Revised Offer Letter definition
Examples of Revised Offer Letter in a sentence
The Revised Offer and the provisions of this Revised Offer Letter shall remain irrevocable and binding on the Purchaser through 6:00 p.m., New York City Time, on January 31, 2009 (the “Expiration Time”); provided, however, that if as of such time, either of the conditions precedent set forth in Section 1(e) or 1(f) hereof shall have not been satisfied or waived in accordance with their terms, then the Expiration Time shall be automatically extended until 6:00 p.m., New York City Time, on April 30, 2009.
Nothing contained herein shall restrict the ability of any Party to disclose any information relating to this Revised Offer Letter and the transactions contemplated hereby (including the Transaction) as required by applicable Law, stock exchange or securities market rules or the rules of any self-regulatory body having competent jurisdiction.
Sections 8.5, 8.7 (subject to Section 8 hereof), 8.8, 8.10, 8.11 (subject to Section 5(g) hereof) and 8.13 of the Stock Purchase Agreement are incorporated herein by reference and shall be deemed to be Sections of this Revised Offer Letter (as if they were in effect) for all purposes.
Please acknowledge your receipt of, and your agreement with, the terms and conditions hereof by countersigning this Revised Offer Letter in the space provided below and returning an executed original of this Revised Offer Letter to us.
In consideration for my covenants in this Agreement, the Company agrees to pay me the consideration referenced in that certain Revised Offer Letter and Participation Agreement dated November 29, 2022 (the “Revised Offer Letter”), including but not limited to the increase in Base Salary referenced in Section 2 thereto and, as applicable, the CEO Transition Incentive Award referenced in Section 3 thereto and the Severance referenced in Section 4 thereto.
These payments shall be referred to as the “Consideration.” The Consideration shall be paid as, and to the extent, set forth in the Revised Offer Letter.
This Agreement, together with the Revised Offer Letter (as defined above), the Company’s Executive Change in Control and Severance Plan, Stock Option Grant 20-ISO under the Solid Power, Inc.
We look forward to the possibility of working together with you towards the successful completion of the Transaction in accordance with this Revised Offer Letter and the Stock Purchase Agreement.
This Revised Offer Letter is made pursuant to, and shall be construed and enforced in accordance with, the laws of the State of New York applicable to contracts made and performed in such state.