Examples of PSC Common Stock in a sentence
The Company's contributions consisted of stock in Consumers Water Company and subsequent to March 10, 1998 consist of PSC Common Stock.
Subject to compliance with applicable state and federal securities laws, the Plan also permits participants to acquire an interest in the Company's Common Stock (PSC Common Stock, subsequent to March 10, 1999).
Subsequent to the conversion to PSC Common Stock, all employee and employer contributions previously invested in the Company's Common Stock will be invested in PSC's Common Stock.
Employer Common Stock This fund invests in the common shares of the Company (PSC Common Stock subsequent to March 10, 1999).
From September 29, 1995 and until the Closing and excluding the shares of PSC Stock to be issued pursuant to this Agreement and the Petralli Shares, PSC has not undertaken any stock split, stock dividend or other stock distribution or other stock recapitalization involving the PSC Common Stock and there have been no issuances of PSC common stock except pursuant to various stock plans, option plans, bonus or compensation arrangements or other employee benefit plans.
Parent has heretofore furnished Seller with its Prospectus dated March 20, 1996 with respect to the offer and sale of 2,200,000 shares of Parent Common Stock (the "Prospectus"); SEC Form 10Q of Parent for the quarters ended March 31, 1997; June 30, 1997 and September 30, 1997; and its draft Registration Statement on Form S-1 dated [December __, 1997] relating to the offer and sale of [2,000,000] shares of PSC Common Stock.
After the Effective Time, there shall be no transfers on the stock transfer books of PSC or the Surviving Corporation of shares of PSC Common Stock.
Notwithstanding anything herein contained, the Borrower shall in no case be required to issue fractional PSC Common Stock upon the conversion of any PIK Loan.
That there is no plan or intention on the part of Consumers' shareholders to sell, exchange or otherwise dispose of the shares of PSC Common Stock to be received in the Merger that will reduce Consumers' shareholders' holdings to a number of shares of PSC Common Stock having a value as of the date of the Closing, of less than fifty percent (50%) of the value of all of the formerly outstanding stock of Consumers as of the same date.
Each PIK Lender that has exercised its conversion privilege with respect to a portion of its PIK Loan, shall receive a new PIK Note duly executed and delivered by the Borrower to such PIK Lender evidencing the portion of the Principal Amount of such PIK Lender's PIK Loans that was not converted into PSC Common Stock as provided in this Section 1.07.