Examples of Share Exchange in a sentence
The Company shall purchase and maintain, at its own expense, directors’ and officers’ liability insurance providing coverage to the Executive at a level no less protective than that provided to other Company officers and directors, within a reasonable time after the Company obtains the financing contemplated by its Share Exchange Agreement with Swiss Heights Engineering, S.A. dated July 19, 2016.
Share Swap In October 1999, the Board of Directors of the Company approved the Share Exchange Agreements (Agreements) with the shareholders of AB Leisure Exponent, Inc.
On the Effective Date, and following the completion of the Share Exchange, Merger Sub will merge with and into Bite, with Bite surviving as a direct and wholly owned subsidiary of the Corporation (the “ Merger”).
The execution and delivery of this Agreement by the Company and the consummation by the Company of the transactions contemplated hereby (including the Share Exchange) have been, or will be, duly and validly authorized by all necessary corporate action on the part of the Company (including the approval by its board of directors), and no other proceedings on the part of the Company are necessary to authorize this Agreement or to consummate the transactions contemplated hereby.
The Company’s board of directors has, by unanimous resolution, approved this Agreement, the Share Exchange, and the other transactions contemplated by this Agreement and determined that this Agreement, the Share Exchange, and the other transactions contemplated by this Agreement are advisable and in the best interests of the Company and the Company Shareholders.