Deferred Share Units. Each Deferred Share Unitholder shall have irrevocably agreed to exchange their Deferred Share Units for Shares of Company Common Stock (other than those holders of Deferred Share Units who had elected in the year 2010 to receive cash for their Deferred Share Units provided that the aggregate cash amount paid to such holders does not exceed $12,000.
Appears in 2 contracts
Sources: Arrangement Agreement (Acorn Energy, Inc.), Arrangement Agreement (Acorn Energy, Inc.)