IDF Common Stock definition
Examples of IDF Common Stock in a sentence
Such Exercise Price was calculated based upon the conversion price per share into which convertible notes issued to private placement investors (including Employee) on the Effective Date of this Agreement may be converted directly or indirectly into a share of IDF Common Stock, and the exercise price for which such Options were approved by the Board.
The Exercise Price of the Options and number of Option Shares are subject to adjustment for subdivisions or splits, combinations, or reclassifications of the IDF Common Stock.
The Employee has been awarded options (the "Options") to purchase a maximum aggregate of Two Hundred and Eighty - Five Thousand Five Hundred and Seventeen (285,517) shares of the common stock, $0.001 par value per share (the "IDF Common Stock") of IDF (the "Option Shares") at an exercise price equal to $1.25 per share (the "Exercise Price").
At the Closing, the Enterprises Group shall have received stock certificates evidencing the appropriate number of shares of AUGI Series B-3 Preferred Stock, and IDF Common Stock.
The Employee has been awarded options (the "Options") to purchase a maximum aggregate of Two Hundred and Eighty Five Thousand Five Hundred and Seventeen (285,517) shares of the common stock, $0.001 par value per share (the "IDF Common Stock") of IDF (the "Option Shares") at an exercise price equal to $1.25 per share (the "Exercise Price").
AUGI also agrees to vote its shares of IDF Common Stock to elect Messrs.
As at the Closing Date, the Enterprises Group shall have complied in full with its covenants and agreements contained herein, including payment of the purchase prices for the AUGI Series B-3 Preferred Stock, the AUGI Warrants, the IDF Common Stock, the IDF Warrants and the WPEC Warrants being purchased by the Enterprises Group pursuant to this Agreement.
IDF shall sell to the Enterprises Group and the Enterprises Group shall purchase from IDF a minimum of 200,000 shares of authorized and previously unissued shares of the Common Stock, $.01 par value per share, of IDF (the "IDF Common Stock"), for a purchase price of $1.25 per share, or an aggregate of $250,000 for all 200,000 shares of IDF Common Stock.
In addition, IDF shall sell to the Enterprises Group, for an aggregate of $300.00, and the Enterprises Group shall purchase from IDF, warrants to purchase an aggregate of 300,000 shares of IDF Common Stock (the "IDF Warrants").
IDF shall have delivered to AUGI, upon the consummation of the Merger, certificates of IDF Common Stock representing the full Merger Consideration.