Examples of MIP Participants in a sentence
The initial percentage (and no other terms and conditions) of the Management Incentive Plan allocable to the MIP Participants shall be determined by the Creditors’ Committee and identified in the Plan Supplement, and such initial percentage will be allocated by the New Board within sixty (60) days following the Effective Date.
Any disputes that may arise under this Agreement shall be resolved by the parties’ respective executive officers, or their designees.
The number of ADVANZ PHARMA Shares to be issued to the MIP Participants shall be such number as has an aggregate value equal to 7.59 per cent.
Any ADVANZ PHARMA Shares that are issued to MIP Participants after the Scheme Record Time shall, subject to the Scheme becoming Effective and the proposed amendments to the Articles of Association being approved at the General Meeting, be immediately transferred to Bidco in consideration for payment of the Cash Offer.
A summary of the effect of the Scheme on the shares in MIPCo (“MIPCo Shares”) which MIP Participants hold under the Management Incentive Plan is set out below.MIP Participants are entitled under the Exchange Rights Agreement to exchange their MIPCo Shares for ADVANZ PHARMA Shares in certain circumstances, including a change of control, such as the Acquisition.