Contingent Equity definition

Contingent Equity means Equity, in addition to Base Equity and advances under the Subordinated Funding Agreement, in an amount equal to the sum of:
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Contingent Equity shall have the meaning ascribed thereto in Section 2.1(c)(i) (Contingent Equity).
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Contingent Equity means the amount of any Equity Assessments paid by an Affiliate, which shall become Equity after the Affiliate has paid all of the Membership Fees required to become a Member.
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Examples of Contingent Equity in a sentence

  • This Repurchase Right will lapse in accordance with the vesting schedule set forth in the Contingent Equity Agreement.

  • If your employment with the Company is terminated by you for any reason, then the then unvested portion of the shares of restricted stock awarded to you under the 2008 Restricted Stock Agreement shall remain in effect until the vesting period set forth in the Contingent Equity Agreement expires; subject to you not violating the provisions set forth above under the headings Non-Competition, Non-Disparagement and No Cooperation.

  • For the purposes of clarity, in the event of (1) a Corporate Reorganization in which the Company or the Company’s stockholders will receive less than $500,000,000; (2) a firm commitment underwritten public offering of shares of Common Stock at a pre-money valuation of less than $500,000,000; or (3) any Corporate Reorganization or firm commitment underwritten public offering of shares of Common Stock occurring after September 30, 2014, the Founders shall not be entitled to receive any Contingent Equity.

  • It is further understood and agreed that in the event of a dispute between the provisions of the Contingent Equity Agreement and the provisions of the Plan, the provisions of the Contingent Equity Agreement shall control.

  • Nothing in the Contingent Equity Agreement, the Plan or this Agreement shall confer on Recipient any right to continue in the employ of, or other relationship with, the Company, or any Parent or Subsidiary, or limit in any way the right of the Company, to terminate Recipient’s employment or other relationship at any time, with or without cause.

  • Such stock option shall vest with respect to 125,000 shares on the date set forth in the Contingent Equity Agreement.

  • ViewRay entered into that certain Contingent Equity Agreement date as of January 8, 2008 (the “Contingent Equity Agreement”) by and among ViewRay and each of ▇▇▇▇▇ ▇.

  • The resolution of such a dispute by the Board or Compensation Committee shall be final and binding on the Company and Recipient; provided, that in the event the dispute concerns the Contingent Equity Agreement rather than this Agreement the dispute shall be resolved in accordance with the provisions of the Contingent Equity Agreement rather than this Agreement.

  • Unless otherwise defined herein, capitalized terms used herein shall have the meanings ascribed to them in the Contingent Equity Agreement or the Plan, as applicable.

  • This Agreement shall terminate and be of no further force and effect on the day that is the earliest to occur of (a) the Termination Date, (b) 5 days following the Conversion Date and (c) the date on which the Parent has funded its Maximum Available Equity Contribution Amount pursuant to Section 2.01(a) or (b) (including by way of draw under the Contingent Equity LC) (such earliest date being the “Support Termination Date”).


More Definitions of Contingent Equity

Contingent Equity means the amounts of Equity up to a maximum Base Currency Amount of, in aggregate, USD250,000,000 that the Sponsors are severally obliged to ensure are provided, upon the request of the Agent, to the Company in accordance with the Sponsor Group Shareholder’s Undertakings to which they are party.
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