Rights to Shares of Class A Common Stock Following Exchange. Upon the Exchange, Founder will no longer have any rights as a holder of the Exercised Shares that are the subject of the Exchange (other than the right to receive the shares of Class B Common Stock in accordance with this Agreement). Such Exercised Shares will be deemed to have been redeemed by the Company in accordance with the applicable provisions hereof, whether or not the certificate(s) therefor have been delivered to Founder.
Appears in 3 contracts
Sources: Equity Exchange Right Agreement (Recursion Pharmaceuticals, Inc.), Equity Exchange Right Agreement (Recursion Pharmaceuticals, Inc.), Equity Exchange Right Agreement (DoorDash Inc)
Rights to Shares of Class A Common Stock Following Exchange. Upon the Exchange, the Founder will no longer have any rights as a holder of the Exercised Exchanged Class A Shares that are the subject of the Exchange (other than the right to receive the shares of Class B Common Stock in accordance with this Agreement). Such Exercised Exchanged Class A Shares will be deemed to have been redeemed by the Company in accordance with the applicable provisions hereof, whether or not the certificate(s) therefor have been delivered to the Founder.
Appears in 1 contract
Sources: Equity Award Exchange Agreement (Via Transportation, Inc.)
Rights to Shares of Class A Common Stock Following Exchange. Upon the Exchange, Founder will no longer have any rights as a holder of the Exercised Shares that are the subject of the Exchange (other than the right to receive the shares of Class B Common Stock in accordance with this Agreement). Such Exercised Shares will be deemed to have been redeemed by surrendered to the Company in accordance with the applicable provisions hereof, whether or not the certificate(s) therefor have been delivered to by Founder.
Appears in 1 contract
Rights to Shares of Class A Common Stock Following Exchange. Upon the Exchange, Founder will no longer have any rights as a holder of the Exercised Shares that are the subject of the Exchange (other than the right to receive the shares of Class B C Common Stock in accordance with this Agreement). Such Exercised Shares will be deemed to have been redeemed by the Company in accordance with the applicable provisions hereof, whether or not the certificate(s) therefor have been delivered to Founderthe Company.
Appears in 1 contract
Rights to Shares of Class A Common Stock Following Exchange. Upon the Exchange, Founder will no longer have any rights as a holder of the Exercised Shares that are the subject of the Exchange (other than the right to receive the shares of Class B Common Stock in accordance with this Agreement). Such Exercised Shares will be deemed to have been redeemed by the Company in accordance with the applicable provisions hereof, whether or not the certificate(s) therefor have been delivered to by Founder.
Appears in 1 contract
Sources: Equity Exchange Right Agreement (Chime Financial, Inc.)