Stock after the Recapitalization, without distinction as to class, at any annual or special meeting of stockholders for the election of directors and on any other matter submitted to a vote of the stockholders of the Corporation at such meeting.