Examples of Euroco in a sentence
Upon, and as a result of, consummation of the Effectuating Transactions, New NTL and its subsidiaries shall be separated from Euroco and those of its subsidiaries that are not also subsidiaries of New NTL.
The Euroco Management Incentive Options shall be issued by Euroco in accordance with the Euroco Management Incentive Plan to be adopted by the compensation committee of the board of directors of Euroco on or after the Effective Date.
Upon consummation of the Effectuating Transactions, New NTL and its subsidiaries shall be separated from Euroco and those of its subsidiaries that are not also subsidiaries of New NTL.
Euroco shall reserve up to two million shares of Euroco Common Stock for issuance pursuant to the Euroco Management Incentive Plan without further act or action under applicable law, regulation, order, or rule.
Under the Euroco Management Incentive Plan, options to purchase up to 10% of the issued and outstanding shares of Euroco Common Stock as of the Effective Date may be granted from time to time to certain employees of Euroco and, on the Effective Date, Euroco shall reserve up to 2 million shares of Euroco Common Stock for issuance under the Euroco Management Incentive Plan.
Euroco will enter into the Euroco Registration Rights Agreement governing the registration of shares of Euroco Common Stock and Euroco Preferred Stock in the form of Exhibit L to this Plan.
The earlier of the events described in clauses (a) and (b) above to occur shall be the "Euroco Stockholder Rights Distribution Date." In no event, however, shall the separation of the Euroco Stockholder Right from the Euroco Common Stock occur prior to the Effective Date.
The Euroco Stock Acquisition Date could occur as early as the Effective Date.
The New Securities authorized pursuant to Article IV.C.2.b.i hereof shall be issued by Euroco pursuant to this Plan without further act or action under applicable law, regulation, order, or rule; provided, however, that notwithstanding any provision to the contrary contained in this Plan, the Euroco Common Stock and Euroco Preferred Stock shall be issued prior to the exchange of NTL Delaware's Subsidiary Common Stock Interests in NTL CC.
On the Effective Date, Euroco shall (i) be a reporting company under the Exchange Act, (ii) cause the shares of Euroco Common Stock to be quoted in the national market system or small cap system of the National Association of Securities Dealers' Automated Quotation System or, if Euroco is unable to have the Euroco Common Stock so quoted, listed or quoted on a securities exchange or quotation system agreed between NTL Inc.