Holding Date definition
Examples of Holding Date in a sentence
You agree that with respect to the Applicable Holding Shares you may not transfer, sell, pledge, hypothecate or otherwise dispose of such Applicable Holding Shares until the Holding Date; provided that the requirements set forth in this Section 14 shall immediately lapse and be of no further force and effect upon your death, Disability or termination of employment by Capital One without Cause or for Good Reason following a Change of Control, pursuant to Section 2(c).
For the avoidance of doubt, any breach of this Agreement by Acucela after the Holding Date, regardless of the number of Acucela Securities then-held by the Otsuka Purchasers, shall not be deemed to be a breach of the Collaboration Agreement.
You agree that with respect to the Applicable Holding Shares you may not transfer, sell, pledge, hypothecate or otherwise dispose of such Applicable Holding Shares until the Holding Date; provided that the requirements set forth in this Section 14 shall immediately lapse and be of no further force and effect upon your death, Disability or termination of employment by Capital One without Cause or by you for Good Reason following a Change of Control, pursuant to Section 2(c).
The Participant agrees that with respect to the Applicable Holding Shares, the Participant may not transfer, sell, pledge, hypothecate or otherwise dispose of such Applicable Holding Shares until the Holding Date.
In addition to the restrictions set forth in Section 4(d)(1) above, for a period of two years following the Lapse Date (or, if later, for two years following the expiration of the Employment Term) (the "Holding Date"), Executive shall be required to hold (and shall not be permitted to Transfer) 1,000,000 Net Shares.
The purchase price per share shall the Fair Market Value on the date of Participant’s termination of employment; provided, however, that if Participant’s termination of employment occurred prior to the Minimum Holding Date, then the purchase price per share shall be Fair Market Value on the Minimum Holding Date and the redemption shall occur effective as of the Minimum Holding Date.
You agree that with respect to the Applicable Holding Shares (as defined below) you may not transfer, sell, pledge, hypothecate or otherwise dispose of such Applicable Holding Shares until the Holding Date (as defined below); provided that the requirements set forth in this Section 12 shall immediately lapse and be of no further force and effect upon your death, Disability or termination of employment by Capital One without Cause or for Good Reason following a Change of Control, pursuant to Section 2(d).
After the Minimum Holding Date, a Participant may furnish the Company with a written notice requesting that the Company redeem Shares under this Section 2.9. The Company shall have the right, in its sole discretion, to accept Participant’s offer within 90 days after the date the Company receives the written notice.
Notwithstanding Section 2.2, the Company may not exercise its right of first refusal until the Minimum Holding Date and, accordingly, the Company’s right of first refusal under Section 2.2 will continue through the Minimum Holding Date, subject to Section 2.2(c).