Examples of Initial Contribution Date in a sentence
If the Company pays a cash dividend on the Stock and the record date for such cash dividend occurs on or after the Initial Contribution Date and prior to the Trigger Date, then the Executive shall be entitled to a payment in cash, on a current basis, equal to the amount per share of Stock of such cash dividend multiplied by the number of Stock Units credited to the Executive’s Account, and not forfeited pursuant to Section 3 of this Agreement, as of the applicable record date for such cash dividend.
The Transferor is the sole owner of the Intangible Transition Property being sold to the Seller on the Initial Contribution Date or Subsequent Contribution Date, as applicable; the Transferred Intangible Transition Property has been validly transferred and sold to the Seller free and clear of all Liens other than Liens contemplated hereby.
The investment period is from the Initial Contribution Date to the 3rd anniversary of the Initial Contribution Date.
As of the Initial Contribution Date and as of any Subsequent Contribution Date, as applicable, the Transferor makes the following representations and warranties on which the Seller has relied and will rely in acquiring Transferred Intangible Transition Property.
On the Initial Contribution Date and on each anniversary thereof during the Employment Period (as defined in the Employment Agreement) that occurs on or before the Trigger Date, excluding, however, any such anniversary occurring during the Extension Period (as defined in the Employment Agreement), the Company shall credit to the Account a number of Stock Units, which, when multiplied by the Stock Price on such date, has an aggregate value equal to $450,000.