Title Vesting Sample Clauses

Title Vesting. Upon the transfer of the Purchased Shares to Buyer as contemplated by this Agreement, the Buyer shall be vested with good, valid, marketable and indefeasible title to the Purchased Shares, representing one hundred percent (100.0%) of the issued and outstanding common stock of the Company, free and clear of any security interest, encumbrance, claim, pledge, charge, limitation, or restriction whatsoever.
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Title Vesting. Upon the transfer of the Technology to Buyer as contemplated by this Agreement, the Buyer shall be vested with good, valid, marketable and indefeasible title to the Technology, representing one hundred percent (100.0%) of the interest and rights outstanding for the ownership of the Technology, free and clear of any security interest, encumbrance, claim, pledge, charge, limitation, or restriction whatsoever.
Sample 1
Title Vesting. Sellers represent and warrant that the transfer of the Enzyme Technology to Buyer has vested Buyer with good, valid, marketable and indefeasible title to the Enzyme Technology, representing one hundred percent (100.0%) of the interest and rights outstanding for the ownership of the Enzyme Technology, free and clear of any security interest, encumbrance, claim, pledge, charge, limitation, or restriction whatsoever.
Sample 1
Title Vesting. Each of the parties hereto agree to execute any and all mutually-acceptable documents so as to vest in Buyer a 30% membership interest in Newco. WITNESSES: ____________________________ XXX XXXXX ____________________________ XXXXX XXXXX ____________________________ XXXXXX X. BOSS ____________________________ XXXXXX X. XXXXX ____________________________ XXXXX XXXXXXXX ATTEST: NATURAL GAS TRANSMISSION SERVICES, INC. _________________________________ Xxxxxx X. Boss Chief Executive Officer _________________________________ Xxxxxx X. Xxxxx, President ATTEST: HUNTER GAS GATHERING, INC. _________________________________ R. Xxxx Xxxxxxxx, President ATTEST: MAGNUM HUNTER RESOURCES, INC. _________________________________ Xxxx X. Xxxxx, President and Chief Executive Officer
Sample 1
Title Vesting. Assignor represents and warrants that the transfer of the Shares to Assignee has vested Assignee with good, valid, marketable and indefeasible title to the Shares, representing one hundred percent (100.0%) of the interest and rights outstanding for the ownership of the Shares, free and clear of any security interest, encumbrance, claim, pledge, charge, limitation, or restriction whatsoever.
Sample 1
Title Vesting. Sellers represent and warrant that the transfer of the Assets to Buyer has vested Buyer with good, valid, marketable and indefeasible title to the Assets, representing one hundred percent (100.0%) of the interest and rights outstanding for the ownership of the Assets, free and clear of any security interest, encumbrance, claim, pledge, charge, limitation, or restriction whatsoever.
Sample 1
Title Vesting. “Seller” represents and warrants that the transfer of the Leases to “Buyer” will vest “Buyer” with good, valid, marketable and indefeasible title to the Leases, representing one hundred percent (100.0%) of the lease interest and rights outstanding for the ownership of the Leases, free and clear of any security interest, encumbrance, claim, pledge, charge, limitation, or restriction whatsoever other than provided for in the lease agreements.
Sample 1
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Related to Title Vesting

  • Time Vesting Subject to Sections 5(b) and 6 below, the RSUs will vest and become nonforfeitable in accordance with and subject to the vesting schedule set forth on Exhibit A attached hereto, subject to the Participant’s continued status as a Service Provider on the applicable vesting date.

  • Service Vesting Except as otherwise provided in this Section 3, the Restricted Shares will be forfeited as to the unvested portion of the Award if the Participant does not remain continuously in the employment of the Company through the specified lapsing dates set forth in Section 2 above.

  • Restrictions; Vesting Subject to the terms and conditions of the Plan and this Agreement, Participant’s rights in and to Restricted Stock Units shall vest, if at all, as follows:

  • Performance Vesting Within sixty (60) days following the completion of the Performance Period, the Plan Administrator shall determine the applicable number of Performance Shares in accordance with the provisions of the Award Notice and Schedule I attached thereto.

  • Equity Vesting All of the then-unvested shares subject to each of the Executive’s then-outstanding equity awards will immediately vest and, in the case of options and stock appreciation rights, will become exercisable (for avoidance of doubt, no more than 100% of the shares subject to the then-outstanding portion of an equity award may vest and become exercisable under this provision). In the case of equity awards with performance-based vesting, all performance goals and other vesting criteria will be deemed achieved at the greater of actual performance or 100% of target levels. Unless otherwise required under the next following two sentences or, with respect to awards subject to Section 409A of the Code, under Section 5(b) below, any restricted stock units, performance shares, performance units, and/or similar full value awards that vest under this paragraph will be settled on the 61st day following the CIC Qualified Termination. For the avoidance of doubt, if the Executive’s Qualified Termination occurs prior to a Change in Control, then any unvested portion of the Executive’s then-outstanding equity awards will remain outstanding for 3 months or the occurrence of a Change in Control (whichever is earlier) so that any additional benefits due on a CIC Qualified Termination can be provided if a Change in Control occurs within 3 months following the Qualified Termination (provided that in no event will the Executive’s stock options or similar equity awards remain outstanding beyond the equity award’s maximum term to expiration). In such case, if no Change in Control occurs within 3 months following a Qualified Termination, any unvested portion of the Executive’s equity awards automatically will be forfeited permanently on the 3-month anniversary of the Qualified Termination without having vested.

  • Stock Vesting Unless otherwise approved by the Board of Directors, all stock options and other stock equivalents issued after the date of this Agreement to employees, directors, consultants and other service providers shall be subject to vesting as follows: (a) twenty-five percent (25%) of such stock shall vest at the end of the first year following the earlier of the date of issuance or such person’s services commencement date with the company, and (b) seventy-five percent (75%) of such stock shall vest over the remaining three (3) years. With respect to any shares of stock purchased by any such person, the Company’s repurchase option shall provide that upon such person’s termination of employment or service with the Company, with or without cause, the Company or its assignee shall have the option to purchase at cost any unvested shares of stock held by such person.

  • Normal Vesting Subject to the terms and conditions of Sections 2 and 3 hereof, Grantee’s right to receive the Common Shares covered by this Agreement and any Deferred Cash Dividends accumulated with respect thereto shall become nonforfeitable on the fifth anniversary of the Date of Grant if Grantee has been in the continuous employ of the Company or a Subsidiary from the Date of Grant until the date of said fifth anniversary. For purposes of this Agreement, Grantee’s continuous employment with the Company or a Subsidiary shall not be deemed to have been interrupted, and Grantee shall not be deemed to have ceased to be an employee of the Company or a Subsidiary, by reason of any transfer of employment among the Company and its Subsidiaries.

  • General Vesting The Shares of Restricted Stock shall become vested in the following amounts, at the following times and upon the following conditions, provided that the Termination of Service of the Participant does not occur before the applicable date on which the Shares of Restricted Stock become vested (the “Vesting Date”): Number of Shares of Restricted Stock Vesting Date [ ] [ ] Except as otherwise provided in Sections 2(b) and 4 hereof, there shall be no proportionate or partial vesting of Shares of Restricted Stock in or during the months, days or periods prior to each Vesting Date, and all vesting of Shares of Restricted Stock shall occur only on the applicable Vesting Date.

  • Option Vesting Options shall vest as follows:

  • Time-Based Vesting Fifty Percent (50%) of the Executive Stock shall vest on each date set forth below (each, a "Vesting Date") as to that number of shares of the Executive Stock set forth opposite such Vesting Date: Vesting Date No. of shares of Executive Stock ------------ -------------------------------- On the first anniversary of the Effective 12.5% of the Executive Stock Date After the first anniversary of the Effective An additional 1.0417% of the Executive Stock Date through the fourth anniversary of the on the first day of each calendar month after the Effective Date first anniversary of the Effective Date until 50% of the Executive Stock is vested

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