Termination Shares definition

Termination Shares. As defined in Section 1.2.
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Termination Shares means the vested Shares owned by a Terminated Shareholder.
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Termination Shares means any Termination Shares to be issued to the Vendors in accordance with Clause 11 and pursuant to Rule 144A of the Securities Act as fully paid and non-assessable and free from all taxes, liens, claims and encumbrances with respect to the issue thereof;
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Examples of Termination Shares in a sentence

  • The Termination Shares shall be subject to anti-dilution provisions for a period of 24 months from the date of termination.

  • The Non-Termination Shareholders shall exercise their Termination Right of First Refusal by giving written notice of their election to acquire a specified number of the Remaining Termination Shares to each Non-Termination Shareholder and the Corporation within twenty (20) days after the expiration of the thirty (30) day period referred to in Section 7(c).

  • The closing of the purchase of Termination Shares hereunder shall be held at the principal executive offices of the Corporation.

  • If the Non-Termination Shareholders do not elect to acquire all of the Remaining Termination Shares, the Corporation will have the right to acquire such Shares the Non-Termination Shareholders have elected not to acquire.

  • The Allocation Notice and the Total Allocation Notice shall be deemed to constitute a valid, legally binding and enforceable agreement for the transfer of all or that portion of the Termination Shares.


More Definitions of Termination Shares

Termination Shares means the shares of the Company's capital stock to be purchased by Purchaser pursuant to Section 4.1 hereof.
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Termination Shares means the vested Shares owned by a terminated Shareholder.
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Termination Shares means the number of Shares that is the subject of the relevant Optional Termination Notice. Any notice given in accordance with this provision may be given in writing or orally, including by telephone. Any notice given orally shall be followed promptly by written conformation of such notice, provided, however, that failure to deliver such written confirmation shall not vitiate the oral notice.
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Termination Shares has the meaning set forth in (S)7.1(a). ------------------
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Termination Shares means (A) the shares of Company Common Stock subject to a repurchase option or risk of forfeiture under any restricted stock purchase, stock option agreement or other agreement and held by Persons who, immediately following the Effective Time, will not be employed by either the Company or Parent (a written schedule setting forth such persons and the vesting status of their respective shares as of the Effective Time to be provided by the Company to Parent prior to the Effective Time), and (B) the shares of Company Common Stock purchasable under or otherwise subject to unvested Company Options outstanding immediately prior to the Effective Time and held by Persons who, immediately following the Effective Time, will not be employed by either the Company or Parent (a written schedule setting forth such persons and the vesting status of their respective options as of the Effective Time to be provided by the Company to Parent prior to the Effective Time).
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Termination Shares means the 21,125,000 fully paid ordinary shares in Beston to be issued to BPAM pursuant to the Termination Deed.Appendix A – Independent Expert's Report Independent Expert Report in regard to the proposed termination of the Investment Management Agreement between Beston Global Food Company and Beston Pacific Asset ManagementBeston Global Food Company Ltd22 April 2021 Contents
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Termination Shares shall have the meaning set forth in Section 5.02(a).
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