Examples of Omnibus Incentive Plan Proposal in a sentence
Notwithstanding the approval of the Omnibus Incentive Plan Proposal, if the merger is not consummated for any reason, the actions contemplated by the Omnibus Incentive Plan Proposal will not be effected.
The merger is conditioned upon the approval of the Omnibus Incentive Plan Proposal, subject to the terms of the merger agreement.
Abstentions are considered present for the purposes of establishing a quorum and will have no effect on the Omnibus Incentive Plan Proposal.
In the absence of receipt of proxies representing a sufficient number of shares of Osprey common stock to approve the Business Combination Proposal, the Amendment Proposals, the Director Election Proposal, the NYSE Proposal, the Omnibus Incentive Plan Proposal and the ESPP Proposal, the chairman of the Osprey Special Meeting has power to adjourn the Osprey Special Meeting.
If the Business Combination Proposal is not approved, the Omnibus Incentive Plan Proposal will not be presented at the Special Meeting.
The approval of FTAC Stockholder Matters, other than the Omnibus Incentive Plan Proposal, shall have been obtained.
The chairman of the Osprey Special Meeting has the power to adjourn the Osprey Special Meeting only in the absence of receipt of proxies representing a sufficient number of shares of Osprey common stock to approve the Business Combination Proposal, the Amendment Proposals, the Director Election Proposal, the NYSE Proposal, the Omnibus Incentive Plan Proposal and the ESPP Proposal.
Abstentions and Broker Non-Votes Abstentions by holders of Class A Common Stock and broker non-votes on behalf of holders of Class A Common Stock are considered present for the purposes of establishing a quorum and will have no effect on: the Business Combination Proposal; the Charter Proposals; the Stock Issuance Proposal; the Omnibus Incentive Plan Proposal; or the Adjournment Proposal.
Prior to the Closing Date, the Company shall, subject to obtaining the approval of the stockholders of FTAC for the Omnibus Incentive Plan Proposal, adopt, the Paysafe Limited 2021 Omnibus Incentive Plan (the “Omnibus Incentive Plan”) in the form attached hereto as Exhibit H.
The Software Acquisition Group board of directors has unanimously approved the merger agreement and the transactions contemplated thereby and recommends that you vote “FOR” the Business Combination Proposal, “FOR” the Charter Proposals, “FOR” the Stock Issuance Proposal, “FOR” the Omnibus Incentive Plan Proposal and “FOR” the Adjournment Proposal (if necessary).