Evertrust definition
Examples of Evertrust in a sentence
The Company is reviewing the calculation of the shares that were issued for Evertrust.
If additional shares are issued in connection with the acquisition of AESign Evertrust as indicated in the Notes to Exhibit A, the Warrant Price shall be reduced to equal the revised Parent Share Value (as defined in the Purchase Agreement, dated March 14, 2005, among the Company, AESign Evertrust, Inc.
To the extent that any assignment or transfer was made by such Evertrust Seller, such Evertrust Seller shall indemnify, defend and hold harmless the Company and its affiliates from and against any claims based upon or arising in connection with any such prior assignment or transfer, or purported assignment or transfer, of any claims or other matters released herein.
Under Section 3.1(c) of the Warrant, if additional shares were issued in connection with the acquisition of AESign Evertrust as indicated in the Notes to Exhibit A to the Warrant, the Warrant Price (as defined in the Warrant) and the number of shares issuable upon exercise of the Warrant were subject to adjustment as provided therein.
This Agreement shall not be assigned by any of the Evertrust Sellers without the prior written consent of the Company.
The Evertrust Seller is receiving the Shares for such person’s own account, and not for the benefit others, for investment, and not with a view to, or for sale or other disposition in connection with, any distribution thereof, nor with any present intention of selling or otherwise disposing of the same.
The Evertrust Sellers each covenant that at any time, and from time to time, he or she will execute such additional instruments and take such actions as may be reasonably requested by the Company to confirm or perfect or otherwise carry out the intent and purposes of this Agreement.
The Company, Nexsan Sub, and Evertrust represent and warrant that the execution, delivery and performance of this Agreement and the issuance of the Shares hereunder have been authorized by all necessary corporate action and constitute the legal, valid and binding obligations of the Company, Nexsan Sub, and Evertrust, as the case may be, enforceable against each of them in accordance with its terms.
Delamore and the Other Evertrust Sellers hereby acknowledge and confirm receipt of the shares of Common Stock identified on Schedule A and G▇▇▇▇▇▇ hereby acknowledges and confirms receipt of 1,282,888 Exchangeable Shares.
The Company is reviewing the calculation of the options that were issued to two employees of Evertrust.