Second Earnout Shares
Second Earnout Shares. 1,658,750 Founder Shares held by Sponsor as of the date first set forth above, and following the consummation of the transactions contemplated by the Merger Agreement shall mean the equivalent number of Surviving Pubco Shares, as converted and exchanged pursuant to the Merger Agreement and the terms set forth herein.
Second Earnout Shares. Means 1,000,000 shares of Oakmont Stock, subject to equitable adjustment in the case of any stock split or combination, any merger or other transaction in which the Oakmont Stock is changed or exchanged, any common stock dividend payable in shares of common stock or any similar event or transaction, minus the additional (as a result in the increase of the Exchange Ratio due to the Second Earnout being earned) number of shares of Oakmont Stock subject to purchase pursuant to all Company Warrants...
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Found in
BROOKE CORP contract
Second Earnout Shares. Means 1,000,000 shares of New Oakmont Stock, minus the aggregate number of shares of New Oakmont Stock subject to purchase pursuant to all Company Warrants assumed by the Surviving Corporation under this Agreement, subject to equitable adjustment in the case of any stock split or combination, any merger or other transaction in which the New Oakmont Stock is changed or exchanged, any common stock dividend payable in shares of common stock or any similar event or transaction.
Found in
Aleritas Capital Corp. contract
Second Earnout Shares. The portion of the Second Earnout paid to the Stockholders in Shares.
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Found in
EDGEWATER TECHNOLOGY INC contract