Examples of Subsequent Shares in a sentence
Subsequent Shares may be purchased by facsimile or telephone or by such other mean as the ACD may from time to time make available.
The balance of the Subsequent Shares for such plan year (the "Subsequent Year Remaining Shares") shall be released from the ESOP suspense account and allocated to the accounts of ESOP participants in level installments for each full plan year (and prorated for the quarter ending March 31, 2000) remaining in the period from the January 1 immediately following such plan year through March 31, 2000.
The consummation of the subscription and issuance of the Subsequent Shares between the Company and the relevant Investor is referred to as the “Subsequent Closing”, and the date of the Subsequent Closing is referred to as the “Subsequent Closing Date”.
If any sale of Subsequent Shares or Final Year Shares is not consummated in accordance with subsection (e) or (f) above (if not earlier consummated pursuant to this subsection (g)), a number of shares of Supplemental ESOP Preferred as is equal to the number of shares of ESOP Preferred not so sold shall be contributed to the ESOP (Part B) or credited to the accounts of participants in the Supplemental ESOP, as applicable.
The Subsequent Shares shall be issued and allotted to the relevant Investor by the Company, credited as fully paid, on the date hereof following the payment of the Subsequent Purchase Consideration by such Investor.