Examples of Stockholder Shares in a sentence
The Company shall not register any sale, assignment or transfer of the Stockholder Shares on the Company’s stock ledger (book entry or otherwise) that is not in compliance with this Section 2.
Each Stockholder hereby agrees that it shall not redeem, or submit a request to SPAC’s transfer agent or otherwise exercise any right to redeem, any Stockholder Shares.
SPAC shall not register any sale, assignment or transfer of the Stockholder Shares (book entry or otherwise) that is not in compliance with this Section 2.
In accordance with the terms of a forfeiture agreement to be entered into by and among the Stockholders, Parent and the Company, immediately prior to the closing of the Merger, the Stockholders shall agree to automatically forfeit and transfer the applicable number of Stockholder Shares such that after such forfeiture, Stockholders shall on aggregate hold a number of Stockholder Shares equal to five percent (5%) of Parent’s issued and outstanding stock.
The Stockholder agrees that it shall not sell, assign or otherwise transfer any of the Stockholder Shares unless the buyer, assignee or transferee thereof executes a joinder agreement to this Agreement in a form reasonably acceptable to the Company.