Examples of Stockholder Escrow Shares in a sentence
The issuance of any Stockholder Escrow Shares, Pending Claim Stockholder Excess Amount, Parent Indemnification Shares or Pending Claim Parent Indemnification Shares shall constitute a purchase price adjustment for tax purposes.
The Stockholder Escrow Shares shall be used to satisfy pursuant to Section 6.2 any Damages of any Parent Indemnitee for which a Parent Indemnitee delivers an indemnification notice under Section 6.2 during the Stockholder Escrow Period and for which it is finally determined (by joint written instructions of Parent and the Stockholder Representative given to the Escrow Agent or by a Final Arbitration Award given to the Escrow Agent) that indemnification is required under this Agreement.
The issuance of any Stockholder Escrow Shares or Pending Claim Stockholder Excess Amount shall constitute a purchase price adjustment for tax purposes.
The aggregate amount of all Damages for which a Stockholder shall be liable under this Section 6.2 shall not exceed the amount determined by multiplying the Stockholder Escrow Shares comprising the Stockholder Escrow Fund by the volume weighted average price for the Foreign Parent Stock for the ten (10) consecutive trading days immediately prior to the Closing Date (“Deemed Value”).
The certificates representing the Stockholder Escrow Shares, each accompanied by stock powers duly endorsed in blank, with each Stockholder's signature medallion guaranteed by a national bank shall be held in the escrow account and disposed of by the Escrow Agent in accordance with the terms and provisions of the Escrow Agreement.
Parker SCHEDULE I Name of Number of Stockholder Escrow Shares ----------- ------------- Thomas H.
CONTINENTAL STOCK TRANSFER & TRUST COMPANY By: Name: Title: EXHIBIT A Stock Date of Number of Name and Address of Initial Number of Certificate Insider Insider Warrant Stockholder Escrow Shares Number Letter Warrants Number Frost Gamma Investments Trust 4000 Xxxxxxxx Xxxx., Xxxxx 0000 Xxxxx, XX 00000 1,359,000 Rxxxxx X.
HEE, as attorney-in- fact for the Shareholders identified on Schedule 4 hereto ----------------------------------- ----------------------------------- ----------------------------------- ----------------------------------- SCHEDULE 1 Shareholders ------------ (attached hereto) SCHEDULE 2 Escrow Interests ---------------- Interest In Stockholder Escrow Shares ----------- ------------- Xxxxxx, Xxxxx X.
The Stockholder Escrow Shares shall be held in escrow pursuant to the Escrow Agreement as security for the performance of the indemnity obligations of the Company Stockholders under Section 10.2 of this Merger Agreement and the Acquiror Escrow Shares shall be held in escrow pursuant to the Escrow Agreement as security for the performance of the indemnity obligations of Acquiror under Section 10.3 of this Merger Agreement.
Xxxxxxxxxx (the "Indemnification Representative") and American ------------------------------ Stock Transfer & Trust Company (the "Escrow Agent") shall execute and deliver ------------ the Escrow Agreement attached hereto as Exhibit A (the "Escrow Agreement") and --------- ---------------- the Buyer shall deliver to the Escrow Agent a certificate for the Stockholder Escrow Shares (as defined below) being placed in escrow on the Closing Date pursuant to Section 1.10.