Examples of Thermo Electron Common Stock in a sentence
The restricted shares of Viasys Common Stock so issued shall be subject to terms and conditions equivalent to those applicable to the restricted shares of Thermo Electron Common Stock, as effective immediately prior to the Distribution Date.
Thermo Electron and Viasys shall use their respective reasonable efforts to cause the Form 10 to become effective under the Exchange Act as promptly as reasonably practicable, and thereafter Thermo Electron or its agent shall promptly mail the Information Statement to all of the appropriate holders of Thermo Electron Common Stock.
At the time of the Merger, all Options that are exercisable will become exercisable options to purchase Thermo Electron Common Stock.
In exchange therefor, and upon receipt from the Agent of a certificate as to the number of shares of Thermo Electron Common Stock outstanding as of the Distribution Record Date, Viasys shall deliver to the Agent on the Distribution Date on behalf of Thermo Electron and for the benefit of the holders of record of Thermo Electron Common Stock as of the Distribution Record Date, an omnibus stock certificate representing the Distribution Shares.
Any Options that are not exercisable at the time of the Merger and that are "out-of-the-money" on the date of the Merger, will not become immediately exercisable to purchase Thermo Electron Common Stock.
The number of shares of Thermo Electron Common Stock underlying each assumed option will equal the number of Shares underlying the option before the Merger, multiplied by the "cash exchange ratio" described below, rounded down to the nearest whole number of shares of Thermo Electron Common Stock.
At the time of the Merger, all options to purchase Shares (the "Options") will become options to purchase Thermo Electron Common Stock with the same terms and vesting as existed prior to the Merger, except as described below.
The "cash exchange ratio" for the Merger will be a fraction, the numerator of which is the price per Share payable in the Merger and the denominator of which is the closing price of Thermo Electron Common Stock on the day preceding the effective date of the Merger.
Any Options that are not exercisable at the time of the Merger (the "Accelerated Options") will become immediately exercisable to purchase Thermo Electron Common Stock if the options are "in-the-money" on the date of the Merger.
Thermo Electron shall instruct the Agent to distribute, beginning on or promptly following the Distribution Date, to such holders of Thermo Electron Common Stock on the Distribution Record Date, certificates representing the Distributed Viasys per Share amount for every share of Thermo Electron Common Stock outstanding as of the Distribution Record Date.