Examples of Seaside Consideration Shares in a sentence
The Seaside Consideration Shares shall be subject to the "Downside Price Protection" provided in Section 2 of the Escrow Agreement.
Seaside shall register the Seaside Consideration Shares for trading on the London Stock Exchange PLC by September 30, 2004.
The Seaside Consideration Shares are being issued pursuant to section 4(2) of the Securities Act.
Commencing with the month during which Seaside Shares are accepted for trading on the London Stock Exchange PLC, and during each calendar month thereafter, Target Company may shall its shares of Seaside Consideration Shares at a monthly rate that is no greater than ten percent (10%) of the total of the Seaside Consideration Shares (the "Sales Allowance").
At Closing, the parties shall deposit into escrow (i) the Seaside Consideration Shares, (ii) the Consideration Stock and (iii) the stock power executed by Seaside.
Seaside shall assist the Target Company in setting up and maintaining a trading account at a registered broker in the United Kingdom to facilitate the sale of the Seaside Consideration Shares.
The Escrow Agent shall hold the Seaside Consideration Shares and the Consideration Stock in escrow when delivered.
Simultaneously with the execution of this Agreement, Seaside and the Target Company entered into a Stock Purchase Agreement (the "Stock Purchase Agreement"), dated as of the date hereof and incorporated herein by reference, pursuant to which the Target Company has agreed to issue to Seaside the Consideration Stock in exchange for the Seaside Consideration Shares.
The deposit of the Seaside Consideration Shares, at the election of Seaside, may be made as (i) a certificate in the name of IVCM or a provisional letter of allotment for a trading account in the name of the Escrow Agent representing the Seaside Escrow Shares and (ii) a certificate in the name of IVCM or a provisional letter of allotment for a trading account in the name of the Escrow Agent (to be held for the benefit of IVCM) representing the balance of the Seaside Consideration Shares.
Simultaneously with the execution of this Agreement, Seaside and IVCM entered into a Stock Purchase Agreement (the "Stock Purchase Agreement"), dated as of the date hereof and incorporated herein by reference, pursuant to which IVCM has agreed to issue to Seaside the Consideration Stock in exchange for the Seaside Consideration Shares.