No Common Shares Sample Clauses

No Common Shares. Issued Until after June 26, 2006. If your Restricted Stock Units vest, the Common Shares that underlie your Restricted Stock Units will be issued on June 26, 2006 (the period beginning on the Grant Date and ending on June 26, 2006 is referred to in this Agreement as the "Restricted Period"). No Common Shares will be issued at the time your Award is granted, and the Company will not be required to set aside a fund for the payment of your Award.
No Common Shares. The Purchaser does not own, beneficially or otherwise, any Common Shares or Common Share Equivalents.
No Common Shares. Issued Until after June 26, 2006 and Termination of Employment. If your Restricted Stock Units vest, the Common Shares that underlie your Restricted Stock Units will be issued on the later of (a) the 15th day (or, if such day is not a business day, the next business day) after your termination of employment with the Company and (b) June 26, 2006 (the period beginning on the Grant Date and ending on the later of (a) and (b) is referred to in this Annex as the "Restricted Period"). No Common Shares will be issued at the time your Award is granted, and the Company will not be required to set aside a fund for the payment of your Award.

Related to No Common Shares

  • Common Shares 4 Company...................................................................................... 4

  • Fractional Shares of Common Stock (a) The Company shall not issue fractions of Warrants or distribute Warrant Certificates which evidence fractional Warrants. Whenever any fractional Warrant would otherwise be required to be issued or distributed, the actual issuance or distribution shall reflect a rounding of such fraction to the nearest whole Warrant (rounded down).

  • Ordinary Shares The Ordinary Shares included in the Units have been duly authorized and, when issued and delivered against payment for the Offered Securities by the Underwriters pursuant to this Agreement and registered in the Company’s register of members, will be validly issued, fully paid and non-assessable. The holders of such Ordinary Shares are not and will not be subject to personal liability by reason of being such holders; such Ordinary Shares are not and will not be subject to any preemptive or other similar contractual rights granted by the Company.

  • Common Stock 1 Company........................................................................1

  • Shares of Common Stock The Company shall have duly reserved the number of Debenture Shares required by this Agreement and the Transaction Documents to be reserved upon the conversion of the Debentures acquired by the Purchaser on the First Closing Date;

  • Shares The term “

  • Purchaser Common Stock Each share of common stock, par value $0.001 per share, of the Purchaser (the “Purchaser Common Stock”) issued and outstanding immediately prior to the Effective Time shall be converted into and become one newly and validly issued, fully paid and nonassessable share of common stock of the Surviving Corporation.

  • Merger Sub Common Stock At the Effective Time, each share of common stock, par value $0.01 per share, of Merger Sub (“Merger Sub Common Stock”) issued and outstanding immediately prior to the Effective Time shall be automatically converted into one fully paid and nonassessable share of common stock, par value $0.01 per share, of the Surviving Corporation.

  • Company Stock The Certificates and stock powers, duly endorsed, transferring the Company Stock to Subsidiary and the officer and director resignations required in Section 4.6;

  • Parent Shares All of the Parent Shares issuable in accordance with this Agreement will be, when so issued, duly authorized, validly issued, fully paid and non-assessable and free and clear of any liens (other than those created under federal and state securities laws or the Voting Agreement) and not subject to preemptive or other similar rights of the stockholders of Parent.

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