Section 102 Shares definition

Section 102 Shares means Company Shares issued upon exercise of Section 102 Options or vesting of Section 000 XXXx and deposited with the Section 102 Trustee.
Section 102 Shares means Shares issued under a Section 102 Award pursuant to Section 19(c)(i) below.
Section 102 Shares means any Company Shares that were issued upon exercise or vesting of Section 102 Awards and at the Effective Time are held by the 102 Trustee.

Examples of Section 102 Shares in a sentence

  • On or prior to the Effective Time, Parent will cause the transfer of the aggregate Per Share Merger Consideration payable with respect to the Section 102 Shares to the 102 Trustee, on behalf of holders of Section 102 Shares, in accordance with Section 102 and the Options Tax Ruling (as defined herein) and/or the Interim Options Tax Ruling (as applicable) (as defined herein), in each case, if obtained (the “Section 102 Share Consideration”).

  • In the event that the Exchange Fund is insufficient to pay the aggregate amount of all Per Share Merger Consideration due to the Company Shareholders (other than the holders of Excluded Shares and Section 102 Shares), Parent or Merger Sub will promptly deposit additional funds with the Exchange Agent in an amount which is equal to the deficiency in the amount required to make such payment.

  • The Company will include in the request for the Options Tax Ruling a request to exempt Parent, the Surviving Company, the Exchange Agent and their respective agents from any withholding obligation in relation to any payments made with respect to any Section 102 Awards, Section 102 Shares or Section 3(i) Awards.


More Definitions of Section 102 Shares

Section 102 Shares means Company Shares issued upon exercise of Section 102 Options.
Section 102 Shares means Enlivex Ordinary Shares issued upon exercise of Section 102 Options.
Section 102 Shares means Company Ordinary Shares issued upon the exercise of Section 102 Options or granted subject to tax under Section 102(b)(2) or 102(b)(3) (if applicable) of the Israeli Tax Ordinance and held by the Section 102 Trustee pursuant to the Israeli Tax Ordinance.
Section 102 Shares means any shares that were issued as Section 102 Awards, or issued upon exercise or vesting of Section 102 Awards, and at the Closing Date are held by the 102 Trustee.
Section 102 Shares means shares of Company Common Stock issued upon exercise or settlement of Section 102 Options, Section 102 RSUs, Section 102 PSUs or other awards subject to Section 102.
Section 102 Shares means Company Shares issued upon exercise of Section 102 Options. “Selling Shareholders” shall have the meaning ascribed to such term in the Recitals. “Stipulated Amount” shall have the meaning ascribed to such term in Section 10.03(j).