Examples of Per Share Contingent Consideration in a sentence
On (and prior to the close of business on) December 28, 2011, Parent shall pay for the benefit of each of the Designated Equity Holders the Per Share Contingent Consideration (if any) by wire transfer of immediately available funds to an account designated in writing by the Shareholders’ Representative no later than two Business Days prior to such date.
No Per Share Contingent Consideration, Option Contingent Consideration or proceeds in respect of the Indemnity Escrow Fund or any Milestone Payments shall be paid pursuant to this Agreement or the Escrow Agreement to any Equityholder who has not surrendered his, her or its Company Certificates in accordance with Section 3.1(c) or has not delivered an Optionholder Letter in accordance with Section 3.1(d).
For the avoidance of doubt, a separate Election may be made by each Stockholder (other than Unaccredited Unaffiliated Stockholders and PSS Parties) with respect to the Per Share Closing Consideration and the Per Share Contingent Consideration and the Election made with respect to Per Share Contingent Consideration may be changed in accordance with such Stockholder’s FDA Milestone CVR Agreement and/or Sales Milestone CVR Agreement.
Claims by Parent Indemnitees for Losses shall be satisfied (i) first, as decreases to the Contingent Amount and (ii) second, after the Contingent Amount has been reduced to $0 (or after the Per Share Contingent Consideration has been paid pursuant to Section 3.2(b)) and solely with respect to Excess Losses, against the Designated Equity Holders directly in accordance with this Section 10.1(c).
The Per Share Contingent Consideration, if applicable, shall be paid to the Company Shareholders as set forth in Exhibit C.