Surviving Corporation Class A Common Stock definition
Examples of Surviving Corporation Class A Common Stock in a sentence
The employee may be suspended without pay pending the outcome of a confirmatory test or a confirmatory re-test elected by the employee.
At the Effective Time, each share of the Surviving Corporation Class A Common Stock that is issued and outstanding shall be held by Atlas.
At the Effective Time, by virtue of the Merger and without any action on the part of any Party or any holder of any securities of any Party, each share of Merger Sub Common Stock issued and outstanding immediately prior to the Effective Time shall be converted into one validly issued, fully paid and nonassessable share of the Surviving Corporation Class A Common Stock.
Each share of Company Series I Preferred Stock issued and outstanding immediately prior to the Effective Time shall be canceled, and in consideration of the issuance of shares of the Surviving Corporation Class A Common Stock by the Surviving Corporation to Atlas pursuant to this Agreement, Atlas shall issue (at the direction of the Surviving Corporation, to the holder in respect of such canceled share) one validly issued, fully paid and nonassessable share of Atlas Series I Preferred Stock.
No fractional shares of Parent Common Stock or Surviving Corporation Class A Common Stock shall be issuable by the Parent or the Surviving Corporation upon the conversion of shares of Company Common Stock and Company Preferred Stock in the Merger pursuant to Section 2.1(a) hereof.
Except for the Letter Agreement and the SPAC Founders Stock Letter, SPAC is not a party to any voting trusts, voting agreements, proxies, shareholder agreements or other agreements with respect to the voting or transfer of SPAC Class A Ordinary Shares (or, following the Domestication Merger, shares of Surviving Corporation Class A Common Stock) or any of the equity interests or other securities of SPAC or any of its Subsidiaries.
From and after the Effective Time, the ------------------------ Surviving Corporation shall act as exchange agent in effecting the exchange of the Class A Shares for the Surviving Corporation Class B Common Stock and Class B Shares for the Surviving Corporation Class A Common Stock.
No certificates or scrip or shares representing fractional shares of Surviving Corporation Class A Common Stock or Surviving Corporation Class B Common Stock shall be issued upon the exchange of Company Equity Securities or Blocker Securities and such fractional share interests will not entitle the owner thereof to vote or to have any rights of a stockholder of Pace or a holder of shares of Surviving Corporation Class A Common Stock or Surviving Corporation Class B Common Stock.
Each of SPAC, the Company and Holdings will use its reasonable best efforts to cause the Surviving Corporation Common Stock to be issued in connection with the Transactions (including the Surviving Corporation Common Stock to be issued in the Private Placements and the Earnout Shares, as applicable) and the Assumed SPAC Warrants (and the Surviving Corporation Class A Common Stock issuable upon exercise thereof) to be approved for listing on the New York Stock Exchange at the Acquisition Closing.
As of the Effective Time, Surviving Corporation shall reserve shares of its authorized but unissued Surviving Corporation Class A Common Stock which may be required for future issuance under the provisions of each such plan or agreement in number equal to the number of shares of Company Class A Common Stock which were reserved by the Company for purposes of such plan or agreement immediately prior to the Effective Time.