Examples of Merger Consideration Schedule in a sentence
Stockholder Representative shall ensure that the Merger Consideration Schedule shall be prepared in accordance with, and that payment of the Class B Redemption Consideration and Merger Consideration shall comply in all respects with, the Company Certificate of Incorporation, the Company Stockholder Agreements, or any other Contract between any Company Group Member and any Stockholder.
The Holdback Amount will be held and released in accordance with the terms of this Agreement, and such portion thereof which is payable to the Stockholders shall be distributed to the Stockholders as set forth in the Merger Consideration Schedule.
To the extent the Post-Closing Adjustment Amount is payable to Parent but is less than $500,000, then shares of Parent Stock equal to (A) the difference between $500,000 and the Post-Closing Adjustment Amount divided by (B) $25.00, shall be released from the Holdback Shares and distributed by the Escrow Agent to the holders of Company Stock as set forth on the Merger Consideration Schedule.
The Merger Consideration Schedule delivered at the time of the execution of this Agreement calculates the Closing Merger Consideration allocable to the holders of the Company Stock on the basis that such conversion has occurred.
If any Escrow Shares remain in the Escrow Account after transfer to Parent of the shares of Parent Class A Stock sufficient to satisfy in full of the obligation to issue Additional Shares to the PIPE Investors pursuant to this Section 2.14(b)(i), such remaining Escrow Shares shall be distributed to the Company Stockholders in accordance with each Company Stockholders’ Escrow Pro Rata Shares as set forth on an updated Merger Consideration Schedule prepared and delivered by Parent to the Escrow Agent.