Fundamental clause là gì
Fundamental. Transactions If, at any time while this Warrant is outstanding (i) the Company effects any merger or consolidation of the Company with or into another Person, in which the Company is not the survivor and the stockholders of the Company immediately prior to such merger or consolidation do not own, directly or indirectly, at least fifty percent (50%) of the voting securities of the surviving entity, (ii) the Company effects any sale of all or substantially all of its assets, or at least a majority of its Common Stock is acquired by a third party, in each case, in one or a series of related transactions, (iii) any tender offer or exchange offer (whether by the Company or another Person) is completed pursuant to which all or substantially all of the holders of Common Stock are permitted to tender or exchange their shares for other securities, cash or property, or (iv) the Company effects any reclassification of the Common Stock or any compulsory share exchange pursuant to which the Common Stock is effectively converted into or exchanged for other securities, cash or property (other than as a result of a subdivision or combination of shares of Common Stock covered by Section 9(a)) (in any such case, a “Fundamental Transaction”), then the Holder shall thereafter receive, upon exercise of this Warrant, in lieu of any Warrant Shares, the same amount and kind of securities, cash or property as it would have been entitled to receive upon the occurrence of such Fundamental Transaction if it had been, immediately prior to such Fundamental Transaction, the holder of the number of Warrant Shares then issuable upon exercise in full of this Warrant without regard to any limitations on exercise contained herein (the “Alternate Consideration”). The Company shall not affect any such Fundamental Transaction unless prior to or simultaneously with the consummation thereof, any successor to the Company, surviving entity or the corporation purchasing or otherwise acquiring such assets or other appropriate corporation or entity shall assume the obligation to deliver to the Holder, such Alternate Consideration as, in accordance with the foregoing provisions, the Holder may be entitled to purchase and/or receive (as the case may be), and the other obligations under this Warrant. The provisions of this paragraph (c) shall similarly apply to subsequent transactions analogous to a Fundamental Transaction. 1 LIST COMMERCIAL CONTRACT CLAUSES, 2. EXPLAIN, 3. EXAMPLE Customized/negotiated terms should be on the top of the list, standard boilerplate/standardized terms in the middle, rarely used boilerplate at the end This may help, but find other sources: https://www.lawinsider.com/clauses Do not copy nor copy-paste, unless from Wikipedia Clause Name (En) Name (Vn)Explanation (En)Explanation (Vn)Examples/varieties (En)Examples/varieties (Vn) Parties name Parties’ address Tên của các bên Địa chỉ của các bên Who are the parties involving in the contract Proper legal name Họ tên hợp pháp và địa chỉ của các bên liên quan. Parties: A. Bigmoto, LLC 121 Bigmoto Street Detroit, MI 12022 USA and B. Deedistributor, TNHH 17 Pham Ngoc Thach Street HCMC, Vietnam Bên A: bà Võ Thị Phương Anh Địa chỉ: 17 Phạm Ngọc Thạch, phường 6, Quận 3, TP.HCM Contract representativeNgười đại diện hợp đồng The person who is assigned by the party to administer the contract on the party’s behalf. One would be wise to verify the entity’s representative has the legal capacity to make contracts for it. You might want to verify with the bylaws and articles of incorporation, or even get a resolution of the board authorizing this person to conclude such a contract for the corporation. Tiên Người đại diện hợp đồng này được ủy quyền để ký kết hợp đồng thay cho chủ thể hợp đồng và người đại diện này phải có khả năng pháp lý để ký kết hợp đồng, có thể xác định khả năng pháp lý của người này thông qua các quy chế và điều lệ thành lập doanh nghiệp, hoặc người này nhận được nghị quyết của hội đồng để ủy quyền cho phép kí kết hợp đồng cho công ty. Party A: IBM Corporation Contract representative: Arvin Krishna (CEO) Bên A: Tập đoàn IBM Đại diện: Arvin Krishna (CEO) SignaturesChữ kýA mark or sign made by an individual on an instrument or document to signify knowledge, approval, acceptance, or obligation. Như Dấu hiệu hoặc chữ kí của 1 cá nhân được thực hiện trên 1 công cụ hoặc tài liệu biểu thị kiến thức, chấp thuận, chấp nhận hoặc nghĩa vụ. Name, stamp, fingerprints….Tên, con dấu, dấu vân tay,... |