Pace Stock definition
Pace Stock means the shares of Purchaser’s common stock, $0.10 par value, to be received by the Company Stockholders in payment of the Purchase Price for the Company Stock.
Examples of Pace Stock in a sentence
The Company Stockholders represent and warrant that they are acquiring the Pace Stock for their own accounts and not with a view to their distribution within the meaning of Section 2(11) of the Securities Act.
Each fraction of a share of Pace Stock shall be rounded to the nearest whole number.
No fraction of a share of Pace Stock will be issued in connection with the Sale.