Deferred Stock Consideration definition

Deferred Stock Consideration has the meaning set forth in Section 2.4(a).
Deferred Stock Consideration means a total number of shares of Purchaser Common Stock equal to $5,600,000 (subject to appropriate adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization with respect to the Purchaser Common Stock) divided by the applicable Deferred Share Determination Price(s).
Deferred Stock Consideration means 514,579 shares of Common Stock, as adjusted in accordance with Schedule 11 and pursuant to Clause 3.4(c)(iii);

Examples of Deferred Stock Consideration in a sentence

  • Each Seller who otherwise would have been entitled to a fraction of a share of Parent Common Stock shall be entitled to receive, in lieu of such fractional share, an amount of cash (rounded to the nearest whole cent), without interest, based on the Closing Stock Price (with respect to the Initial Consideration), the Earnout Consideration Stock Price (with respect to any Earnout Consideration), or the Deferred Stock Consideration Stock Price (with respect to any Deferred Stock Consideration), as applicable.

  • The Deferred Stock Consideration shall be allocated among the Sellers in accordance with their respective Pro Rata Shares.

  • Any set-off applied to the Deferred Consideration Payment shall be applied first to the Deferred Cash Consideration portion of the relevant installment, and to the extent such Deferred Cash Consideration is insufficient, to the Deferred Stock Consideration portion.


More Definitions of Deferred Stock Consideration

Deferred Stock Consideration means as to each Deferred Stock Unit an amount in cash (less any applicable withholding Taxes and without interest) equal to the Per Share Merger Consideration.