Share Buy Sample Clauses

Share Buy back made by the Company During the previous six months preceding the Latest Practicable Date, the Company did not buy back any Shares through the Stock Exchange or otherwise. In addition, the Company may not buy back shares which would result in the amount of shares held by the public being reduced to less than 25%. The particulars of the Directors proposed to be re-elected at the Annual General Meeting are as follows:
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Share Buy. OUT The share buy-out as per clause 3 of the term sheet of the agreement has been revised from USD 438,711.00 to USD 563,005.00 in lieu of shares forfeited at Rio Tinto. These shares will be granted upon joining the Company, using previous five business day volume weighted average price (VWAP) prior to your date of employment subject to tax deduction and any applicable JSE listing requirements which may have an impact on the actual date of allocation. These shares will vest on the following basis: Year of vesting Total grant value 20-Feb-23 USD 124,294 01-Dec-23 USD 32,857 20-Feb-24 USD 154,990 01-Dec-24 USD 37,431 20-Feb-25 USD 213,433 TOTAL USD 563,005 Should you leave AGA as a result of voluntary resignation or dismissal with cause prior to vesting, you will forfeit unvested shares. AngloGold Axxxxxx North America Inc. 4000 XXX Xxxx. Suite 550 Denver, CO 80237 USA Tel: 1 (000) 000-0000 Fax 1 (000) 000-0000 Website: wxx.XxxxxXxxxXxxxxxx.xxx Should there be a Change of Control (as defined in the AGA Agreement) and your employment is terminated by the Company within six months of that Change of Control (other than for cause) or you resign from your employment within six months of that Change of Control due to a material diminution in your salary or title (collectively “Change in Control Separation”), your share buyout as stipulated in this clause 3 that have not yet vested, will be accelerated to the date of Change of Control and paid out to you. The share buyout award described in this clause 3 shall be in addition to, and not reduce, any compensation set forth in the AGA Agreement. All other terms and conditions remain unchanged. Please acknowledge receipt of this letter and acceptance of the terms and conditions contained therein by signing this copy. Yours sincerely, /s/ A Cxxxxxxx AXXXXXX XXXXXXXX CHIEF EXECUTIVE OFFICER Axxxxx and Accepted /s/ G Xxxxx 29/8/22 -------------------------------- -------------------------------- Mx Xxxxxxx Xxxxx Dated

Related to Share Buy

  • Share Purchase Subject to the terms and conditions of this Agreement, at the Closing (as defined in Section 2.1 below) to be held pursuant to Section 2 below, the Seller shall sell, assign, transfer, convey and deliver to Buyer, and Buyer shall purchase and acquire from the Seller, good and marketable title to the Shares, free and clear of all mortgages, liens, encumbrances, claims, equities and obligations to other persons of every kind and character, except that the Shares will be “restricted securities” as defined in the Securities Act of 1933, as amended (the “Securities Act”). The purchase price for the Shares shall be $152,500, payable to the Seller (the “Purchase Price”).

  • Shareholder Rights Plan No claim will be made or enforced by the Company or, with the consent of the Company, any other Person, that any Purchaser is an “Acquiring Person” under any control share acquisition, business combination, poison pill (including any distribution under a rights agreement) or similar anti-takeover plan or arrangement in effect or hereafter adopted by the Company, or that any Purchaser could be deemed to trigger the provisions of any such plan or arrangement, by virtue of receiving Securities under the Transaction Documents or under any other agreement between the Company and the Purchasers.

  • Common Shares 4 Company...................................................................................... 4

  • Shareholder Rights Plans If the Company has a shareholder rights plan in effect upon conversion of the Notes, each share of Common Stock, if any, issued upon such conversion shall be entitled to receive the appropriate number of rights, if any, and the certificates representing the Common Stock issued upon such conversion shall bear such legends, if any, in each case as may be provided by the terms of any such shareholder rights plan, as the same may be amended from time to time. However, if, prior to any conversion of Notes, the rights have separated from the shares of Common Stock in accordance with the provisions of the applicable shareholder rights plan, the Conversion Rate shall be adjusted at the time of separation as if the Company distributed to all or substantially all holders of the Common Stock Distributed Property as provided in Section 14.05(c), subject to readjustment in the event of the expiration, termination or redemption of such rights.

  • Parent Shares All of the Parent Shares issuable in accordance with this Agreement will be, when so issued, duly authorized, validly issued, fully paid and non-assessable and free and clear of any liens (other than those created under federal and state securities laws or the Voting Agreement) and not subject to preemptive or other similar rights of the stockholders of Parent.

  • Parent Shareholder Approval The Parent Shareholder Approval shall have been obtained.

  • Share Purchase Agreement 6- --------------------------------------------------------------------------------

  • New Shares Stockholder agrees that any shares of Company Capital Stock that Stockholder purchases or with respect to which Stockholder otherwise acquires beneficial ownership after the date of this Agreement and prior to the Expiration Date (“New Shares”) shall be subject to the terms and conditions of this Agreement to the same extent as if they constituted Shares.

  • Company Shareholder Approval The Company Shareholder Approval shall have been obtained.

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