New D&B Common Shares definition
Examples of New D&B Common Shares in a sentence
On or prior to the Distribution Date, New D&B shall issue to the Corporation as a stock dividend such number of New D&B Common Shares as will be required to effect the Distribution, as certified by the Corporation's stock transfer agent (the "Agent").
In connection with such issuance, the Corporation shall deliver to New D&B for cancellation the share certificate held by it representing New D&B Common Shares and shall receive a new certificate representing the total number of New D&B Common Shares to be owned by the Corporation after giving effect to such stock dividend.
New D&B Common Shares received in the Distribution as a dividend on Corporation Restricted Stock ("Dividended Restricted Stock") shall be subject to the same restrictions as the Corporation Restricted Stock.
Restrictions on the New D&B Common Shares received in the Distribution as a dividend on such shares shall lapse as of the Effective Time.
The Corporation Savings Plan shall maintain one stock fund consisting of only RHD Common Stock ("RHD Stock Fund") and one stock fund consisting of only New D&B Common Shares ("New D&B Stock Fund").
At the time of the Distribution, the Corporation shall contribute to New D&B any New D&B Common Shares received by the Corporation as a result of the forfeiture of restricted D&B Common Stock by D&B employees or directors who will become New D&B employees or directors in connection with the Distribution.
On or prior to the Distribution Date, all necessary actions shall have been taken to provide for the adoption of the form of Certificate of Incorporation and By-laws and the execution and delivery of the form of Rights Agreement, relating to the preferred share purchase rights relating to the New D&B Common Shares (the "Rights"), filed by New D&B with the Commission as exhibits to New D&B's Registration Statement on Form 10.
The Corporation shall deliver to the Agent the share certificates representing the New D&B Common Shares issued to the Corporation by New D&B pursuant to Section 2.1(b) and shall instruct the Agent to distribute, on or as soon as practicable following the Distribution Date, certificates representing such Common Shares to holders of record of shares of D&B Common Stock on the Distribution Record Date as further 19 contemplated by the Information Statement and herein.
The Corporation shall deliver to the Agent the share certificates representing the New D&B Common Shares issued to the Corporation by New D&B pursuant to Section 2.1(b) and shall instruct the Agent to distribute, on or as soon as practicable following the Distribution Date, certificates representing such Common Shares to 19 16 holders of record of shares of D&B Common Stock on the Distribution Record Date as further contemplated by the Information Statement and herein.
The initial ratio of stock in the pooled stock fund shall be one share of RHD Common Stock to one share of New D&B Common Shares.