Exchange Transaction. Upon the occurrence of the Qualified Dispositions (or, if the exchange occurs after a Qualified Public Offering, promptly following the determination of Exchange Percentage), the Company shall issue to Telematica a number of shares of Common Stock that correspond (taking into account such issuance) to the Exchange Percentage. The issue shall be without warranty except for customary warranties as to authorization and title.
Appears in 3 contracts
Sources: Shareholder Agreement (Telematica Edc Ca), Shareholder Agreements (TCW Group Inc), Shareholder Agreements (Convergence Communications Inc)