Examples of Holdings Class B Common Stock in a sentence
From and after the Merger Effective Time, subject to Section 4, if any Member acquires record or Beneficial Ownership of shares of any Holdings Class B Common Stock (including pursuant to the exercise, conversion or exchange of any Convertible Security), such Member shall promptly notify Holdings and DIRECTV of the number of shares so acquired, and such shares shall become Member Shares for purposes of this Agreement.
Without limiting the foregoing, in the event of any stock split, stock dividend or other change in the capital structure of Holdings affecting the Holdings Class B Common Stock, the number of shares of Holdings Class B Common Stock constituting Member Shares shall be adjusted appropriately, and this Agreement and the obligations hereunder shall be deemed amended and shall attach to any additional shares of Holdings Class B Common Stock.
If any Member otherwise would be entitled to receive a fractional share of Holdings Class B Common Stock, such Member will instead receive cash in an amount equal to the product of the applicable fraction of a share multiplied by the closing sales price of the DIRECTV Common Stock on The NASDAQ Global Select Market on the Closing Date.
Subject to the approval of Holdings’ Board of Directors, the Employee will be granted an option (the “Option”) to purchase up to 150,000 shares of Holdings Class B Common Stock (the “Option Shares”) at an exercise price of $4.20 per share (the “Exercise Price”).
Xxxxxx Holdings Class A Shares") and upon completion of the Exchange is expected to Beneficially Own 681,882 shares of Holdings Class B Common Stock (the "Xxx.
As at the Effective Date of this Agreement, an aggregate of 10,169,746 shares of Holdings Class A Common Stock are issued and outstanding, and no shares of Holdings Class B Common Stock have been issued.
For the purpose of computing sick leave, each employee shall be considered to work not more than five (5) days each week.
The undersigned hereby acknowledges that the Exchange of Company Units shall include the automatic cancellation of an equal number of outstanding shares of Holdings Class B Common Stock beneficially owned by the undersigned.
Subject to the approval of Holdings’ Board of Directors, the Employee will be granted an option (the “Option”) to purchase up to 289,630 shares of Holdings Class B Common Stock (the “Option Shares”) at an exercise price of $2.18 per share (the “Exercise Price”).
In medium and large en- terprises, most of the business faced challenges in human resources recording in the 4 to 6 range, while only 7.9% ex- perienced no challenges whatsoever.