Tranche 3 Shares definition

Tranche 3 Shares means such number of shares of Preferred Stock as shall equal (i) $150,000, divided by (y) the Tranche 3 Shares Exercise Price in effect from time to time; in all cases subject to adjustment from time to time in accordance with the provisions of this Warrant.
Tranche 3 Shares has the meaning assigned thereto in the Restricted Stock Award and Special Bonus Agreement.
Tranche 3 Shares has the meaning set forth in the preamble.

Examples of Tranche 3 Shares in a sentence

  • This Warrant shall be exercisable for the Tranche 1 Shares, the Tranche 2 Shares and the Tranche 3 Shares.

  • In addition, upon an Exit Event, any and all outstanding Tranche 2 Shares and Tranche 3 Shares that have not previously vested and do not vest as a result of the Exit Event shall be automatically and immediately forfeited following such Exit Event, all as provided for in Section 6 of this Agreement.

  • Each of the Tranche 2 Shares, Tranche 3 Shares and Tranches 4 Shares shall constitute a category of shares within the meaning of article L.

  • The Tranche 3 Shares shall have an Option Price of $0.07704 per Share.

  • Upon the issue of Tranche 4 Shares under the Placement, the increase in Timeone’s voting power in the Company from 14.95% (upon the issue of the Tranche 3 Shares and assuming that none of the options and performance rights are exercised, no other shares are issued by the Company and Resolution 3 is passed by Shareholders) to 29.94% would increase their “relevant interest” in the Company in breach of section 606(1) of the Corporations Act in the absence of an applicable exception.

  • In the event that Shareholders approve Resolutions 2 and 3 and the Tranche 3 Shares and the Tranche 4 Shares are issued, Timeone will nominate 2 persons to be appointed as Directors and the Company will seek approval of their appointments at the next annual general meeting of the Company following such appointments.

  • Subject to Applicable Law, in all three cases mentioned above, Superior shall be paid a price in USD that is not less than the amount Superior paid for such Tranche 3 Shares.

  • Tranche 3 shall consist of 1,250,000 shares of the Series B Preferred Stock at a purchase price of $2.00 per share (the "Tranche 3 Shares").

  • The Company may not deliver the Subsequent Financing Notice relating to the Tranche 3 Shares earlier than 5 Business Days after the earlier to occur of the Tranche 2 Closing Expiration Date or the Second Tranche 2 Adjustment Date or, if such day is not a Business Day, the next succeeding Business Day.

  • Notwithstanding anything in the Restricted Stock Agreement to the contrary, upon termination of your employment with or service to the Company or one of its Subsidiaries due to your death or Disability, in each case, prior to Change in Control, all Time-Vesting Tranche 3 Shares and Time-Vesting Tranche 4 Shares shall vest on the date of your termination.


More Definitions of Tranche 3 Shares

Tranche 3 Shares. During the Grantee’s Employment, the Restricted Stock shall vest as follows:
Tranche 3 Shares has the meaning set forth in Section 3.1(c)(ii)(C).
Tranche 3 Shares means 200,000 shares of Common Stock (as may be adjusted pursuant to Section 6), which shall become exercisable upon such date as the FDA Funding Percentage is greater than or equal to 48%.
Tranche 3 Shares. (collectively with the Tranche 1 and Tranche 2 Shares, the “Performance Shares”). The Performance Shares shall be subject to the performance-based vesting terms and conditions set forth in Section 2.1.

Related to Tranche 3 Shares

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class A Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class B Common Shares means the Class B Convertible Voting Common Shares of the Company, par value $1.00 per share.

  • Series B-2 Preferred Shares means the Company’s series B-2 preferred shares, par value US$0.00001 per share.

  • Class A Common Shares means class A common shares of a nominal or par value of US$0.00001 each in the capital of the Company having the rights provided for in the Memorandum and Articles of Association, and any shares into which such class A common shares may be converted.

  • Class B Warrants means, collectively, the Common Stock purchase warrants in the form of Exhibit C attached hereto delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which warrants shall be exercisable immediately and have a term of exercise equal to one year.

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • Class A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Class A Shares means Class A ordinary shares, par value US$0.0001 per share, in the share capital of the Company.

  • Class A Ordinary Share Value means, as of the close of business on the day preceding the date, the volume weighted average trading price of the Class A Ordinary Shares on all trading platforms or trading systems on which the Class A Ordinary Shares are being traded over the forty-five (45) trading days then ended, provided, that if the total aggregate trading volume over such 45-trading-day period is less than 5% of the public float, such period shall be extended to the ninety (90) trading days then ended, provided, further, if the total aggregate trading volume over such 90-trading-day period is less than 5% of the public float, the holder of the Class B Ordinary Shares shall request that the Board obtain an appraisal of the value of the Class A Ordinary Shares from one or more independent nationally-recognized third party appraisal companies and such appraisal shall constitute the Class A Ordinary Share Value.

  • Series B-1 Preferred Shares means the Company’s series B-1 preferred shares, par value US$0.00001 per share.

  • Class C Shares means shares of the Class C Common Stock.

  • Class B Common Stock means the Class B common stock, par value $0.0001 per share, of the Company.

  • Class A Common Stock means the Class A Common Stock, par value $.01 per share, of the Company.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Series B Common Stock means the Series B Common Stock, par value $0.01 per share, of the Company.

  • Series D Shares means shares of Series D Convertible Preferred Stock, par value $0.001 per share of the Company and having the rights, privileges, preferences and restrictions set forth in the Charter.

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • Class A Preferred Stock means the Class A preferred stock, nominal value $0.0001 per share, of the Company.

  • Class B Shares means the Class B ordinary Shares in the capital of the Company of $0.0001 nominal or par value designated as Class B Shares, and having the rights provided for in these Articles.

  • Class D Common Stock means the Class D Common Stock, par value $0.01 per share, of the Company.

  • Class A Stock means the Company's Class A Common Stock, par value $0.01 per share.

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share.

  • Series B-1 Preferred Stock means shares of the Company’s Series B-1 Preferred Stock, par value $0.0001 per share.

  • Series A-1 Preferred Shares means the Company’s series A-1 preferred shares, par value US$0.00001 per share.