Examples of Trident Common Stock in a sentence
The number of additional Fountain Restricted Stock Units and Athens Restricted Stock Units awarded shall be determined pursuant to Section 4.1 as if the Restricted Stock Units award represented actual shares of Trident Common Stock and such Fountain Restricted Stock Units shall generally have the same terms and conditions (including vesting schedule) associated with the original Trident Restricted Stock Units.
Trident stockholders holding a number of shares of Trident Common Stock, on the applicable Record Date, which would entitle such stockholders to receive less than one whole share of Fountain Common Stock in the Fountain Distribution, will receive cash in lieu of fractional shares.
On the Distribution Date, Trident shall transfer to Fountain all shares of Fountain Common Stock not distributed to the holders of Trident Common Stock in the Fountain Distribution, including the Fountain Treasury Shares.
Each holder of Trident Common Stock on the Fountain Distribution Record Date (or such holder’s designated transferee or transferees) will be entitled to receive in the Fountain Distribution a number of shares of Fountain Common Stock equal to the Distribution Ratio for every one share of Trident Common Stock held by such stockholder.
On the Fountain Distribution Date, Trident will cause the Distribution Agent to distribute all of the outstanding shares of Fountain Common Stock then owned by Trident to holders of Trident Common Stock on the Fountain Distribution Record Date, and to credit the appropriate number of such shares of Fountain Common Stock to book entry accounts for each such holder or designated transferee or transferees of such holder of Fountain Common Stock.
For stockholders of Trident who own Trident Common Stock through a broker or other nominee, their shares of Fountain Common Stock will be credited to their respective accounts by such broker or nominee.
However, recognizing that there occasionally arise extenuating circumstances that justify exceptions, the Pastor and Principal have the authority to grant an exception in cases of demonstrated hardship.Non-Sufficient Funds (NSF).
The quorum required for the Stockholders’ Meeting to validly approve the issuance and delivery of the Trident Exchange Shares and Trident Cash Purchase Shares is a 44 majority of shares of Trident Common Stock outstanding as of the record date for the Stockholders’ Meeting.
The Trident Board has received the opinion of Xxxxxxx Xxxxx & Co. LLC, the financial advisor of Trident, to the effect that, as of the date of such opinion, and based upon and subject to the factors and assumptions set forth therein, the Trident Exchange Ratio taking into account the aggregate of the Sun Merger Consideration paid for all outstanding Sun Ordinary Shares pursuant to this Agreement is fair from a financial point of view to the holders of Trident Common Stock.
As The Agreement has been tendered in accordance with EU directives, users of The Agreement do not need to perform a full tender procedure for call off requirements.