Contribution Shares definition
Examples of Contribution Shares in a sentence
For the avoidance of doubt, in such event, Investor shall have no claim against Parent other than the right to receive such Rollover Shares and Cash Contribution, as applicable, upon return of the Equity Contribution Shares and/or Cash Contribution Shares.
For purposes of each provision of this Agreement other than this Section 2.2(d) any Additional Liberty Shares issued and delivered pursuant to this Section 2.2(d) shall be deemed to be Liberty Contribution Shares.
For the avoidance of doubt, the Contribution Shares shall remain as Class B Shares when they are transferred to Parent under the Contribution Agreement.
The undersigned’s obligation to transfer, contribute and deliver the Rollover Contribution Shares to Parent is subject to the satisfaction or waiver by Parent of the conditions precedent to Parent’s and M▇▇▇▇▇ Sub’s obligation to effect the Closing and the terms of this letter, and will occur contemporaneous with the Closing and immediately prior to the Effective Time and the simultaneous issuance to the undersigned of the Subject Equity Securities.
The undersigned’s obligation to transfer, contribute and deliver the Rollover Contribution Shares will terminate automatically and immediately upon the earliest to occur of (a) the termination of the Merger Agreement in accordance with the terms thereof, and (b) if the undersigned and Vector Capital agree to terminate this letter.