Restricted Company Shares definition
Examples of Restricted Company Shares in a sentence
Except as set forth in Section 2.2 of the Disclosure Letter, none of the terms of the Company Stock Options, Company Restricted Stock Units or Restricted Company Shares provides for accelerated vesting as a result of the execution and delivery of this Agreement or the consummation of the transactions contemplated hereby (either alone or in combination with any other events).
None of the terms of the Company Stock Options or Restricted Company Shares provides for accelerated vesting as a result of the execution and delivery of this Agreement or the consummation of the transactions contemplated hereby.
Parent will distribute to former holders of Restricted Company Shares any amount of Restricted Cash with respect to which the restrictions lapse after the Effective Time in accordance with the terms that governed the Restricted Company Share.
As of the date hereof, except with respect to the Restricted Company Shares, there are no outstanding rights or obligations of the Company or any Subsidiary to repurchase, redeem or otherwise acquire any outstanding shares of its capital stock or other ownership interests.
As of December 31, 2004, except with respect to the Restricted Company Shares, there are no outstanding rights or obligations of the Company or any Subsidiary to repurchase, redeem or otherwise acquire any of its outstanding capital stock or other ownership interests.
The Company shall deliver to each holder of Restricted Company Shares a copy of the information statement reasonably acceptable to Parent and the Company in connection with the offer by the Company to repurchase such Restricted Company Shares from the holder thereof.
The Company shall use reasonable best efforts to take all such other actions reasonably necessary to validly repurchase, effective as of immediately prior to the Effective Time, all Restricted Company Shares in accordance with all Applicable Laws and all requirements set forth in applicable Business Contracts and to obtain a release of claims from the holders thereof in their capacity as Stockholders, pursuant to a Redemption Agreement.
As of the date hereof, except with respect to the Restricted Company Shares, there are no outstanding rights or obligations of the Company or any Subsidiary to repurchase, redeem or otherwise acquire any of its outstanding capital stock or other ownership interests.
From and after the Company Merger Effective Time, all such Company Shares (including Restricted Company Shares) shall no longer be outstanding and shall automatically be cancelled and shall cease to exist, and each holder of a Company Share, including any Restricted Company Share, shall cease to have any rights with respect thereto, except for the right to receive the Merger Consideration therefor in accordance with Section 2.2.
Each of the Sellers acknowledges and agrees that all shares delivered to such Seller pursuant to this Section 2.4 shall be deemed to be Restricted Company Shares under the Lock-Up Agreement and shall be subject to the restrictions under the Lock-Up Agreement.