the foregoing bases, the VWAP of such
security on such date(s) shall be the fair market value as reasonably determined
by reasonably and in good faith by a majority of the disinterested independent
directors of the board of directors (or equivalent governing body) of the
applicable issuer. All such determinations shall be appropriately adjusted for
any share dividend, share split, share combination, recapitalization or other
similar transaction during such period.
12.2 Section References. The following capitalized terms, as used in this
Agreement, have the respective meanings given to them in the Section as set
forth below adjacent to such terms:
Term
Section
Term
Section 2019 Earnout Shares
1.4(a)
Closing Date
2.1 2019 Earnout Target
1.4(a)
Closing Filing
6.12(b) 2019 Earnout Year
1.4(a)
Closing Press Release
6.12(b) 2020 Earnout Shares
1.4(a)
Closing
Redemption
6.11(a) 2020 Earnout Target
1.4(a)
Company
Preamble 2020
Earnout Year
1.4(a)
Company Benefit Plan
4.19(a) AAA Procedures
11.4
Company Directors
6.16(a) Accounts Receivable
4.25
Company Disclosure
Schedules
Article IV Acquisition Proposal
6.6(a)
Company Equity Valuation
1.2 Aggregate Earnout Target
1.4(a)
Company Financials
4.7(a) Agreement
Preamble
Company IP
4.13(d) Alternative Earnout
1.4(a)
Company IP
Licenses
4.13(a) Alternative Transaction
6.6(a)
Company Material Contract
4.12(a) Amended Charter
6.11(a)
Company Parties
Preamble Antitrust Laws
6.9(b)
Company Permits
4.10 Basket
7.3(a)
Company Personal Property
Leases
4.16 Business Combination
10.1
Company Real Property Leases
4.15
CFO
1.4(b)
Company Registered IP
4.13(a) Claim Notice
7.4(b)
CSRC
4.27(a) Closing
2.1
D&O Indemnified Persons
6.16(c)
82
Term
Section
Term
Section Data Protection Laws
4.13(f)
Post-Closing
Purchaser Board
6.16(a) Dispute
11.4
PRC
Preamble Draft Audited
Financial Statements
4.7(a)
PRC Establishment Documents
4.4(c) Earnout
Period
1.4(a)
PRC Mergers and Acquisitions Rules
4.27(b) Earnout Shares
1.4(a)
PRC Overseas Investment and Listing Regulations
4.27(a) Earnout
Statement
1.4(b)
PRC Target Company
4.4(c) Earnout Targets
1.4(a)
PRC
Tax Bulletin No. 7
6.19(b)(ii) Earnout Year
1.4(a)
Pro Rata Share
1.2
EGS
2.1
Proxy Statement
6.11(a) Employment Agreements
8.3(d)(vi)
Public Shareholders
10.1 Enforceability Exceptions
3.2
Purchased Shares
1.1 Environmental Permit
4.20(a)
Purchaser
Preamble Escrow Account
1.3(a)
Purchaser Director
6.16(a) Escrow Agreement
1.3(a)
Purchaser
Disclosure Schedules
Article III Escrow Shares
1.3(a)
Purchaser Financials
3.6(b) Exchange Shares
1.2
Purchaser Material Contract
3.13(a) Expenses
9.3
Purchaser Representative
Preamble Expiration Date
1.3(b)
Redemption
3.5(b) Extension
6.3(a)
Registration Rights Agreement
Recitals Federal Securities Laws
6.11(b)
Related Person
4.21 Final Audited
Financial Statements
4.7(a)
Released Claims
10.1 Glory Star HK
Recitals
Releasing Persons
10.2 Horgos
Preamble
Representative Party
1.4(b)
Incentive Plan
6.11(a)
Required Shareholder Vote
8.1(a) Indemnitee
7.2
Resolution Period
11.4 Indemnitor
7.2
SAFE
4.27(a) Independent Expert
Notice Date
1.4(b)
SEC Reports
3.6(a) Interim Balance Sheet Date
4.7(a)
Seller Representative
Preamble Interim Period
6.1(a)
Sellers
Preamble
Lock-Up Agreement
Recitals
Shareholder Approval Matters
6.11(a) Lock-Up
Seller
Recitals
Shareholder Meeting
6.11(a) Loss
7.2
Signing Filing
6.12(b) Management Reports
4.7(a)
Signing Press Release
6.12(b)
Non-Competition Agreement
Recitals
Solicitation Documents
6.11(a)
Non-Competition Seller
Recitals
Special Representations
7.1(a) Objection
Statement
1.4(b)
Specified Courts
11.5 Off-the-Shelf Software
4.13(a)
Termination Fee
9.4 Offer to Purchase
6.11(a)
Third Party Claim
7.4(c)
Outbound IP License
4.13(c)
Top Customer
4.23 Outside