Examples of Contribution Agreements in a sentence
In consideration for the Contribution in Kind, upon the registration by the Registrar of the transfer of the S1 Shares and the S2 Shares to Axalto in the Gemplus share register, Axalto shall issue, in accordance with the Contribution Agreements, 21,985,104 newly issued shares of Axalto Common Stock (the "CONSIDERATION SHARES") to S1 and S2, allocated as set forth opposite their respective names in EXHIBIT 2.3, pursuant to the Exchange Ratio.
Following expiration of the Lock-Up Period, the Parties acknowledge and agree that each of S1 and S2 shall have the right to dispose, at any time, any or all of the shares of Gemalto Common Stock received in connection with the Contribution in Kind, subject to restrictions imposed by Law, and as set forth in the Contribution Agreements.