KKCG definition
Examples of KKCG in a sentence
KKCG undertakes to comply, and procures that its directors, officers and employees with whom any Company Information is shared, will comply, with the confidentiality undertaking contained in Section 10(a) and with all applicable laws, rules and regulations, including ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ laws and the Company’s internal regulations in this respect.
KKCG and the Company shall implement appropriate technical and organizational measures that prevent access of Company Information by any other KKCG employees.
In return, the Exchange Agent shall deliver (a) to KKCG the KKCG Stock Consideration received in the Recapitalization, (b) to KKCG the KKCG Cash Consideration in accordance with Section 2.6 and (c) to the PIPE Investors the PIPE Shares received in the Recapitalization.
Notwithstanding anything to the contrary in this Agreement, no assignment by KKCG shall be binding upon or obligate the Company unless and until the Company shall have received (i) notice of such assignment in accordance with this Section 10(g) and Section 10(e), and (ii) an executed written agreement of the assignee, in a form reasonably satisfactory to the Company, agreeing to be bound by the terms and provisions of this Agreement as fully as if it were an initial signatory hereto.
The Company, in accordance with its articles of association, shall issue Class B Shares to KKCG in an amount so that for every four Class A Shares transferred from KKCG to the Company, one Class B Share is issued to KKCG.
If for any reason the position of a KKCG Nominated Director becomes vacant, KKCG shall have the right to nominate a new KKCG Nominated Director in replacement thereof in accordance with this Agreement to be elected at the Company’s next annual general meeting.
KKCG may assign its rights hereunder, in whole or in part, in connection with a transfer of its Registrable Securities to [legal name of Valea Foundation].
KKCG shall support the election of all such Directors that have been so nominated.
The Company Share Capital Increase shall be effected by a contribution in kind of newly issued membership interests of US HoldCo to Swiss NewCo by the Exchange Agent accompanied by an intended acquisition in kind (beabsichtigte Sachübernahme) of Company Common Stock from KKCG against the issuance of Swiss NewCo Ordinary Shares and KKCG Cash Consideration as to be described in the Reorganization Plan.
The subscription rights of the other shareholders of the Company are excluded in favor of KKCG, in accordance with article 3b of the Company’s articles of association.