Stockholder Release definition

Stockholder Release shall have the meaning set forth in Section 12.1(m).

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Stockholder Release means the release set forth in Article 9.5 of this Plan.

Stockholder Release means the release of claims executed by each holder ------------------- of Common Stock or Preferred Stock.

Examples of Stockholder Release in a sentence

At the Closing, NewHoldCo shall cause to be wired to an account designated by Perfumania, $14,263,460 representing the Purchase Price for the Stock which shall be used by Reorganized Perfumania to make distributions of the Releasing Stockholder Consideration to former stockholders of Perfumania (other than NewHoldCo) who execute a Stockholder Release and, to the extent not all former stockholders execute the Stockholder Release, for general corporate purposes.
Each Stockholder shall be reasonably satisfied with the form of the Affiliate Agreement and Stockholder Release to be executed by them pursuant to Section 8.11 and Section 8.12.
The Individual agrees to resign his positions as President and Chief Executive Officer and a member of the Board simultaneously with the execution of (a) this Agreement; (b) the Stockholder Release Agreements being contemporaneously entered with certain of the Company’s stockholders (the “Stockholder Release Agreements”); and (c) the Indemnity Agreement attached as Exhibit B to this Agreement (the “Resignation Date”).
The Surviving Corporation or one of its Subsidiaries, as applicable, shall pay or issue, as the case may be, to the former holders of In-the-Money Options the consideration described in this Section 2.3(a) on or as soon as reasonably practicable following the Closing Date through the Company’s payroll system; provided that the recipients thereof shall be required, as a condition of receiving such consideration, to execute a Stockholder Release.
The Individual agrees to resign his position as Chairman of the Board simultaneous with the execution of (a) this Agreement; (b) the Stockholder Release Agreements being contemporaneously entered with certain of the Company’s stockholders (the “Stockholder Release Agreements”); and (c) the Indemnity Agreement attached as Exhibit B to this Agreement (the “Resignation Date”).

More Definitions of Stockholder Release

Stockholder Release has the meaning set forth in Section 2.2(b)(i).

Stockholder Release has the meaning set forth in Section 4.2.

Stockholder Release means the release delivered by each Stockholder on the Closing Date pursuant to which each such Stockholder releases ▇▇▇▇▇▇ and ▇▇▇▇▇▇▇▇ from certain Liabilities described therein.

Stockholder Release means a release in the form of Exhibit C attached hereto.

Stockholder Release has such meaning as set forth in Section 6.2(g).

Stockholder Release has the meaning set forth in Section 1.8(a).

Stockholder Release is defined in Section 9.5(a).