Initial Share Number definition
Examples of Initial Share Number in a sentence
The Initial Share Number, Additional Shares and Warrant Shares shall be referred to collectively herein as the "Shares".
Three percent (3.0%) of the Initial Share Number will also be reserved for future grants so that the Plan will cover a number of shares of Common Stock equal to fifteen percent (15.0%) of the Initial Share Number.
At the Closing, the Company shall deliver to Purchasers certificates representing the Initial Share Number, which shall be fully paid and nonassessable upon issuance.
The APSLP Initial Share Number shall be appropriately adjusted to take into account any adjustment to the Merger Consideration pursuant to Section 2.13 and any reorganization, stock reclassification, recapitalization or split, exchange of shares or similar transaction.
Number of Shares to be Delivered: For each Transaction, a number of Shares equal to (i)(a) the Prepayment Amount, divided by (b) the Valuation Amount minus (ii) the Initial Share Number.