Initial Stock Consideration definition

Initial Stock Consideration shall have the meaning set forth in Section 2.3(a) hereof.

Initial Stock Consideration means 17,877,785 shares of Parent Common Stock.

Initial Stock Consideration means 8,361,308 newly issued shares of Buyer Common Stock.

Examples of Initial Stock Consideration in a sentence

• Parent may instruct its transfer agent to stop the transfer of any shares of Parent Common Stock issued as part of the Initial Stock Consideration or as part of the Third Future Payment, if any, to provide for compliance with the provisions of this paragraph.

• No Applicable Law or Legal Restraint shall be in effect preventing the sale of any portion of the Equity Interests, the issuance of any of the Initial Stock Consideration or the execution, delivery or performance of the Stockholders Agreement, the Employment Agreement, the Escrow Agreement or the Section 338 Escrow Agreement.

• At the Closing, (a) Buyer shall issue to Seller the Initial Stock Consideration, rounded to the nearest whole share, and(b) Buyer shall pay by wire transfer of immediately available funds to Seller the Initial Cash Payment.

• The Adjustment Holdback Amount shall be deducted and held back from the Lock-up Initial Stock Consideration, and the Adjustment Holdback Amount shall be allocated among the applicable Effective Time Holders based on the Holdback Percentage.

• The Indemnity Holdback Amount shall be deducted and held back from the Lock-up Initial Stock Consideration, and the Indemnity Holdback Amount shall be allocated among the applicable Indemnitors based on each Indemnitor’s Holdback Percentage.

More Definitions of Initial Stock Consideration

Initial Stock Consideration has the meaning set forth in Section 5.1(a)(i).

Initial Stock Consideration means 971,343 (nine hundred seventy-one thousand three hundred forty-three) shares of Purchaser Common Stock.

Initial Stock Consideration means 6,250,000 shares of Buyer Common Stock, subject to proportionate adjustment in the event of a stock split, stock dividend, recapitalization or similar event prior to Closing.

Initial Stock Consideration means (i)a number of shares of Series AA Stock equal to the product obtained by multiplying the number of Stock Election Shares by the Per-Share Stock Consideration, (ii)less the Escrowed Shares.

Initial Stock Consideration shall have the meaning specified in the Purchase Agreement.

Initial Stock Consideration as defined in Section 2.3(b).

Initial Stock Consideration means a number of validly issued, fully paid and non-assessable shares of Buyer Stock, equal to the quotient of $5,000,000 divided by the 30- Day VWAP (as measured as of the Closing Date).