Examples of Consultant Shares in a sentence
The Consultant Shares will be issued pursuant to exemptions from the registration requirements of the Securities Act of 1933 (the "Act") or pursuant to an effective registration statement.
If issued pursuant to an exemption from registration, all certificates representing the Consultant Shares will be endorsed with a legend confirming that the securities have not been registered and may only be resold pursuant to an effective registration statement under the Act or pursuant to a further exemption from registration, in the form required by the Company’s legal counsel.
If issued pursuant to an exemption from registration, all certificates representing the Consultant Shares will be endorsed with a legend confirming that the securities have not been registered and may only be resold pursuant to an effective registration statement under the Act or pursuant to a further exemption from registration, in the form required by the Company's legal counsel.
No adjustment in the Consultant Shares shall be required unless such adjustment would require an increase or decrease of at least one percent (1%) in such Consultant Shares; provided, however, that any adjustments which by reason of this Section 3(e) are not required to be made shall be carried forward and taken into account in any subsequent adjustment.
In connection with the Closing, it is intended that, the former shareholders of Es3 would receive 18,108,750 shares of Common Stock (assuming 100% of the Es3 shareholders become Sellers), that Crown Partners will receive 905,438 shares of Common Stock (the "Crown Shares"), and that two consultants to NHT will receive 400,000 shares of Common Stock (the "Consultant Shares").
Further, in the event of Termination, the Consultant Shares that have vested through such 30th day are deemed earned by Consultant.
Following the Closing, NHT will file a Registration Statement with the SEC on Form S-8 to register the Consultant Shares.
If any certificate or instrument evidencing any Glorious Pie Shares or Glorious Pie Consultant Shares is mutilated, lost, stolen or destroyed, China Eco-Hospitality shall issue or cause to be issued in exchange and substitution for and upon cancellation thereof, or in lieu of and substitution therefor, a new certificate or instrument, but only upon receipt of evidence reasonably satisfactory to China Eco-Hospitality of such loss, theft or destruction and customary and reasonable indemnity, if requested.
If the Consultant is terminated prior to the end of the Term in accordance with this Agreement, then the Parties hererto agree that the percentage of the Consultant Shares equivalent to the number of days remaining in the Term after the date of termination divided by 365 days shall be surrendered by the Consultant to the Company for cancellation.
Further, in the event of Termination, the Consultant Shares that have vested through such 30 day notice period, if any, are deemed earned by Consultant.