STC Stock definition
Examples of STC Stock in a sentence
At the Effective Time, CGI shall assume, by virtue of this Agreement and without any further action on the part of STC, all of STC's obligations with respect to each outstanding STC Stock Option, whether vested or unvested.
This Agreement (including the Exhibits, the CGI Disclosure Schedule and the STC Disclosure Schedule), the STC Stock Option Agreement and the CGI Stock Option Agreement constitute the entire agreement among the parties with respect to the subject matter hereof and supersede all prior agreements and understandings among the parties with respect thereto.
This Agreement and the STC Stock Option Agreement have been duly executed and delivered by STC and, assuming the due authorization, execution and delivery by the other parties hereto and thereto, constitute legal, valid and binding obligations of STC, enforceable against STC in accordance with their terms.
STC has all necessary corporate power and authority to execute and deliver this Agreement and the STC Stock Option Agreement, to perform its obligations hereunder and thereunder and to consummate the transactions contemplated hereby and thereby.
CGI shall use all reasonable efforts to ensure that the STC Stock Options intended to qualify as incentive stock options under Section 422 of the Code prior to the Effective Time continue to so qualify after the Effective Time.
Each STC Stock Option so assumed by CGI under this Agreement shall continue to have, and be subject to, the same terms and conditions set forth in the applicable STC Stock Plan and the applicable STC Stock Option as in effect immediately prior to the Effective Time, except as otherwise provided in Section 3.05.
As soon as practicable after the Effective Time, CGI shall file with the SEC and use its best efforts to have declared effective a registration statement on Form S-8 with respect to the shares of CGI Common Stock issuable under the assumed STC Stock Plans.
During the term of this Agreement, RDI shall be eligible to receive warrants for the purchase of shares of STC Stock ("Warrants"), as follows.
STC Stock Options..............................................................
For each quarter, as set forth in the table below, for which STC attains the applicable sales target for Number of Lines, RDI shall receive a warrant to purchase 100,000 shares of STC Stock at an exercise price of $14 per share.