Examples of Company Option Holders in a sentence
At the request of the Parent, the Company shall cooperate with the Parent to enter into a Company Option Contract with any one or more Company Option Holders (other than a Signing Date Consenting Stockholder), as designated by the Parent, with respect to one or more Company Options held by such Company Option Holder.
The Stockholders and Company Option Holders hereby appoint Stockholders’ Agent for the purposes and upon the terms and conditions hereinafter set forth, and each Stockholder and Company Option Holder shall be irrevocably bound by any action taken by Stockholders’ Agent in accordance herewith.
As of 2019, there were a total of 340 hotels offering 18,954 keys in the state, this depicts a CAGR of 9.2% and 6.0% in hotel and room supply respectively.
Company Option Holders listed on Section 6.09(d) of the Company Disclosure Schedule shall have executed and delivered the In-the-Money Option Holder Agreements and Out-of-the-Money Option Holder Agreements as specified on Section 6.09(d) of the Company Disclosure Schedule.
The Company shall obtain the consent of the Company Option Holders to the replacement of their Company Options, in the form attached hereto as Schedule E including their confirmation that they understand that there is no guarantee that the Replacement Options shall enjoy a preferred tax arrangement and that neither the Purchaser nor the Company are obligated towards the Option Holders to apply for any tax ruling.
The Company Option Plans and Company Options shall have been amended, supplemented or terminated to the extent requisite to permit the termination of the rights of the holders thereof to receive Company Common Stock or other securities or property of any Party or the Surviving Corporation other than the right to receive the Company Option Holders' Merger Consideration upon effectiveness of the Merger.
Parent acknowledges that the Stockholders’ Agent may have a conflict of interest with respect to its duties as Stockholders’ Agent, and in such regard the Stockholders’ Agent has informed Parent that it will act in the best interests of the Stockholders and Company Option Holders.
Prior to the Closing Date, Buyer will appoint a paying agent reasonably acceptable to the Company to act as paying agent in connection with the consideration to be paid to the Stockholders and Non-Employee Company Option Holders (the “Paying Agent”) pursuant to a paying agent agreement entered into between Buyer and the Paying Agent.
In no event will the Stockholders’ Agent be required to advance its own funds on behalf of the Stockholders or Company Option Holders or otherwise.
Stockholder Indemnitees shall not be entitled to indemnification under Section 9.3(a) for any Losses (individually or in the aggregate) in excess of the Escrow Amount (the “ Parent Cap ”) and no indemnification pursuant to such provisions shall be payable thereafter, except that the Parent Cap shall not apply to any payments required to be made by Parent or its Affiliates to or for the benefit of Stockholders or Company Option Holders pursuant to Article II or Article VII .