Examples of PDD in a sentence
You do not have to vote, or take any other action, in order to receive PDD shares.
Upon the Effective Date, PDD assigns, and the Company assumes, all rights, duties and obligations under the Employment Agreement.
The Executive hereby agrees and acknowledges that as of the Effective Date, his or her employment with PDD will be effectively terminated, and the Executive shall become an officer and an employee of the Company, with the duties and responsibilities as set forth in the June 1, 2006 Employment Agreement, and as determined from time to time by the Board of Directors of the Company.
A: Pharmacopeia believes that a tax-free distribution of shares of PDD to Pharmacopeia stockholders, or spin-off, offers Pharmacopeia and its stockholders the greatest long-term value and is the quickest and most tax-efficient way to separate the companies.
A: No. Pharmacopeia will not own any shares of PDD common stock after the distribution, and PDD will not own any shares of Pharmacopeia common stock after the distribution.