Examples of Representative Fund Amount in a sentence
In lieu of any fractional shares, the fractional amount of Parent Common Stock which any Indemnifying Stockholder would otherwise be entitled to receive shall be retained in the Escrow Amount or the Representative Fund Amount, as the case may be.
No fraction of a share of Parent Common Stock shall be paid to any Indemnifying Stockholder out of the Escrow Amount or the Representative Fund Amount pursuant to Sections 2.5 and the Escrow Agreement.
Such agency may be changed by the holders of a majority in interest of the Escrow Amount and the Representative Fund Amount from time to time (including in the event of the death, disability or other incapacity of a Representative that is an individual), and any such successor shall succeed the Representative as Representative hereunder.
If you exercise your Vested Options, you will be a Company Stockholder at the Effective Time and therefore a portion of the Merger consideration that you would otherwise receive for your shares will be held back from you for contribution to the Escrow Amount and Representative Fund Amount, as described above.