Examples of Pubco Shares in a sentence
Employees in furlough status at the Illinois School for the Deaf and Illinois School for the Visually Impaired shall retain health, dental, and vision coverage during scheduled summer breaks with the Employer paying the full premium, single or family plan as appropriate.
Pubco covenants that all Pubco Shares issued upon such a redemption or exchange will, upon issuance, be validly issued, fully paid and non-assessable.
If a Member has not exchanged such units on or prior to the Termination Date, the units will be deemed to have been transferred and surrendered to the Company [or Transfer Agent] for exchange into Pubco Shares [at the close of business] on the Termination Date without further action from the Member.
Class A Voting Units are not subject to exchange into Pubco Shares.
After giving the effect to the Split, Class B Nonvoting Units shall have the right to exchange ("Exchange Rights") his/her or its Class B Nonvoting Units for Pubco Shares at an exchange rate of (1) Class B Nonvoting Unit for one (1) Pubco Share as more fully set forth in Article VII of this Agreement entitled Exchange Rights.