Examples of WMT Common Stock in a sentence
Ten percent (10%) of the initial consideration of WMT Common Stock will be held by the escrow agent pursuant to the terms of Article 8 hereof.
All the outstanding shares of WMT Common Stock are duly authorized, validly issued, fully paid and non-assessable.
As of the Effective Date, (i) 28,937,310 shares of WMT Common Stock and no shares of preferred stock were issued and outstanding, (ii) options or warrants for 799,769 shares of WMT Common Stock were issued and outstanding; and (iii) 4,089 shares of WMT Common Stock were held in the treasury of the Company.
In connection with the foregoing, each of the Stockholders is familiar with Rule 144 and understands the resale limitations imposed thereby on the WMT Common Stock.
In the event any -------------------------------------- certificates evidencing shares of TSI Common Stock shall have been lost, stolen or destroyed, WMT shall issue in exchange for such lost, stolen or destroyed certificates, upon the making of an affidavit of that fact by the holder thereof, such shares of WMT Common Stock.
Initiate and sustain effective professional relationships with key internal and/or external constituencies (particularly Civil Society, NGOs, academia, and private sector).
On the first year anniversary of the Closing Date, WMT shall pay to First Trust of California, National Association, as escrow agent, Eight Hundred Seventy Five Thousand Dollars ($875,000) worth of newly issued shares of WMT Common Stock issued as an advance against the WMT Common Stock portion of the Earn-Out Payments described in Section 2.15(b) hereof.
The Escrow Agent shall be entitled to rely on any such memorandum and distribute the WMT Common Stock or other property from the Escrow Fund in accordance with the terms thereof.
The price used to determine the number of shares of WMT Common Stock to be issued into escrow at the first year anniversary of the Closing Date shall be the average closing price of the WMT Common Stock (as quoted in the Wall Street Journal) for the five (5) trading days up to, but excluding, the second trading day before the first year anniversary of the Closing Date.
Each of the Members is acquiring the WMT Common Stock for investment purposes and not with a view toward resale or distribution thereof, and has no present intention of selling, granting any participation in, or otherwise distributing the WMT Common Stock.