Examples of Stockholder Expenses in a sentence
The parties agree that the maximum amount of Stockholder Expenses to be reimbursed pursuant to Section 9.18 of the Support Agreement is hereby increased from $400,000 to $450,000.
For the avoidance of doubt, the parties acknowledge and agree that the obligation to reimburse Stockholder Expenses thereunder shall remain regardless of whether the Stockholders are entitled to deliver a Rollover Election Notice or receive Parent Shares in respect of Rollover Shares.
Whether or not the Merger is consummated, all costs -------- and expenses incurred in connection with this Agreement, the Merger and other transactions contemplated by this Agreement (including, without limitation, the fees and expenses of financial advisors, accountants and legal counsel) (i) if incurred by Parent and Merger Sub, shall be paid by Parent and (ii) if incurred by the Company or its stockholders (the "Stockholder Expenses"), shall be paid -------------------- by the Company Stockholders.
Except as otherwise provided in this Agreement, Intelligroup will be liable for its and Sub's expenses, and Empower will be liable for the Stockholder Expenses, incurred in connection with the negotiation, preparation, execution and performance of this Agreement.
Two members of staff from Customer Services were made redundant and given notice on 2 March 2020.