Common use of Allocation of Shares Clause in Contracts

Allocation of Shares. Healthworld will issue to the U.S. Stockholders, the U.K. Stockholder, Xxxxxx, Xxxxxx and Moreton, in the aggregate, 5,000,000 shares (the "Aggregate Number of Founder Shares") of Healthworld Stock at the Closing. With respect to the U.S. Stockholders, who presently own one hundred (100) shares of Healthworld Stock in the aggregate, the conversion shall be made in such a manner as to issue to them only that number of additional shares of Healthworld Stock which are necessary to attain the percentage of shares set forth below. The allocation of the Aggregate Number of Founder Shares among all of the U.S. Stockholders, the U.K. Stockholder, Xxxxxx, Bourne and Moreton shall be made as follows:

Appears in 1 contract

Samples: Healthworld Agreement (Healthworld Corp)

AutoNDA by SimpleDocs

Allocation of Shares. Healthworld will issue to the U.S. Stockholders, the U.K. Stockholder, Xxxxxx, Xxxxxx Stockholder and Moretonthe Minority Stockholders, in the aggregate, 5,000,000 shares (the "Aggregate Number of Founder Shares") of Healthworld Stock at the Closing. With respect to the U.S. StockholdersXxxxxxxx, who presently own owns one hundred (100) shares of Healthworld Stock in the aggregateStock, the conversion shall be made in such a manner as to issue to them him only that number of additional shares of Healthworld Stock which are necessary to attain the percentage of shares set forth below. The allocation of the Aggregate Number of Founder Shares among all of the U.S. Stockholders, the U.K. Stockholder, Xxxxxx, Bourne Stockholder and Moreton the Minority Stockholders shall be made as follows:

Appears in 1 contract

Samples: Agreement and Plan of Organization (Healthworld Corp)

Allocation of Shares. Healthworld will issue to the U.S. Stockholders, the U.K. Stockholder, Xxxxxx, Xxxxxx Stockholder and Moretonthe Contributing Minority Stockholders, in the aggregate, 5,000,000 shares (the "Aggregate Number of Founder Shares") of Healthworld Stock at the Closing. With respect to the U.S. Stockholders, who presently own one hundred (100) shares of Healthworld Stock in the aggregate, the conversion shall be made in such a manner as to issue to them only that number of additional shares of Healthworld Stock which are necessary to attain the percentage of shares set forth below. The allocation of the Aggregate Number of Founder Shares among all of the U.S. Stockholders, the U.K. Stockholder, Xxxxxx, Bourne Stockholder and Moreton the Contributing Minority Stockholders shall be made as follows:

Appears in 1 contract

Samples: Healthworld Agreement (Healthworld Corp)

AutoNDA by SimpleDocs

Allocation of Shares. Healthworld will issue to the U.S. Stockholders, the U.K. Stockholder, Xxxxxx, Xxxxxx Xxxxxxx and Moreton, in the aggregate, 5,000,000 shares (the "Aggregate Number of Founder Shares") of Healthworld Stock at the Closing. With respect to the U.S. Stockholders, who presently own one hundred (100) shares of Healthworld Stock in the aggregate, the conversion shall be made in such a manner as to issue to them only that number of additional shares of Healthworld Stock which are necessary to attain the percentage of shares set forth below. The allocation of the Aggregate Number of Founder Shares among all of the U.S. Stockholders, the U.K. Stockholder, Xxxxxx, Bourne Garnham and Moreton shall be made as follows:

Appears in 1 contract

Samples: Healthworld Agreement (Healthworld Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.