Team Shares definition
Examples of Team Shares in a sentence
Accordingly, upon tender of the Exchange Shares and the Netco Property to the Escrow Agent, the Escrow Agent shall return all of the Team Shares to Team.
As consideration for the sale of the Tech Team Shares by the Selling Shareholders, Pubco shall allot and issue the Pubco Shares to the Selling Shareholders in the amount set out opposite each Selling Shareholder’s name in Schedule 1 on the basis of one (1) Pubco Share, after completion of the Stock Split contemplated by Section 6.12 of this Agreement, for each 27.29219 Tech Team Shares held by each Selling Shareholder.
For holders of Tech Team Shares resident outside the United States: “THE SECURITIES REPRESENTED HEREBY HAVE BEEN OFFERED IN AN OFFSHORE TRANSACTION TO A PERSON WHO IS NOT A U.S. PERSON (AS DEFINED HEREIN) PURSUANT TO REGULATION S UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “1933 ACT”).
The mutual exchange of the Team Shares and the Exchange Shares shall be effectuated by the delivery of certificates representing such Shares to William J.
On and as of the Rescission Effective Date, the Purchase Agreement and each and every of the transactions contemplated thereunder, including but not limited to the acquisition by Netco of all of 24.5% the Team Shares in exchange for the Exchange Shares, are hereby rescinded and shall for all purposes shall be deemed as not having occurred in any respect.
Schedule 1 contains a list of the Selling Shareholders including each holder’s name, address and number of Tech Team Shares held.
The Team Shares and any other securities issued in respect of the Team Shares upon any stock split, stock dividend, recapitalization, merger, consolidation or similar event (collectively, the "PURCHASER SECURITIES"), shall not be sold, assigned, transferred or pledged except in compliance with the provisions of the Securities Act of 1933, as amended (the "SECURITIES ACT"), all other applicable securities laws and the provisions of this Agreement.
Team will use reasonable commercial best efforts to maintain an active public market for the trading of the Team Shares.
Team will use reasonable commercial best efforts to satisfy the requirements of Rule 144 relating to the Team Shares.
At such time as all of the Team Shares and all of the Team Property have been returned to Team and, provided that the Netco has fully complied with the Reporting Obligation (as hereinafter defined), the Escrow Agent shall be entitled to release the Exchange Shares and the Netco Property to the Netco.