SpinCo Shares definition

SpinCo Shares means the shares of common stock, par value $0.01 per share, of SpinCo.
SpinCo Shares means the common shares in the capital of Spinco;
SpinCo Shares shall have the meaning set forth in the Separation and Distribution Agreement.

Examples of SpinCo Shares in a sentence

  • Without limiting the generality of Section 4.2(c), SpinCo Shares held in the SpinCo Common Stock Fund under the Company U.S. Savings Plan on behalf of SpinCo Participants shall be transferred in kind to the SpinCo Common Stock Fund under the SpinCo U.S. Savings Plan, and Company Shares held in the Company Common Stock Fund under the Company U.S. Savings Plan on behalf of SpinCo Participants shall be transferred in kind to the Company Common Stock Fund under the SpinCo U.S Savings Plan.

  • The Company and SpinCo shall take such actions as may be necessary to approve the grants of adjusted equity awards by the Company (in respect of Company Shares) and SpinCo (in respect of SpinCo Shares) in connection with the Distribution in order to satisfy the requirements of Rule 16b-3 under the Exchange Act.

  • SpinCo shall prepare and file, and shall use its reasonable best efforts to have approved, an application for the listing of the SpinCo Shares to be distributed in the Distribution on Nasdaq, NYSE or such other national securities exchange as selected in the Company’s sole discretion, subject to official notice of distribution.

  • The number of SpinCo Shares subject to the SpinCo DSU Award shall be equal to the product (rounded up to the nearest whole share) of (x) the number of Company Shares subject to the corresponding Company DSU Award, as applicable, immediately prior to the Distribution Effective Time, multiplied by (y) the Distribution Ratio.

  • The number of SpinCo Shares subject to the SpinCo Option Award shall be equal to the product (rounded down to the nearest whole share) of (x) the number of Company Shares subject to the corresponding Shareholder Method Option Award immediately prior to the Distribution Effective Time, multiplied by (y) the SpinCo Stock Value Ratio.


More Definitions of SpinCo Shares

SpinCo Shares has the meaning set forth in the recitals to this Agreement.
SpinCo Shares means the common shares of SpinCo to be issued as part of the Consideration pursuant to the Plan of Arrangement;
SpinCo Shares means the common shares of Spinco;
SpinCo Shares means common shares in the capital of SpinCo; (ww) "SpinCo Subscription Agreement" has the meaning ascribed to such term in Section 6.5 hereof;
SpinCo Shares means the no par value shares which Spinco is authorized to issue as the same are constituted on the date hereof;
SpinCo Shares means common shares without par value of Spinco; “Spinout Assets” means:
SpinCo Shares means the sum of (a) the Base Spinco Shares plus (b) the Incremental Shares.”