Effective Time of the Exchange. (a) The Exchange shall occur and be deemed effective without any further action by the Company or Founder immediately upon the Effective Time.
Appears in 2 contracts
Samples: Exchange Agreement (Compass, Inc.), Exchange Agreement (Compass, Inc.)
Effective Time of the Exchange. (a) The Exchange shall occur and be deemed effective without any further action by the Company or Founder the Exchange Stockholders immediately upon following the Effective TimeTime and prior to the consummation of the sale of the shares of the Company’s capital stock in the IPO.
Appears in 2 contracts
Samples: Exchange Agreement (Robinhood Markets, Inc.), Exchange Agreement (Robinhood Markets, Inc.)
Effective Time of the Exchange. (a) The Exchange shall occur and be deemed effective without any further action by the Company or Founder the Exchange Stockholders immediately upon following the Effective TimeTime and prior to the consummation of the sale of the shares of the Company’s capital stock in the IPO as part of the closing thereof.
Appears in 2 contracts
Samples: Exchange Agreement (Recursion Pharmaceuticals, Inc.), Exchange Agreement (DoorDash Inc)
Effective Time of the Exchange. (a) The Exchange shall occur and be deemed effective without any further action by the Company or Founder immediately upon the Exchange Stockholders at the Effective TimeTime and prior to the consummation of the sale of the shares of the Company’s capital stock in the IPO as part of the closing thereof.
Appears in 2 contracts
Samples: Exchange Agreement (Blend Labs, Inc.), Exchange Agreement (Applovin Corp)
Effective Time of the Exchange. (a1) The Exchange shall occur and be deemed effective without any further action by the Company or Founder the Exchange Stockholders immediately upon following the Effective TimeTime and prior to the consummation of the sale of the shares of the Company’s capital stock in the IPO as part of the closing thereof.
Appears in 1 contract
Samples: Exchange Agreement (Recursion Pharmaceuticals, Inc.)
