Six Month Anniversary means the date that is the same Numeric Day of the sixth (6th) calendar month after the Investment Date, and the date that is the same Numeric Day of each sixth (6th) calendar month thereafter, provided that if such date is not a Business Day, the next Business Day thereafter.
In the event Parent enters into a Change of Control at any time on or after the Six Month Anniversary and the Surviving Person does not assume all of the Parent's and the Surviving Corporation's obligations under this Agreement pursuant to Section 14.1 through 14.3 hereof, then subject to and in accordance with the terms of this Agreement, immediately following such announcement each CVR shall be converted and become the right to receive a number of CVR Shares as set forth in Section 4.4(b) below.
For purposes of this Section 4.2(c), Purchaser agrees to continue to operate the Business in its current location from the Closing Date through the Six Month Anniversary.
Should Purchaser cease to operate the Business in its current location through the Six Month Anniversary the number of Lost Beds shall be deemed to equal zero.
In accordance with Section 3, above, and notwithstanding anything to the contrary in this Section 5, in no event shall any portion of the Option be exercisable, even if vested, prior to the Six Month Anniversary Date.
The Executives employment with the Company will terminate effective on the date six months following the Closing (the Six Month Anniversary), or such shorter period as is designated in writing by the Companys Board of Directors (the date on which the Executives employment actually terminates is referred to as the Termination Date).