Split Shares definition
Examples of Split Shares in a sentence
The CENTRIC Shareholders named on EXHIBIT A attached to this Agreement shall receive an aggregate of up to 2,250,000 Post-Reverse Split Shares of WWSI Common Stock on a pro rata basis based on their percentage shareholdings in CENTRIC at the Closing, and CENTRIC shall become a wholly-owned subsidiary of WWSI.
At the Closing there will be no more than 6,300,000 post-Reverse Split Shares outstanding as of the Effective Date of the Reverse Split, constituting all of the issued and outstanding share capital of Solarflex, excluding the of Shares of Common Stock issuable to Investors under the Reg S Subscription Agreement.
The Corporation shall, upon the request of a record holder of a certificate representing shares of the Common Stock, Series A Preferred Stock or Series B Preferred Stock of the Corporation issued and outstanding immediately before the date hereof, issue and deliver to such holder in exchange for such certificate a new certificate or certificates representing the Split Shares.
Schade KmbH through its managing directors has approved ▇▇▇ ▇plit and the sale, purchase and transfer of the Split Shares in a written document attached as Annex 2.1 to this Notarial Deed.
The certificates for the Optional Securities (and the Split Shares, if applicable) being purchased on each Optional Closing Date will be in definitive form, in such denominations and registered in such names as CSFBC requests upon reasonable notice prior to such Optional Closing Date and will be made available for checking and packaging at the above office of Skadden, Arps, Slate, ▇▇▇▇▇▇▇ & ▇▇▇▇ LLP at a reasonable time in advance of such Optional Closing Date.
The Exercise Price shall be determined by the Board based on the price of shares as of the date of the grant adjusted to the applicable price of Post-Both Split Shares.
The assignment of the Partnership Interest and the Split Shares shall be notarized by a Swiss Notary Public.
Upon written notice to the Stockholder of the Effectiveness (the “Notice”), the Stockholder shall deliver to the Company the certificate or certificates representing the Forward Split Shares, duly executed for transfer, or accompanied by stock powers duly executed in blank (with a medallion guarantee or such other evidence of signature as the Company’s transfer agent may require).
In addition to any vote required by law or by the Certificate of Incorporation or Bylaws of Glacier, this Agreement shall have been approved by the affirmative vote of the holders of at least two-thirds of the outstanding shares of Common Stock, including the Stock Split Shares.
At the Closing Date, BAW shall, on surrender of its certificate representing its BAW shares to CAAH or its registrar or transfer agent, be entitled to receive a certificate or certificates evidencing their ownership of the Pre-Reverse Split Shares.