Stockholder Stock definition
Examples of Stockholder Stock in a sentence
The Stockholder's Stock (other than any Stockholder Stock evidenced by convertible debt) is validly authorized, issued and outstanding, fully paid and non-assessable with no personal liability attaching to the ownership thereof.
JOHN▇▇▇ & ▇OHN▇▇▇, By:___________________________ Name: Title: ET/FM ACQUISITION CORP., By:___________________________ Name: Title: [NAME OF STOCKHOLDER] By:___________________________ Name: Title: SCHEDULE A Name, Address Number of Shares and Telecopier of Company Common Number of Stockholder Stock Owned of Record Following are schedules and conformed signature pages for each Stockholder Agreement.
In the case of block trades of 10,000 shares or more to a single purchaser, and all other sales or transfers of Major Stockholder Stock that are not Permitted Transfers (each a “Restricted Transfer”), such transfers shall be permitted to be made free and clear of any restrictions on voting as described herein, provided that such Major Stockholder shall first grant to Trident the right of first refusal set forth in Section 6.2.
To the knowledge of the Company, no other state takeover statute or similar statute or regulation applies or purports to apply to the Merger, this Agreement, the Stockholder Stock Option and Proxy Agreement, the Pledge Agreement or the transactions contemplated hereby or thereby.
Section 3.03(c) Stockholder Stock Option Agreement...........................
The issuance, sale or delivery of the Closing Stockholder Stock Consideration and Milestone Stock Consideration in accordance with the terms of this Agreement is not subject to any preemptive right of stockholders of Parent or to any right of first refusal or other right in favor of any person, and shall not trigger any anti-dilution right, except such as have been waived on or prior to the Closing Date.
If a Major Stockholder proposes to sell any Major Stockholder Stock in a Restricted Transfer (the “Restricted Transfer Shares”), Trident shall have a right of first refusal to purchase all (but not less than all) of such Restricted Transfer Shares.
If the Closing Stockholder Cash Consideration is greater than zero, the “Closing Stockholder Stock Consideration” shall mean a number of shares of Parent Common Stock equal to (A) $1,500,000, divided by (B) the Share Price.
In the case of block trades of 10,000 shares or more to a single purchaser, and all other sales or transfers of Major Stockholder Stock that are not Permitted Transfers (each a “Restricted Transfer”), such transfers shall be permitted to be made free and clear of any restrictions on voting as described herein, provided that such Major Stockholder shall first grant to TCV the rights of first refusal set forth in Section 6.2.
If the Closing Stockholder Cash Consideration is equal to zero, the “Closing Stockholder Stock Consideration” shall mean a number of shares of Parent Common Stock equal to (A) $1,500,000 minus the Negative Balance, divided by (B) the Share Price.