Examples of PracticeWorks Common Stock in a sentence
PracticeWorks Transfer Employees who hold outstanding InfoCure Stock Options at the Distribution Date (such employees are referred to hereinafter as "Stock Option Employees") may surrender for cancellation their outstanding fully vested InfoCure Stock Options, if any, in exchange for options to purchase shares of PracticeWorks Common Stock ("PracticeWorks Stock Options").
The number of shares subject to each PracticeWorks Stock Option will be determined by multiplying the number of shares of InfoCure Common Stock subject to the related InfoCure Stock Option by the PracticeWorks conversion factor (as defined below) and the price for the shares of PracticeWorks Common Stock subject to each PracticeWorks Stock Option will be determined by dividing the price of each related InfoCure Stock Option by the PracticeWorks conversion factor.
Cash will be given to holders of fractional shares of InfoCure Common Stock at the time of the Distribution in lieu of any fractional shares of PracticeWorks Common Stock.
The PracticeWorks conversion factor is a number equal to (a) the closing price of a share of InfoCure Common Stock on the Nasdaq National Market on the Record Date, divided by (b) the opening price of a share of PracticeWorks Common Stock on the Nasdaq National Market on the next trading day following the Distribution Date.
If following the Distribution a holder of PracticeWorks Common Stock requests physical certificates instead of participating in the book entry system, the Agent will issue certificates for such shares, but only for whole numbers of PracticeWorks Common Stock.
InfoCure shall instruct the Agent to deliver the PracticeWorks Common Stock previously delivered to the Agent pursuant to Section 2.1(d)(i) to a depositary and to mail to each holder of record of InfoCure Common Stock on the Distribution Record Date a statement of the whole number of shares of PracticeWorks Common Stock credited to such holder's account.
Each share of PracticeWorks Common Stock delivered by PracticeWorks to ISI shall be validly issued, fully paid and nonassessable and free of any preemptive (or similar) rights.
Any indemnification payment made by a PracticeWorks Indemnifying Party may be made, at the option of the PracticeWorks Indemnifying Party, in cash or by the delivery to Ceramco of PracticeWorks Common Stock having a value equal to the amount of the PracticeWorks Indemnifiable Damages, such value to be measured by the Original Purchase Price per share.
InfoCure shall instruct the Agent to deliver the PracticeWorks Common Stock previously delivered to the Agent pursuant to Section 2.1(e)(i) to a depositary and to mail to each holder of record of InfoCure Common Stock on the Distribution Record Date, physical certificates representing the whole number of shares of PracticeWorks Common Stock credited to such holder's account.
The PracticeWorks conversion factor is a number equal to (a) the closing price of a share of InfoCure Common Stock on the Nasdaq National Market on the Distribution Date, divided by (b) the opening price of a share of PracticeWorks Common Stock on the Nasdaq National Market on the next trading day following the Distribution Date.