Examples of Optionholder Consideration in a sentence
The "Acquiror Stock Subject to Target Options" shall equal the quotient obtained by dividing the Initial Target Optionholder Consideration plus the Additional Optionholder Consideration (as defined and calculated in Annex A), if any, by the Closing Price for the Acquiror Common Stock.
The Optionholder Consideration Schedule when delivered as part of the Pre-Closing Statement will be correct and complete.
The Optionholder Payment Amounts and the Option Consideration set forth in the Optionholder Consideration Schedule have been determined in accordance with the terms of each Option and the Truco Holdco Inc.
The Optionholder Consideration shall be payable without interest thereon and shall be subject to any applicable withholding of Taxes and all adjustments made in accordance with the terms of the Merger Agreement, including any positive or negative adjustments for purposes of the working capital adjustment, other adjustments or indemnification claims.
The Optionholder further acknowledges that the Optionholder Consideration is subject to certain adjustments more specifically described in Section 1.4 to the Merger Agreement.
Other than with respect to Optionholder Consideration or Transaction Payments, the Company, Equityholder Representative, Paying Agent, or Escrow Agent will use commercially reasonable efforts to provide notice of any expected deduction or withholding to the Person receiving the payment five (5) Business Days prior to the time the deduction or withholding is required, and will reasonably cooperate with such Person to reduce or eliminate any such deduction or withholding.
Each Option held by the Optionholder shall be deemed at any time after the date the Optionholder executes and delivers this Agreement to the Company to represent for all purposes only the right to receive the Optionholder Consideration as provided in this Section 2.
As a condition precedent to the Optionholder’s right to receive the Optionholder Consideration, the Optionholder hereby irrevocably waives all requirements under the Company Options, the Option Agreement(s), the Company Option Plan or any other separate agreement applicable to such Company Options.
Part 2.3(a) of the Disclosure Schedule also lists each holder of a Company Option entitled to receive any portion of the Adjusted Optionholder Consideration, together with the relevant shares subject to such Company Option, the exercise price for such shares, and the portion of the Adjusted Optionholder Consideration to be received by such holder pursuant to Section 1.5(c)(ii) above.
At the Closing, Parent shall make available to the Exchange Agent for exchange in accordance with this Article I, (i) the aggregate amount of Minority Stockholder Consideration payable pursuant to Section 1.3 in exchange for outstanding shares of Company Capital Stock held by the Minority Stockholders and (ii) the aggregate amount of Optionholder Consideration payable pursuant to Section 1.2 in connection with the Option Cancellation Agreement.