Rollover Election definition
Examples of Rollover Election in a sentence
On the date hereof, in connection with the contributions made to the Company pursuant to the Common Rollover Election contemplated by Section 2.6 of the Purchase & Contribution Agreement, Common Investor shall have made a contribution to the Company in the agreed upon amount of $ , being the Common Rollover Amount.
This Amendment shall be contingent upon the consummation of the Merger and the completion of mutually satisfactory arrangements pertaining to Executive's equity rollover (as reflected on his Equity Rollover Election Form) in connection with the Merger.
For the avoidance of doubt, the parties acknowledge and agree that the obligation to reimburse Stockholder Expenses thereunder shall remain regardless of whether the Stockholders are entitled to deliver a Rollover Election Notice or receive Parent Shares in respect of Rollover Shares.
Eligible Shareholders who desire such a tax-deferred rollover must elect to tender such Cumberland Shares to Agnico-Eagle by checking the box below to make a Rollover Election.
Each Option Rollover Election; Cancellation and Payment Acknowledgement shall permit the Optionholder to specify and elect: (i) to have no Rollover Options or (ii) to have Rollover Options with a Spread Value of up to 25% of the aggregate Spread Value of all Options held by such Optionholder.
Any Option Rollover Election; Cancellation and Payment Acknowledgement may be revoked or modified by the person submitting such form, only by written notice to Buyer and the Company received prior to the Option Election Deadline.
Any such election shall have been properly made only if Buyer and the Company shall have received a properly completed Option Rollover Election; Cancellation and Payment Acknowledgement by 5:00 p.m. New York City time ten (10) Business Days after the Option Election Delivery Date (the “Option Election Deadline”).
By checking the box below, the undersigned represents that the undersigned is an Eligible Shareholder (as defined below) for purposes of the Rollover Election.
The Parties agree and acknowledge that the right of an Optionholder to receive the payments contemplated by Section 2.10(d)(iv) with respect to such Person’s Options (other than Rollover Options) is substantially vested within the meaning of Treasury Regulation Section 1.83-6 and shall be treated as such regardless of whether the Optionholder delivers to Company a fully completed and executed Option Rollover Election; Cancellation and Payment Acknowledgement at or prior to the Closing.
General ▇▇▇▇▇ will send an Automatic Payment and Rollover Election Statement to you approximately 60 days before the distribution date.