Common use of Fractional entitlements Clause in Contracts

Fractional entitlements. Fractional entitlements to the consideration offered under clause 4.1(a)(i) (B) will be rounded up to nearest whole number of shares of ▇▇▇▇▇▇ Common Stock, after aggregating all holdings of a Share Scheme Participant.

Appears in 1 contract

Sources: Restructure Implementation Agreement (Peplin Inc)

Fractional entitlements. Fractional entitlements to the consideration offered under clause 4.1(a)(i) (B4.2(a)(i)(B) will be rounded up to the nearest whole number of shares of P▇▇▇▇▇ Common Stock, Stock after aggregating all holdings of a Share Scheme ParticipantParticipant and, in each case, in a manner which avoids manipulation of holdings, take advantage of the rounding up entitlement.

Appears in 1 contract

Sources: Restructure Implementation Agreement (Peplin Inc)

Fractional entitlements. Fractional entitlements to the consideration offered under clause 4.1(a)(i4. 2(a)(i) (B) will be rounded up to the nearest whole number of shares of ▇▇▇▇▇▇ Common Stock, Stock after aggregating all holdings of a Share Scheme ParticipantParticipant and, in each case, in a manner which avoids manipulation of holdings, take advantage of the rounding up entitlement.

Appears in 1 contract

Sources: Restructure Implementation Agreement (Peplin Inc)

Fractional entitlements. Fractional entitlements to the consideration offered under clause 4.1(a)(i) (B4.1(a)(i)(B) will be rounded up to nearest whole number of shares of P▇▇▇▇▇ Common Stock, after aggregating all holdings of a Share Scheme Participant.

Appears in 1 contract

Sources: Restructure Implementation Agreement (Peplin Inc)