CONDITIONALITY. 4.1 The obligations in this Agreement (save for the covenants in clauses 13 and 14) are unless otherwise specified conditional upon:
CONDITIONALITY. The right of the Investor to purchase shares in the Private Placement under this Section 1 shall be conditioned, in each case, upon the completion of the Qualified IPO. The Company may withdraw any registration statement for a Qualified IPO at any time without thereby incurring any liability to the Investor or any permitted assignee of the Investor or other party that has been apportioned rights hereunder.
CONDITIONALITY. The vesting and payment of any Additional Payments, if any, are subject to the following conditions being cumulatively fulfilled on the respective due dates: · the Employment Agreement has not ended (e.g. by notice of termination issued either by the Company or the Employee, mutual agreement, retirement, death, disability or otherwise); · no notice of termination has been given under this Employment Agreement by either the Employee or the Company; · the Employee is not in a material breach of any of his obligations under the Employment Agreement;
CONDITIONALITY. Clauses 2 to 13 of this Deed (inclusive) are conditional upon and shall be effective as from an underwritten public offering of shares in the Company pursuant to an effective registration statement under the Securities Act of 1933, as amended, covering the offer and sale of any securities of the Company on a U.S. exchange including, without limitation, the New York Stock Exchange (the “IPO”, the effective date of the IPO being the “Effective Date”). In the instance that the IPO does not take place on or before [●], this Deed will automatically terminate without liability to the parties.