Basis Price. 1.3.1. The BASIS PRICE shall be paid to the Seller at CLOSING in (i) USD 1,725,024 -- and (ii) 180,821 CONSIDERATION SHARES, valued at USD 58.30 each pursuant to Sec. 2. 1.3.2. Notwithstanding the previous Sec. 1.3.1., 56,055 out of the 180,821 CONSIDERATION SHARES shall be placed into ESCROW pursuant to Sec 1.5. 506 CONSIDERATION SHARES out of the 180,821 CONSIDERATION SHARES (being the CONSIDERATION SHARES to be placed into escrow by ▇▇▇▇▇▇ ▇▇▇▇▇) shall furthermore be placed into a separate escrow, pursuant to terms and conditions still to be negotiated, but substantially in accordance with the principles applying to the CONSIDERATION SHARES held in ESCROW pursuant to Sec. 1.5.2.(b).
Appears in 1 contract
Sources: Share Purchase Agreement (Entrust Technologies Inc)
Basis Price. 1.3.1. The BASIS PRICE shall be paid to the Seller at CLOSING in (i) USD 1,725,024 -- and (ii) 180,821 CONSIDERATION SHARES, valued at USD 58.30 each pursuant to Sec. 2.
1.3.2. Notwithstanding the previous Sec. 1.3.1., 56,055 22,369 out of the 180,821 CONSIDERATION SHARES shall be placed into ESCROW pursuant to Sec 1.5. 506 CONSIDERATION SHARES out of the 180,821 CONSIDERATION SHARES (being the CONSIDERATION SHARES to be placed into escrow by ▇▇▇▇▇▇ ▇▇▇▇▇) shall furthermore be placed into a separate escrow, pursuant to terms and conditions still to be negotiated, but substantially in accordance with the principles applying to the CONSIDERATION SHARES held in ESCROW pursuant to Sec. 1.5.2.(b).
Appears in 1 contract
Sources: Share Purchase Agreement (Entrust Technologies Inc)