Share Transfer Instruments definition
Examples of Share Transfer Instruments in a sentence
The Share Transfer Instruments duly executed by each of the Shareholders in favor of the Purchaser, and completed by the Company in accordance with section 1.6.
Each Shareholder hereby irrevocably appoints each member of the Board as its true, exclusive, and lawful representative, agent and attorney-in-fact for such purpose, and with the exclusive power and authority to complete, release and deliver such Shareholder’s Share Transfer Instruments to the Purchaser at the Acquisition Closing, and to take all actions reasonably necessary for such purpose on behalf of the Shareholder.
If the Holder exercises his In-the-Money Company Warrant prior to the Acquisition Closing, then, simultaneously, with such exercise, the Holder shall deposit his/her/its Share Transfer Instruments with the Company, and thereupon Schedule I to the Option Agreement shall automatically be updated to include the Holder as a Securityholder.
Each Executing Shareholder shall deposit into escrow with the Company the Share Transfer Instruments duly executed by such Executing Shareholder.