CIBER Shares definition

CIBER Shares means unencumbered, freely transferable shares of common stock of par value US$ 0.01 (one cent) each, credited as fully paid, in the capital of CIBER, Inc. ranking equally with the other shares issued in CIBER, Inc., registered under the United States Securities Act of 1933, which trade on the New York Stock Exchange under the symbol “CBR”, to be issued to the Sellers in satisfaction of part of the Purchase Price.
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Examples of CIBER Shares in a sentence

  • If any of the representations and warranties made by CIBER in Clause 8 is partially to a material extent or wholly incomplete or inaccurate, the Sellers shall have the exclusive remedy to demand payment of the entire Purchase Price in cash in the amount as determined in accordance with Clause 3.1 and accordingly to require the amount of the Purchase Price represented by the CIBER Shares to be paid in cash against retransfer and redelivery of the CIBER Shares to CIBER, Inc.

  • The CIBER Shares have been issued, will be unencumbered, freely transferable shares of common stock of par value US$ 0.01 (one cent) each, duly authorized and issued by CIBER, Inc., credited as fully paid, ranking equally with the other shares issued in CIBER, Inc., registered under the Securities Act and admitted for trading on The New York Stock Exchange, Inc.