Surrendered Shares definition

Surrendered Shares shall have the meaning set forth in Section 2.2.
Surrendered Shares means the shares of Stock described in Section 7 of the Plan which (in lieu of being purchased) are surrendered for cash or Stock, or for a combination of cash and Stock, in accordance with Section 7.
Surrendered Shares shall have the meaning set forth in Section 5.1.11.

Examples of Surrendered Shares in a sentence

  • The Company hereby acknowledges receipt from the Shareholder of the certificates for the sole purpose of retiring the Surrendered Shares.

  • Except as provided in this Agreement, the Shareholder is not a party to any agreement which offers or grants to any person the right to purchase or acquire any of the Surrendered Shares.

  • No person holds or has the right to receive any proxy or similar instrument with respect to the Surrendered Shares.

  • There is no applicable local, state or federal law, rule, regulation, or decree which would, as a result of the sale contemplated by this Agreement, impair, restrict or delay any voting rights with respect to the Surrendered Shares.

  • The Company shall forthwith retire the Surrendered Shares pursuant to §78.283 of Chapter 78 of the Nevada Revised Statutes.


More Definitions of Surrendered Shares

Surrendered Shares means 3,801,360 shares of Class B Common Stock.
Surrendered Shares means the 2,500,000 shares of FPAC’s Class B Common Stock to be surrendered by the Founder to New Global Blue pursuant to the Founder Shares Surrender Agreement.
Surrendered Shares shall have the meaning set forth in ‎Section 2.1(a)(vi)(C).
Surrendered Shares means 100,000,000 shares of Custodial Stock to be forfeited and surrendered by the Inventor to the Company for cancellation as set out in Sections 3.2 and 4.2 of this Agreement;
Surrendered Shares means the shares of Stock described in Section 11 as to which an Optionee has surrendered his or her Option in accordance with Section 11.
Surrendered Shares means the shares of Series G Preferred Stock surrendered by Purchasers as payment for the
Surrendered Shares means the Shares described in Section 11.2 which (in lieu of being purchased) are surrendered for cash or Shares, or for a combination of cash and Shares, in accordance with Section 11.1.