Subject Shares definition

Subject Shares means that number of Shares set forth on the Securityholder’s signature page attached to this Agreement, being all of the Shares owned legally or beneficially, either directly or indirectly, by the Securityholder or over which the Securityholder exercises control or direction, either directly or indirectly, and shall further include any Shares issued upon the conversion, exercise or vesting, as applicable, of Convertible Securities or otherwise acquired by the Securityholder after the date hereof.

Subject Shares has the meaning set forth in the recitals.

Subject Shares means the Company Shares and other securities listed on the Shareholder’s signature page attached to this Agreement and any Company Shares acquired by the Shareholder or any of its affiliates subsequent to the date hereof, and includes all securities which such Subject Shares may be converted into, exchanged for or otherwise changed into;

Examples of Subject Shares in a sentence

• The aggregate purchase price (the “Purchase Price”) tendered by the Company in connection herewith to the Shareholders for the Subject Shares is U.S.$19,625,000.00, in cash or by certified cheque, bank draft or wire transfer of immediately available funds, to, or at the direction of, JWAM (on behalf of the Shareholders), at the Effective Time, as set forth in Schedule A hereto.

• At the Closing, JWAM and the Shareholders shall deliver, or cause to be delivered to the Company, the Subject Shares, in electronic or certificated form, duly endorsed for transfer to the Company or in blank by an effective endorsement or accompanied by irrevocable stock transfer powers duly executed in blank, in each case, by the holders of record.

• Subject to the terms and conditions set forth in this Agreement, effectiveat the Effective Time (as defined herein), the Shareholdershereby sell, assign, convey and transfer to the Company and the Company hereby purchases from the Shareholders the Subject Shares, free and clear of all liens, charges, pledges, security interests and encumbrances, for the Purchase Price (as defined herein).

More Definitions of Subject Shares

Subject Shares means, with respect to Stockholder, without duplication, (i) the Company Shares owned by Stockholder on the date hereof as described on Schedule A, and (ii) any additional Company Shares acquired by Stockholder or over which the Stockholder acquires Beneficial Ownership from and after the date hereof, whether pursuant to existing stock option agreements or otherwise.

Subject Shares means: (i) all Company Securities Owned by Shareholder as of the date of this Agreement; (ii) all additional Company Securities of which Shareholder acquires Ownership during the period from the date of this Agreement through the Expiration Time; and (iii) all Company Securities into which any of the Company Securities described in clause “(i)” or clause “(ii)” above are exchanged or converted.

Subject Shares means, with respect to the Stockholder, the Stockholder’s Existing Shares, together with any Company Shares or other voting capital stock of Inuvo of which the Stockholder acquires Beneficial Ownership on or after the date hereof.

Subject Shares means any shares of Company Capital Stock owned, or hereafter acquired, by the Stockholder, or for which the Stockholder otherwise becomes the record or beneficial owner (within the meaning of Rule 13d-3 of the Exchange Act), prior to the termination of this Agreement.

Subject Shares has the meaning specified in Section 4.2(a)(ii).

Subject Shares means the class or series of shares then issuable on exercise of the Rights.

Subject Shares means, at any time, the shares of Company Common Stock Owned by Stockholder at such time.