Pubco Proportionate Voting Shares definition

Pubco Proportionate Voting Shares means Class B proportionate voting shares of Pubco which will have substantially the same special rights and restrictions as the Resulting Issuer Proportionate Voting Shares;
Pubco Proportionate Voting Shares each convertible under their terms into 200 Pubco Subordinate Voting Shares;
Pubco Proportionate Voting Shares is defined in the recitals to this Agreement.

Examples of Pubco Proportionate Voting Shares in a sentence

  • All such Pubco Proportionate Voting Shares and/or Pubco Subordinate Voting Shares shall be duly authorized and validly issued as fully paid and non-assessable and shall be free and clear of any lien, claim and encumbrance.

  • The accrued expenses were paid just like four days after February.

  • For the avoidance of doubt, the Company shall be expressly authorized to issue Units (i) in accordance with the terms of any such Equity Plan, or (ii) in an amount equal to the number of Pubco Subordinate Voting Shares or Pubco Proportionate Voting Shares issued pursuant to any such Equity Plan, without any further act, approval or vote of any Member or any other Persons.

  • Nothing in this Agreement shall be construed or applied to preclude or restrain Pubco from adopting, modifying or terminating an Equity Plan or from issuing Pubco Subordinate Voting Shares or Pubco Proportionate Voting Shares pursuant to any such Equity Plans.

  • Pubco may implement such Equity Plans and any actions taken under such Equity Plans (such as the grant or exercise of options to acquire Pubco Subordinate Voting Shares or Pubco Proportionate Voting Shares, or the issuance of Unvested Corporate Shares), whether taken with respect to or by an employee or other service provider of Pubco, PC Corp, the Company or its Subsidiaries, in a manner determined by Pubco in its sole discretion.


More Definitions of Pubco Proportionate Voting Shares

Pubco Proportionate Voting Shares means the newly created Class C proportionate voting shares in the capital of Pubco, with each such share consisting of (i) ten (10) votes allowed per share thereof, and (ii) immediately upon the date that is twelve (12) months from the Closing Date, be convertible into Resulting Issuer Subordinate Voting Shares at a ratio of ten (10) Resulting Issuer Subordinate Voting Shares for every one (1) Pubco Proportionate Voting Share;” and all references to “Pubco Class C Common Shares” are deleted and replaced with “Pubco Proportionate Voting Shares”.
Pubco Proportionate Voting Shares is defined in the recitals to this Agreement. “Pubco Subordinate Voting Shares” is defined in the recitals to this Agreement. “Public Listing” is defined in the recitals to this Agreement.

Related to Pubco Proportionate Voting Shares

  • Dissenting Shareholders means registered Shareholders who validly exercise the rights of dissent provided to them under the Interim Order;