VPI definition
Examples of VPI in a sentence
Further, Employee will be given sufficient time and opportunity to elect whether to exercise all or any of Employee's vested options to purchase VPI Common Stock, including any options with accelerated vesting under the provisions of VPI's 1998 Long-Term Incentive Plan, such that Employee may convert the options to shares of VPI Common Stock at or prior to the closing of the transaction giving rise to the Change in Control, if Employee so desires.
VPI agrees to use its commercially reasonable best efforts to effectuate the acquisition of the businesses of the Founding Companies pursuant to the Other Agreements, and the IPO.
In connection with the closings of the transactions under the Other Agreements, VPI agrees that it will not waive any closing condition under any Other Agreement that would result in a Material Adverse Effect to VPI.
Attached hereto as Schedule 6.6 are copies of the following financial statements (the "VPI Financial Statements") of VPI, which reflect the results of its operations from inception: VPI's audited Balance Sheet as of December 31, 1997 and Statements of Income, Cash Flows and Retained Earnings for the period from inception through December 31, 1997.
VPI shall maintain its authorized capital stock as set forth in the Registration Statement filed with the SEC except for such changes in authorized capital stock as are made to respond to comments made by the SEC or requirements of any exchange or automated trading system for which application is made to register the VPI Stock.