Release Shares definition

Release Shares means each of the 280,000 BCGU Shares, the 1,100,000 Fourth Third Shares and, if and when issued, the 1,000,000 Kxxxxx Shares.
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Release Shares means 2,117,647 shares of Common Stock.
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Release Shares as defined in subsection 1. 1. 3 (a) , above. The personal property shall mean the agreement defined in Schedule 1. 1. 3 (c) attached hereto, together with pre-loaded software, if any, all of which shall be in normal operating condition, normal wear and tear excepted. John xxxll execute all documents reasonably requested by the Company to transfer or assign all of his right, title and interest in the personal property to the Company, including without limitation, assignment of all applicable software licenses.
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Examples of Release Shares in a sentence

  • At the initial Closing (the “Initial Closing”), the Company shall issue the Release Shares to the Investor, and the releases and other provisions set forth in Section 9 of this Agreement shall become irrevocably effective and binding.

  • With respect to the shares held by any signatory of the Lock-Up Agreement that are not Early Release Shares, the Lock-Up Period shall terminate upon the earlier of (i) 365 days after the closing date of the Merger or (ii) the closing of a sale, merger, liquidation, or exchange offer transaction after the closing date of the Merger.


More Definitions of Release Shares

Release Shares means 2,117,647 shares of Common Stock. “Rights Period” shall mean the period between the Final Closing and the earliest to occur of (i) the first date that the Investor Shares constitute no more than ten (10) percent of the Company’s outstanding Common Stock (on a fully diluted basis assuming exercise or conversion of all options, warrants, conversion rights and other rights exercisable for or convertible into Common Stock), (ii) the first date after January 1, 2010 that the market price of the Common Stock has exceeded $4.50 (adjusted for stock splits, consolidations and similar transactions) for 60 consecutive trading days, and (iii) the closing of the sale of substantially all of the assets of the Company, a merger involving the Company in which the shareholders of the Company prior to the transaction own less than 50% of the surviving entity or a similar change of control transaction. “SEC Filings” has the meaning set forth in Section 4.6. “Shareholder Rights Plan Agreement” means the Amended and Restated Shareholder Rights Plan Agreement dated October 15, 1999 between the Company and Equity Transfer Services, as rights agent, as amended by Amendment No. 1 to Amended and Restated Shareholders Rights Plan Agreement dated September 30, 2008. “Shares” means the sum of the Purchase Shares and the Release Shares. “Subsidiary” means a Person of which the Company holds, directly or indirectly, more than 40% of the outstanding equity interests. “Transaction Documents” means this Agreement and the Amendment. “Transfer Agent” means Equity Transfer Services and Trust Company or the successor transfer agent of the Company. “1933 Act” means the Securities Act of 1933, as amended, or any successor statute, and the rules and regulations promulgated thereunder. “1934 Act” means the Securities Exchange Act of 1934, as amended, or any successor statute, and the rules and regulations promulgated thereunder. 2. Issuance of the Release Shares and Purchase and Sale of the Purchase Shares. Subject to the terms and conditions of this Agreement, on the Initial Closing Date the Company shall issue to the Investor the Release Shares, and on the Final Closing Date the Investor shall -5-
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Related to Release Shares

  • Purchase Shares has the meaning set forth in Section 2.5(c).

  • Consideration Shares shall have the meaning set forth in Section 2.7(c).

  • Released Securities means Shares of Restricted Stock with respect to which all applicable restrictions have expired, lapsed, or been waived.

  • Founders’ Shares means 1,000 shares with a par value of $1 per share, 500 of which were issued to MACRO Securities Depositor, LLC and 500 of which were issued to Claymore Securities, Inc., in exchange for the Initial Deposit.

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • Escrowed Shares has the meaning set forth in Section 2.4.

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Put Shares means shares of Common Stock that are purchased by the Investor pursuant to a Put.

  • Sold Shares shall have the meaning specified in Section 6.

  • Exchange Shares has the meaning set forth in Section 2.01(b).

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.

  • Forward Purchase Shares shall have the meaning given in the Recitals hereto.

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

  • Acquisition Shares means the shares of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Stockholder Shares means the shares of common stock of the Company issued to Stockholder in accordance with the terms and conditions of the Reorganization Agreement, including such shares of common stock of the Company transferred from Stockholder to The Cendant Charitable Foundation, and any securities of the Company issued as a dividend on or other distribution with respect to, or in exchange for or replacement of, such common stock.

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

  • Conversion Shares means, collectively, the shares of Common Stock issuable upon conversion of the shares of Preferred Stock in accordance with the terms hereof.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • notice shares means, in relation to a notice of dissent, the shares in respect of which dissent is being exercised under the notice of dissent;

  • Commitment Shares shall have the meaning set forth in Section 12.04.

  • Settlement Shares With respect to any Settlement Date, a number of Shares, not to exceed the Base Amount, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date.

  • Convertible Debentures means the 10½% Convertible Subordinated Debentures due 2007 of the Company.