Examples of Transition Services Company in a sentence
On or before the Effective Date, Holding Company and the Transition Services Company shall execute and deliver the Transition Services Agreement.
The Transition Services Company will be entitled to exercise the voting rights of the restricted shares of Holding Company Class B Stock upon their grant and will be entitled to receive dividends and other distributions with respect to the restricted shares of Holding Company Class B Stock prior to vesting, unless the restricted shares of Holding Company Class B Stock are forfeited.
On or before the Effective Date, as additional consideration for the provision of services in accordance with the terms of the Transition Services Agreement, the Transition Services Company shall receive the Options.
Upon such forfeiture, all forfeited Transition Services Company Holding Company Stock shall immediately cease to have voting, dividend or any other right and the certificate(s) representing the forfeited Transition Services Company Holding Company Stock shall be cancelled.
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On or before the Effective Date, Holding Company and the Transition Services Company will execute and deliver the Transition Services Agreement.
In exchange for the provision of services to be furnished under the Transition Services Agreement, Transition Services Company will receive 300,000 restricted shares of Holding Company Class B Stock, which will vest in equal quarterly installments over a three- year period upon the satisfaction of the conditions described in the Transitions Services Agreement; provided, however, that all restricted shares of Holding Company Class B Stock will immediately vest upon a change of control of Holding Company.
If Mr. Pellerano is unable to serve, then Transition Services Company shall have the right to appoint another individual to serve as chairperson of the Holding Company Board of Directors.
If Mr. Pellerano is unable to serve, then Transition Services Company will have the right to appoint another individual to serve as chairperson of the Holding Company Board of Directors.
In exchange for the services to be furnished under the Transition Services Agreement, Transition Services Company will receive 300,000 restricted shares of Holding Company Class B Stock, which will vest in equal quarterly installments over a three year period upon the satisfaction of the conditions described in the Transitions Services Agreement; provided, however, that all restricted shares of Holding Company Class B Stock will immediately vest upon a change of control of Holding Company.