Examples of Buyer Common Stock in a sentence
Any shares of Buyer Common Stock, or any other security convertible into or exercisable for any shares of Buyer Common Stock (“Buyer Securities”) that become (a) subject to the Employee Shareholders Agreement, (b) held through Buyer’s transfer agent and (c) “beneficially owned” (within the meaning of Rule 13d-3 under the Exchange Act) by a Covered Person after the date of this Agreement shall become “Specified Shares” within the meaning of this Agreement.
As of (i) June 21, 2024, there were 64,799,479 shares of Buyer Common Stock issued and outstanding and (ii) the date hereof, no shares of Buyer Preferred Stock are issued and outstanding.
In the event of any stock split, stock dividend, merger, amalgamation, reorganization, recapitalization or other change in the capital structure of Buyer affecting the Buyer Common Stock or other voting securities of Buyer, the number of Shares applicable to a Stockholder shall be deemed adjusted appropriately and this Agreement and the obligations hereunder shall attach to any additional shares of Buyer Common Stock or other Buyer Securities issued to or acquired by the Stockholders.
Any shares of Buyer Common Stock or any other Buyer Securities (other than Specified Shares) to which any Executive acquires record or beneficial ownership (within the meaning of Rule 13d-3 under the Exchange Act) after the date of this Agreement shall become “Executive Shares” within the meaning of this Agreement.
In the event of any stock split, stock dividend, merger, amalgamation, reorganization, recapitalization or other change in the capital structure of Buyer affecting the Buyer Common Stock or other voting securities of Buyer, the number of Specified Shares or Executive Shares, as applicable, shall be deemed adjusted appropriately and this Agreement and the obligations hereunder shall attach to such shares.