For purposes of this Section 7.three, the opinion of the Committee as to whether any modification would impair or adversely have an result on the Participants’ current rights underneath the Equity Incentive Plan in relation to excellent grants of Options, RSUs and/or Share Awards shall be last, binding and conclusive. The Committee has absolutely the discretion in effecting the forfeiture of such Restricted Securities, together with, among others, by means of switch of Restricted Securities to a third celebration nominated by the Committee , a buyback of the Restricted Securities by the Company, a sale on-market by the Participant . The transfer price payable to the Participant in consideration for the Participant’s forfeited Restricted Securities shall be [S$0.01].
The Committee might present within the Share Award Grant Agreement that part or the entire Ordinary Shares issued or, as the case could additionally be, transferred pursuant to a Share Award granted underneath the NED Share Plan are Time-Based Restricted Securities. For the needs of this plan, “Time-Based Restricted Securities” shall mean such variety of Restricted Securities which are subject to time-based vesting conditions as set forth within prime now columbus the Share Award Grant Agreement. Unless the Committee provides otherwise, the vesting of the Time-Based Restricted Securities could also be suspended throughout any leave of absence. There are no restrictions, agreements, guarantees, representations, warranties, covenants or undertakings with respect to the topic material hereof aside from these expressly set forth herein and within the Equity Incentive Plan.
The investment represents Blackstone Group’s largest investment in drug growth to date. In June 2019, Blackstone announced it had teamed with the Canada Pension Plan Investment Board and KIRKBI to purchase Merlin Entertainment, the owners of Legoland in a deal price £5.9 billion (about $7.5 billion). This would be the 2nd time Blackstone would personal the company as they beforehand bought it in 2005. In July 2015, Blackstone acquired Excel Trust, an actual property investment belief, for around $2 billion. In April 2014, Blackstone’s charitable arm, the Blackstone Charitable Foundation, donated $4 million to create the Blackstone Entrepreneurs Network in Colorado.
In the occasion that any Action shall be brought in equity to implement the provisions of this Agreement, no party shall allege, and every party hereby waives the defense, that there is an sufficient treatment at law, and each party agrees to waive any requirement for the securing or posting of any bond in connection therewith. ”) to be held as promptly as moderately practicable following the date that the Proxy/Registration Statement is said effective under the Securities Act, and on a date no later than twenty Business Days following such effectiveness, for the purpose of obtaining the Company Shareholder Approval and such other matter as could also be mutually agreed by Acquiror and the Company. The Company will use its reasonable greatest efforts to solicit from its shareholders written consents and/or proxies in favor of the Company Shareholder Approval and procure the Company Shareholder Approval in compliance with all applicable Law and the Company’s Governing Documents . The Company shall set the date of the Company Shareholders’ Meeting to be no later than twenty Business Days after the Proxy/Registration Statement is asserted effective or such other date as could also be agreed by Acquiror and the Company, performing moderately, and shall not adjourn the Company Shareholders’ Meeting without the prior written consent of Acquiror ; supplied, nonetheless, that the Company could adjourn the Company Shareholders’ Meeting for a period not exceeding sixteen days with out the consent of the Acquiror. Prior to the Amalgamation Closing Date, Acquiror shall take all such steps as are fairly necessary to trigger any acquisition or disposition of PubCo Shares or any by-product thereof that occurs or is deemed to happen by cause of or pursuant to the Transactions by each Person who’s or shall be or could become topic to Section 16 of the Exchange Act with respect to PubCo, including by advantage of being deemed a director by deputization, to be exempt underneath Rule 16b-3 promulgated underneath the Exchange Act.
”), and none of such Real Property Leases has been modified in any material respect, besides to the extent that such modifications have been disclosed by the copies delivered to Acquiror. Of the Company Disclosure Letter sets forth a true, correct and complete record of all materials Licenses held by the Company or its Subsidiaries. Neither the Company nor any of its Subsidiaries is a celebration to any Tax indemnification or Tax sharing or comparable Tax settlement (other than any such agreement solely between the Company and its present Subsidiaries and customary industrial Contracts not primarily associated to Taxes).