Examples of Seller Rights Agreement in a sentence
The FAPSG has the responsibility for driving the Plan forward, further details of which can be found within the six month plan at paragraph 139.
The Seller Rights Agreement, as so amended, has not been further amended or modified.
The Seller has adopted an amendment to the Seller Rights Agreement in the form of Exhibit III attached hereto.
Seller has taken all necessary action so that the entering into of this Agreement, the Bank Merger Agreement and the Seller Option Agreement and the transactions contemplated hereby and thereby do not and will not result in the grant of any rights to any person under the Seller Rights Agreement or enable or require the Seller rights issuable thereunder to be exercised, distributed or triggered.
True and complete copies of the Seller Rights Agreement and all amendments thereto have been previously provided or made available to the Buyer.
In addition, as of the close of business on July 9, 2004, there were 5,123,062 shares of Seller Common Stock reserved for issuance upon exercise of outstanding Seller Stock Options; no shares of Seller Preferred Stock designated as “Series A Participating Cumulative Preferred Stock Preferred Shares” reserved for issuance pursuant to the Seller Rights Agreement; and 190,000 shares reserved for issuance under an outstanding warrant.
Pursuant to the Seller Rights Agreement, each certificate representing one share of Seller Common Stock also represents one Right (as defined in the Seller Rights Agreement).
The Seller Board has resolved to, and Seller will promptly after the execution of this Agreement, take all action necessary to render the Rights pursuant to the terms of the Seller Rights Agreement inapplicable to the Merger and this Agreement and for the Rights to expire or be redeemed immediately prior to the Effective Time.
In addition, as of the close of business on July 9, 2004, there were 5,123,062 shares of Seller Common Stock reserved for issuance upon exercise of outstanding Seller Stock Options; no shares of Seller Preferred Stock designated as "Series A Participating Cumulative Preferred Stock Preferred Shares" reserved for issuance pursuant to the Seller Rights Agreement; and 190,000 shares reserved for issuance under an outstanding warrant.
Except as set forth above and except pursuant to the Seller Rights Agreement, there are no other Equity Securities of Seller outstanding.