IPO Closing Date definition

IPO Closing Date means the closing date of the IPO.

IPO Closing Date means the date on which the Company first receives payment for the shares of Common Stock it sells in the IPO.

IPO Closing Date means the first date on which the proceeds of any sale of KBR Common Stock to the underwriters in the IPO are received.

Examples of IPO Closing Date in a sentence

• The Chief Executive Officer is expected to meet a base salary multiple of 4x within three years of the later of the IPO Closing Date and the date of the Chief Executive Officer’s appointment to such position.

• On the IPO Closing Date, upon the payment by the Purchaser of the Purchase Price, by wire transfer of immediately available funds to the Company, the Company, at its option, shall deliver a certificate evidencing the Private Placement Warrants purchased on such date duly registered in the Purchaser’s name to the Purchaser or effect such delivery in book-entry form.

• On the IPO Closing Date, we adopted the LTIP to allow for a variety of equity based awards that provide different types of incentives to be granted to certain of our directors, executive officers, employees and/or consultants (options, performance share units (“PSUs”), restricted share units (“RSUs”) and deferred share units (“DSUs”)).

• Directors who receive compensation from the Company are expected to meet an annual retainer multiple of 2x annual retainer within three years of the later of the IPO Closing Date and their election to the Board.

• All other executive officers are expected to meet a base salary multiple of 2x within three years of the later of the IPO Closing Date, and the date of their appointment to an executive position.

More Definitions of IPO Closing Date

IPO Closing Date means the closing date of the IPO, which for the avoidance of doubt means the date on which all IPO Net Proceeds required to be delivered pursuant to the Underwriting Agreement have been delivered to the Corporation in respect of its sale of Class A Common Stock excluding any proceeds from the Over-Allotment Option which may be delivered at a subsequent date following exercise of such option.

IPO Closing Date means the date on which the Parent first receives payment for the Parent Shares it sells to the Underwriter in the IPO.

IPO Closing Date means the date on which RW first receives payment for the shares of RW Common Stock it sells to the Underwriter in the IPO.

IPO Closing Date has the meaning given to such term in the Reorganization Agreement.

IPO Closing Date means the first date on which Common Units were sold by the Partnership to the IPO Underwriters pursuant to the provisions of the Underwriting Agreement.

IPO Closing Date has the meaning set forth in the Section 3.3 hereof.

IPO Closing Date means the earlier to occur of (A) the date of consummation of the Company’s IPO or (B) if prior to the Company’s IPO, a Change of Control Transaction is completed with a successor corporation that is not then Publicly Traded, the date of consummation of such successor corporation’s IPO.