Examples of Transaction Stock in a sentence
For purposes of any such reduction, a share of Parent Common Stock shall be valued at the Transaction Stock Price.
In such event, the Company shall pay to Consultant or his estate within thirty (30) days of such date the Consulting Fee and such Bonus and Significant Transaction Stock Grants hereunder (each as described in Schedule A hereto) for any milestone having been met prior to Consultant’s death, and such shall fully vest upon the death of Consultant.
To the extent a Potential Adjustment Event, Dividend Adjustment or Extraordinary Event, in each case that is applicable to the Transaction occurs, the Termination Stock Prices set forth in the tables attached to a Supplemental Confirmation will be adjusted in a manner consistent with the adjustment to the other terms of the Transaction resulting from such event (e.g., if there is a two-for-one stock split, each Transaction Stock Price set forth in the table will be divided by two).
In consideration for the obligations by the parties hereunder, the Company shall pay Consultant a Consulting Fee, Bonus and Significant Transaction Stock Grant as set forth on the Compensation Rider attached hereto as Exhibit A and made a part hereof.
In the event your service as a member of the Board is terminated by the Company for Cause following the IPO Date, any portion of the Transaction Stock Option Award (whether vested or unvested) and any unvested portion of the Transaction RSU Award that remains outstanding as of the date of such termination shall be forfeited and cancelled for no consideration.
Each share of Transaction Stock, when ----------------- issued and delivered as contemplated by this Agreement and the Escrow Agreement, will be duly authorized, validly issued, fully paid and non-assessable.
None of the Transaction Stock is subject to any liens or other rights, and there are no options, warrants, purchase agreements, put agreements, call agreements or other agreements to which Graphic is a party which relate to or affect the transfer of the Transaction Stock.
In the event such termination occurs prior to the expiration of the Term, the Company’s only obligation will be to pay Consultant any accrued but unpaid Consulting Fee, Significant Transaction Stock Grant, and a prorated Bonus for the months worked and any Stock Grants, earned prior to such date of termination, which shall immediately vest, and any expenses incurred prior to the date of termination that have not been reimbursed and any benefits then payable under the Company’s benefit plans.
In the event of a Qualified Transaction, your Target Award Number (the “Qualified Transaction Stock Units”) will be eligible to become Earned Units on the later of (i) the date of a Qualified Transaction, or (ii) the first anniversary of the Grant Date, subject to your continuous employment by the Employer through such later date, except as provided in this Agreement.
Graphic shall use its best --------------------------------- efforts to prepare and file with the Commission as soon as practicable after the Closing, but in no event later than 90 days, a Registration Statement on Form S- 3, pursuant to which Graphic shall request that the Transaction Stock be registered for resale by the Recipients, and shall use its best efforts to have such registration become effective.