IDT Common Stock definition

IDT Common Stock means the IDT Class A Common Stock and the IDT Class B Common Stock.

IDT Common Stock means the outstanding shares of (i) common stock, $0.01 par value per share, (ii) Class A common stock, $0.01 par value per share, and (iii) Class B common stock, $0.01 par value per share, of IDT.

IDT Common Stock shall have the meaning specified in Section 3.1 of the Agreement. -----------

Examples of IDT Common Stock in a sentence

• In 2003, the project received an award from the Institute of Careers Guidance as well as a commendation in the National Training Awards in the Social Inclusion category.

• As of the date hereof, neither Company nor, to its Knowledge, any of its affiliates or associates (as such terms are defined under the Exchange Act), (a) beneficially owns, directly or indirectly, or (b) is party to any agreement, arrangement or understanding for the purpose of acquiring, holding, voting or disposing of, in each case, shares of IDT Common Stock, except for shares of IDT Common Stock in the aggregate representing less than 1% of the outstanding shares of IDT Common Stock.

• The total number of IDT Shares issuable in the Merger to Sellers, Technology Sellers and Employee Sellers shall be adjusted to reflect fully the effect of any stock split, reverse split, stock dividend or distribution (including any dividend or distribution of securities convertible into IDT Common Stock), reorganization, recapitalization or other change with respect to IDT Common Stock that occurs or is effective, or the record date for which is, on, as of or after the date hereof.

• Each Seller and Technology Seller shall execute a proxy naming Xxxxxx Xxxxx as the individual empowered to vote all of the shares of IDT Common Stock held in escrow pursuant to the Escrow Agreement.

• IDT will be entitled to place appropriate legends on the certificates evidencing any IDT Common Stock to be received by a Company Affiliate pursuant to the terms of this Agreement, and to issue appropriate stop transfer instructions to the transfer agent for IDT Common Stock, consistent with the terms of the Company Affiliate Agreements.

• Each Seller and Technology Seller is also aware that sales or transfers of IDT Common Stock is further restricted by the provisions of Section 5.12 of this Agreement and that the certificates for IDT Common Stock will bear appropriate legends restricting their transfer pursuant to applicable laws and this Agreement.

• Related Party Transactions (continued) Cross-investmentsThere were no cross-holdings between sub-funds within the Company as at 31 December 2019 and 31 December 2018.

• In lieu of the issuance of any such fractional share of IDT Common Stock, cash will be paid in respect of any fractional share of IDT Common Stock that would otherwise be issuable.

• The amount of such cash shall be the product of (i) such fraction of a share of IDT Common Stock (after aggregating all the shares of IDT Common Stock to be issued to a holder) multiplied by (ii) $6.

• Each Seller and Technology Seller is aware that the offer and sale of IDT Common Stock has not been registered under the Securities Act, that such offer and sale are intended to be exempt from registration under the Securities Act and the rules promulgated thereunder by the SEC, and that IDT Common Stock cannot be sold, assigned, transferred, or otherwise disposed of unless it is subsequently registered under the Act or an exemption from such registration is available.

More Definitions of IDT Common Stock

IDT Common Stock means subject to Section 2.7 Buyer's authorized common stock, $.01 par value per share, as constituted on the date of this Agreement, and any capital stock into which such common stock may hereafter be exchanged.