Examples of Stock Portion of the Merger Consideration in a sentence
No legend or other reference to any Encumbrance appears upon any certificate representing the Stock Portion of the Merger Consideration, except for customary legends with respect to transfer restrictions for restricted securities under federal and Delaware securities Law.
For purposes of this Agreement, the “Option Exchange Ratio” shall be the fraction having a numerator equal to the per share Merger Consideration (valuing the Stock Portion of the Merger Consideration at the Measurement Price thereof) and having a denominator equal to the Measurement Price.
The “Merger Consideration” is the aggregate consideration comprised of (i) the Cash Portion of the Merger Consideration, (ii) the Stock Portion of the Merger Consideration, and (iii) the Note Portion of the Merger Consideration.
Additionally, Acquiror will issue and deliver to the Exchange Agent for exchange in accordance with this Section 1.2, through such reasonable procedures as Acquiror and the Holder Representative may agree, certificates for the shares of Acquiror Common Stock representing the Stock Portion of the Merger Consideration.
The parties agree that the Stock Portion of the Merger Consideration is valued at $25,000,000.
Amended and Restated 2013 Equity Incentive Plan4.4* salesforce.com, inc.
To the Knowledge of the Company, each of the Company Stockholders is acquiring the Stock Portion of the Merger Consideration pursuant to the terms and conditions of this Agreement for its own account and for investment purposes only and not with a view towards, and has no present intention, agreement or arrangement regarding, the distribution, transfer, assignment, resale or subdivision of the Stock Portion of the Merger Consideration.
Parent has reserved out of its authorized and unissued shares, and Parent shall continue to reserve out of its authorized and unissued shares and keep available until the Closing Date, free of preemptive rights, the number of shares of Parent Series A Preferred Stock that constitute the Stock Portion of the Merger Consideration.
Neither this Agreement nor any rights or obligations under it are assignable without the express written consent of the Stockholders and Parent, provided, however, that CAN may assign its rights under the LOI to enter into this Agreement to Parent and Parent’s wholly-owned merger subsidiary for the purpose of the issuance of the Stock Portion of the Merger Consideration by Parent and to qualify the transaction as tax-free under the Code and does hereby assign to the Parent and Buyer its rights thereunder.
The shares of Acquiror Common Stock comprising the Stock Portion of the Merger Consideration have been duly and validly authorized and, when issued in accordance with the terms hereof, will be validly issued and fully-paid and non-assessable and shall not have been issued in violation of any preemptive or similar rights.