Rounding Entitlements. Where the calculation of the number of US Holdco Shares (or US Holdco CDIs) to be issued to a particular Scheme Participant as Scheme Consideration would result in the issue of a fraction of a US Holdco Share, the fractional entitlement will be rounded up to the nearest whole number of US Holdco Shares.
Appears in 2 contracts
Sources: Scheme Implementation Deed, Scheme Implementation Deed (Piedmont Lithium LTD)
Rounding Entitlements. Where the calculation of the number of US Holdco Shares (or US Holdco CDIs) to be issued to a particular Share Scheme Participant as Scheme Consideration would result in the issue of a fraction of a US Holdco Share, the then any such fractional entitlement will be rounded up to the nearest whole number of US Holdco Shares.
Appears in 1 contract
Sources: Deed of Amendment and Restatement (Incannex Healthcare LTD)