Common use of IPO Date Clause in Contracts

IPO Date. As used herein, the term “IPO Date” shall mean the date on which the Company shall consummate an underwritten public offering of Common Stock registered under the Securities Act of 1933, as amended, and as a result of which the Common Stock is authorized for trading in an automated interdealer quotation system of a registered national securities association or is listed for trading on a national securities exchange.

Appears in 2 contracts

Sources: Nonqualified Stock Option Agreement (Franklin Bank Corp), Incentive Stock Option Agreement (Franklin Bank Corp)