Purchase Price

Clause

Clause Information


Purchase Price. The aggregate purchase price payable by the Purchaser to the Seller for the Purchased Units (the " Purchase Price ") shall be satisfied through the following: (a) a cash payment in the amount of $22,500,000 (the " Cash Proceeds "), which will be paid to the Seller or back to the Purchaser, as the case may be, in accordance the terms of this Agreement; and (b) the Purchaser directing the Parent to issue the Applicable Number of Stock Units to the Seller on the terms and subject to the conditions set forth in the Grant Agreement on the eighth Trading Day after the Closing Date.

Clause Category:Purchase Price

Clause Variations


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