Release Notices. (a) The Earnout Escrow Agent shall disburse the Earnout Shares only in accordance with the Release Notice. Each such Release Notice shall set forth in reasonable detail the triggering event giving rise to the requested release and the specific release instructions with respect thereto (including the number of Earnout Shares to be released and the identity of the person to whom they should be released).
Appears in 4 contracts
Samples: Business Combination Agreement (StoneBridge Acquisition Corp.), Earnout Escrow Agreement (StoneBridge Acquisition Corp.), Earnout Escrow Agreement (Benson Hill, Inc.)
Release Notices. (a) The Earnout Escrow Agent shall disburse the Adjustment Escrow Shares and the Earnout Shares only in accordance with the Release Notice. Each such Release Notice shall set forth in reasonable detail the triggering event giving rise to the requested release and the specific release instructions with respect thereto (including the number of Adjustment Escrow Shares or Earnout Shares to be released and the identity of the person to whom they should be released).
Appears in 2 contracts
Samples: Joinder Agreement (Forum Merger III Corp), Escrow Agreement (Electric Last Mile Solutions, Inc.)
Release Notices. (a) The Earnout Escrow Agent shall disburse the Earnout Shares only in accordance with the Release Notice. Each such The Release Notice shall set forth in reasonable detail the triggering event giving rise to the requested release and the specific release instructions with respect thereto (including the number of Earnout Shares to be released and the identity of the person to whom they should be released).
Appears in 2 contracts
Samples: Merger Agreement (Revelstone Capital Acquisition Corp.), Merger Agreement (Revelstone Capital Acquisition Corp.)
Release Notices. (a) The Earnout Escrow Agent shall disburse the Earnout Shares only in accordance with the Release Notice. Each such Release Notice shall set forth in reasonable detail the triggering event giving rise to the requested release and the specific release instructions with respect thereto (including the number of Sponsor Earnout Shares and Stockholder Earnout Shares to be released and the identity of the person person(s) to whom they such Earnout Shares should be released).
Appears in 1 contract
Samples: Earnout Escrow Agreement (Falcon Capital Acquisition Corp.)
