Examples of Seller Stock Plans in a sentence
As soon as practicable after receipt of a draft review report, the Deputy Vice-Chancellor (Academic) (through the Review Support Officer) will advise the panel in writing of any matters in the report that appear to be in need of correction or reconsideration.
Also pursuant to the Merger Agreement, Sonus assumed NET’s Amended and Restated 1993 Stock Option Plan, Amended and Restated 1997 Stock Option Program and 2008 Equity Incentive Plan (the “Seller Stock Plans”), as well as all outstanding in-the-money stock options, all outstanding restricted stock units and all unissued shares reserved for further issuance under the Seller Stock Plans.
As soon as practicable after the Effective Time, Buyer shall deliver to the participants in Seller Stock Plans appropriate notice setting forth such participants' rights pursuant thereto and the grants pursuant to Seller Stock Plans shall continue in effect on the same terms and conditions (subject to the adjustments required by this Section 6.11 after giving effect to the Merger).
As of the date of this Agreement, there are no outstanding contractual obligations of Seller to repurchase, redeem or otherwise acquire any Seller Shares except for such obligations arising under the Seller Stock Plans.
Sonus will substitute shares of its common stock for shares of NET’s common stock under the Seller Stock Plans.