Examples of Legacy Proterra in a sentence
In addition, as of the Closing, there were 24.9 million warrants issued and outstanding, including 13.9 million public warrants, 7.6 million private placement warrants, and 3.5 million Legacy Proterra warrants.
The Proterra Warrant Shares have been duly authorized and, when issued and delivered upon exercise of the applicable Legacy Proterra warrants in the manner and for the consideration stated in the applicable Legacy Proterra warrants, will be validly issued, fully paid and non-assessable.
CMS “expect[s] states to implement their [BSSs] so that they are easily accessible, well publicized, and that they fully educate potential enrollees and enrollees on their enrollment and disenrollment opportunities and limitations.” Managed Care Rule, supra note 1, at 27617.
Accordingly, for accounting purposes, this merger transaction is treated as the equivalent of Legacy Proterra issuing equity for the net assets of ArcLight, accompanied by a recapitalization.
Director CompensationPrior to June 2021, neither we nor Legacy Proterra had any formal arrangements under which non- employee directors received compensation for their service on our Board or its committees.Immediately following the closing of the Business Combination in June 2021, our Board approved a new director compensation policy for our independent directors.
The Legacy Proterra Holder Shares have been duly authorized and are validly issued, fully paid and non-assessable.
Earnout StockIn connection with the Business Combination, the Merger Agreement provided that certain individuals, including some of our named executive officers and directors, who held vested Legacy Proterra stock options immediately prior to the closing of the Business Combination would receive shares of our common stock if and when certain share price milestones were met in the future.
We will review director compensation periodically to ensure that director compensation remains competitive and consistent with standards of good governance so that we are able to responsibly recruit and retain qualified directors.On November 29, 2021, our independent directors, other than Ms. Robinson-Berry, received annual equity awards of RSUs with a value equal to $100,897 for their work throughout the year as Legacy Proterra consummated the Business Combination.
The arsenal of measures has been streamlined and further developed.But in the Government’s opinion, strengthening early support, for example, in the form of education and work experience places, is justified for people who become unemployed and whom the Public Employment Service judges to be at considerable risk of long-term unemployment.
Before joining Legacy Proterra, Ms. Covington was Senior Vice President, General Counsel, and Corporate Secretary at Rocket Fuel Inc., a technology company that used artificial intelligence and big data systems to deliver digital advertising services, from March 2015 to April 2017.