Incentive Award Holders definition
Examples of Incentive Award Holders in a sentence
For greater certainty, Incentive Award Holders shall not be entitled to exercise Dissent Rights in respect of their Incentive Awards.
The Arrangement will be carried out with the intention, and the Parties will use their respective commercially reasonable efforts to ensure, that all Consideration Shares issued to the Company Shareholders or Incentive Award Holders will be issued and exchanged by the Purchaser upon completion of the Arrangement in reliance on the exemption from the registration requirement of the U.S. Securities Act provided by section 3(a)(10) thereunder, and in compliance with all applicable U.S. Securities Laws.
On or prior to Closing, the Seller or its Affiliates shall have taken all necessary action to cause the Incentive Awards held by all Incentive Award Holders to be settled, satisfied or retired without resulting in any liability to any Company Entity.