Resale Stock definition
Examples of Resale Stock in a sentence
The Company shall pay all expenses of registration and sale of the Resale Stock.
Such Resale Stock shall be sold (at the Company's discretion but in the form of one or more secondary offerings on behalf of each Seller) under the Registration Statement during the period of not more than 45 days following the Closing Date as specified by the Company (the "Offering Period").
All sales (the "Sales") of the Resale Stock shall be made on behalf of each Seller by underwriters selected by the Company (the "Underwriters") pursuant to one or more block trades, underwritten offerings or otherwise, in each case as determined by the Company.
Any shares of Parent Common Stock issued or issuable upon exercise of such Company Options shall be Restricted Resale Stock.
Except for (i) the Parent Common Stock issued to Will▇▇▇ ▇▇▇▇▇ & ▇ompany and (ii) the Parent Common Stock issued upon the exercise of the warrants referred to in Section 5.4, all shares eligible for registration on the above-mentioned registration statement shall be deemed Restricted Resale Stock.
Except for (i) the Parent Common Stock issued to ▇▇▇▇▇▇▇ ▇▇▇▇▇ & Company and (ii) the Parent Common Stock issued upon the exercise of the warrants referred to in Section 5.4, all shares eligible for registration on the above-mentioned registration statement shall be deemed Restricted Resale Stock.
Any shares of Parent Common Stock issued upon the exercise of such Assumed Company Options shall be Restricted Resale Stock.