Promote Equity definition

Promote Equity as used in this Agreement shall include all shares of Common Stock of the Company purchased by the Purchaser pursuant to this Agreement and issued to the Purchaser by the Company upon exercise of the Options and of any other stock options held by the Purchaser.
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Examples of Promote Equity in a sentence

  • In the event that the Company exercises its right to repurchase shares of the Stock pursuant to this Section 6, the Company shall also pay the Purchaser an amount equal to the Option Excess Price determined on the basis of the Section 6(a) Repurchase Price, the Section 6(b) Repurchase Price or the Section 5 Repurchase Price, as the case may be, as applicable to Promote Equity, as provided in Section 8, with respect to the termination of outstanding Options held by the Purchaser.

  • The terms "Stock" and "Promote Equity" as used in this Agreement shall include all shares of Common Stock of the Company purchased by the Purchaser pursuant to this Agreement and issued to the Purchaser by the Company upon exercise of the Options and of any other stock options held by the Purchaser.

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