Examples of LDS in a sentence
The exercise price payable by Holder for any partial exercise of the Option shall be pro rata to the number of Target Shares to be purchased by Holder upon such partial exercise, with Holder issuing and depositing into escrow a proportionate number of LDS Shares pro rata to the total number of Target Shares to be purchased.
On each anniversary date of the closing thereafter, the Escrow Agent shall release Five Hundred Thousand (500,000) LDS Shares to Shareholder and Holder shall pay to Shareholder the sum of Two Hundred Thousand Dollars ($200,000.00).
If, and only if, Xxxxxx gives Shareholder written notice of intention to exercise the option after January 31, 2018 and on or before January 31, 2019 at 5:00 p.m. Pacific Daylight Time, then Holder and Shareholder shall enter into a Stock Purchase Agreement for the Target Shares for a total consideration of Two Million Five Hundred Thousand (2,500,000) LDS Shares and One Million Dollars ($1,000,000.00).