Escrow Stock definition

Escrow Stock has the meaning set forth in Section 1.2.
Escrow Stock means the Stock pledged and deposited with the Escrow Agent persuant to the Indemnity Escrow and Stock Pledge Agreement;
Escrow Stock has the meaning set forth in Section 3.1(b).

Examples of Escrow Stock in a sentence

  • In the event of Executive's death, Executive's estate or his designated beneficiary shall be paid by the Company all of the compensation and benefits due to Executive through the date of his death, including without limitation, the Escrow Stock and stock option benefits to which Executive was entitled as of the date of his death.

  • In the event that, at any time within 90 days of the Closing Date, Buyer sells HealthStream Stock pursuant to an Equity Financing for a price per share less than the Average Price, then Buyer shall issue to Seller, without further consideration, stock certificates representing that number of shares of HealthStream Stock (rounded to the nearest whole number) equal to (a) $1,500,000 divided by the Equity Financing Price, minus (b) the sum of the Closing Stock and the Escrow Stock.

  • Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Stock held hereunder.

  • An employee who desires to transfer shall file a Transfer Request with the superintendent or designee when a vacancy exists.

  • If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Stock with any court it reasonably deems appropriate.


More Definitions of Escrow Stock

Escrow Stock see Section 2.2.
Escrow Stock means 1,568,693 shares of Buyer Common Stock.
Escrow Stock is defined in Section 2.06(a)(ii) of this Merger Agreement.
Escrow Stock has the meaning specified in Section 1.6.
Escrow Stock hereby is deleted in its entirety and shall be of no further force or effect. The following definitions shall be added to Exhibit A:
Escrow Stock means the Aggregate Employee Stock Payout Escrow Contribution plus the Aggregate Stockholder Escrow Stock Contribution.
Escrow Stock means 75,506 shares of Acquiror Stock.