Net Settled Stock definition
Net Settled Stock shall have the meaning set forth in Section 5(a)(ii) hereof.
Examples of Net Settled Stock in a sentence
Notwithstanding the foregoing, with respect to Net Settled Stock, the Company shall have a period of sixty (60) days following the five month anniversary of the receipt by the Management Stockholder Entities of the Net Settled Stock to give the Repurchase Notice.
Notwithstanding anything to the contrary in this Agreement, the Management Stockholder Entities may sell or otherwise dispose of all or any portion of the Net Settled Stock other than to the Company.
The completion of the exchanges of the Options for the Net Settled Stock shall take place at the principal office of the Company on the tenth business day after the giving of the applicable Option Exercise Notice.