Examples of Parent Assumed Options in a sentence
The Parent Assumed Options and Parent Assumed Warrants shall be duly issued and authorized when issued in accordance with this Agreement and any Parent Shares issued upon the exercise thereof according to their respective terms, as applicable, will be duly and validly issued, fully paid and non-assessable, free and clear of all Liens and shall not be subject to preemptive or similar rights of shareholders.
The Parent has, or will have prior to the Closing, sufficient reserved Parent Ordinary Shares in its authorized but unissued share capital to allow the issuance of the shares underlying the Parent Assumed Options.
All Parent Shares, Parent Assumed Options and Parent Assumed Warrants issued upon the surrender for exchange of Cellvine Stock Certificates, Cellvine Options or Cellvine Warrants in accordance with the terms of this Article III shall be deemed to have been issued (and paid) in full satisfaction of all rights pertaining to the Cellvine Shares, Cellvine Options or Cellvine Warrants previously represented by such Cellvine Stock Certificates, Cellvine Option agreements or Cellvine Warrant agreements.
If Parent shall be liable for indemnification under Section 9.2(a), Parent shall satisfy such indemnification by issuing additional Parent Shares on a pro rata basis to the holders of Kidville Securities, calculated on a pro rata basis based on the number of Parent Shares and Parent Assumed Options (calculated on a fully diluted basis) issued to each holder of Kidville Securities, as applicable.
During the Transition Period, the Parent Assumed Options will continue to vest according to the terms of the Holdback Agreement and your Assumed Option Agreement(s) and the Invoice2Go Plan (in each case, as modified by the Holdback Agreement, collectively, the “Option Agreements”), however, all vesting will cease as of your last day of employment.
If Parent shall be liable for indemnification under Section 9.2(a), Parent shall satisfy such indemnification by issuing additional Parent Shares on a pro rata basis to the holders of Cellvine Securities, calculated on a pro rata basis based on the number of Parent Shares, Parent Assumed Options and Parent Warrants (calculated on a fully diluted basis) issued to each holder of Cellvine Securities, as applicable.
There are no Takeover Protections that are or would become applicable to Parent as a result of Parent, Merger Sub or Cellvine fulfilling their obligations or exercising their rights under this Agreement, including, as a result of Parent’s issuance of the Parent Shares, Parent Assumed Options or Parent Warrants issuable pursuant to Article III or Parent’s issuance of any other warrant or option as specified in this Agreement.
There are no Takeover Protections that are or would become applicable to Parent as a result of Parent, Merger Sub or Ucansi fulfilling their obligations or exercising their rights under this Agreement, including, as a result of Parent’s issuance of the Parent Shares, Parent Assumed Options or Parent Assumed Warrants issuable pursuant to Article III or Parent’s issuance of any other warrant or option as specified in this Agreement.
If Parent shall be liable for indemnification under Section 9.2(a), Parent shall satisfy such indemnification by issuing additional Parent Shares on a pro rata basis to the holders of Ucansi Securities, calculated on a pro rata basis based on the number of Parent Shares, Parent Assumed Options and Parent Assumed Warrants (calculated on a fully diluted basis) that become issuable to the holders of Ucansi Securities at the Effective Time, as applicable.
There are no Takeover Protections that are or would become applicable to Parent as a result of Parent, Merger Sub I, Merger Sub II, Neovasc or B-Balloon fulfilling their obligations or exercising their rights under this Agreement, including, without limitation, as a result of Parent’s issuance of the Parent Shares, Parent Assumed Options or Parent Warrants issuable pursuant to Section 3 or any other warrant or option as specified in this Agreement.