Additional Merger Consideration Defined Clause Samples
Additional Merger Consideration Defined. The "Additional Merger Consideration" shall consist of a fraction equal to .4286 shares of SB Merger Common Stock for each Eligible SB Merger Share. "Eligible SB Merger Shares" consist of: (A) shares of SB Merger Common Stock issued in respect of shares of RxBazaar Common Stock issued and outstanding as of the Effective Time; (B) shares of SB Merger Series B Stock issued in respect of shares of RxBazaar Series A Stock issued and outstanding as of the Effective Time; and (C) shares of SB Merger Common Stock reserved for issuance upon exercise or conversion of RxBazaar Stock Options assumed by SB Merger pursuant to Section 1(h)(4) above.
