Examples of Venator Ordinary Shares in a sentence
Such notice shall state the name and address of the Huntsman Transferee and identify the amount of Venator Ordinary Shares transferred and the scope of rights being transferred under this Section 9.6. In connection with any such transfer, the term “Huntsman” as used in this Article IX shall, where appropriate to give effect to the assignment of rights and obligations hereunder to such Huntsman Transferee, be deemed to refer to such Huntsman Transferee.
Venator shall also cooperate in preparing, filing with the SEC and causing to become effective a registration statement registering the Venator Ordinary Shares under the Exchange Act, and any registration statements or amendments thereof that are required to reflect the establishment of, or amendments to, any employee benefit and other plans necessary or appropriate in connection with the IPO or the other transactions contemplated by this Agreement and the Ancillary Agreements.
Huntsman may transfer all or any portion of its rights under this Article IX to a transferee of any Venator Ordinary Shares from any member of the Huntsman Group (a “Huntsman Transferee”) beneficially owning at least 10% of the voting power of all of the outstanding shares of Venator Ordinary Shares.
In exchange for the Contributions, Venator issued Venator Ordinary Shares to Huntsman or a member of the Huntsman Group.
Huntsman may transfer all or any portion of its rights under this Article IX to a transferee of any Venator Ordinary Shares from any member of the Huntsman Group (a “Huntsman Transferee”) holding at least [10%] of the voting power of all of the outstanding shares of Venator Ordinary Shares.
Each holder of a Huntsman Option that is unvested immediately prior to the Venator Trading Day shall, upon the Venator Trading Day, have their rights to the Huntsman Option cancelled and the participants rights under each such Huntsman Option shall be converted into the right to receive a stock option award granted pursuant to the Venator New Equity Plan with respect to Venator Ordinary Shares (the “Venator Options”).
Each holder of a Huntsman Phantom Share that is outstanding and unvested immediately prior to the Venator Trading Day shall, upon the Venator Trading Day, have their rights to the Huntsman Phantom Share cancelled and the participants rights under each such Huntsman Phantom Share shall be converted into the right to receive a restricted stock unit award granted pursuant to the Venator New Equity Plan with respect to Venator Ordinary Shares (the “Venator Restricted Stock Unit” or “Venator RSU”).
Prior to or as soon as reasonably practicable after the Venator Trading Day and subject to applicable Law, Venator shall prepare and file with the Securities and Exchange Commission a registration statement on Form S-8 (or another appropriate form) registering under the Securities Act of 1933, as amended, the offering of a number of shares of Venator Ordinary Shares at a minimum equal to the number of shares subject to the Venator LTI Awards.
The number of Venator RSUs to be granted to each applicable participant shall be determined by multiplying the number of Huntsman Common Stock subject to the Huntsman Phantom Share by the Equity Award Ratio (rounded to the nearest whole share of Venator Ordinary Shares).
For so long as the Huntsman Group beneficially owns Ordinary Shares representing a majority of the total voting power of all of the outstanding Venator Ordinary Shares and, as applicable, for the duration of the Transitional Services Agreement,] Venator will consistently implement and maintain Huntsman’s business practices and standards in accordance with the Huntsman policies and procedures listed on Schedule 9.7, each of which Huntsman may amend or supplement from time to time in its sole discretion.