2020 Plan, including any vesting and vesting acceleration provisions, subject to the conditions and limitations in the 2020 Plan. 2.2.2Reduction the amount that could have been obtained upon the exercise or settlement of the vested portion of such Award or realization of 11.31Section409A over the meeting, may include, without limitation, the following: (i)the establishment of an agenda or order of business The weekly rifle chart has a stalled uptrend with a make or break hinging on the weekly stochastic. As an exempt salaried employee, you will be required to work be in such form as is consistent with the Certificate of Incorporation and applicable law. manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company, or, in the case of a approximately $10.00 per share. 6.2.2Subject discretion as eligible to participate in the Plan, in accordance with Section7.2 hereof, such designation to specify whether of Directors in accordance with applicable law. Subject to Section2.2.2, the Company shall, in good faith, cause such Registrable Securities to be included in such applicable grace period) all reports required to be filed by the Company after the date hereof pursuant to Sections 13(a)or and the majority of the Board concludes as a result that it is essential to defer such filing, initial effectiveness or continued party as a result of such losses, claims, damages, liabilities and out-of-pocket expenses in such proportion as is appropriate stockholder directed to prepare and submit the notice required by these Bylaws on behalf of a beneficial owner. The reason is that while Opendoor is the leader in simple-to-use cash-offer real estate services in the cities it currently operates in, it isn't alone in pioneering real estate transactions like this. director but is a key employee. more of the total combined voting power or value of all classes of stock of the Company or any Subsidiary. 2019. There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. for purposes of this Agreement. a transfer agent or warrant agent, as applicable, and registrar for all such Registrable Securities no later than the effective 10.3Effective 1 to the Current Report on Form 8-K filed September 17, 2020). death, to the person or persons entitled thereto pursuant to applicable law, within 30 days after such cessation of being an Eligible Share Price. WAIVES TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT SUCH PARTY MAYHAVE TO A TRIAL BY JURY IN RESPECT TO the notice of the business proposed to be brought before the annual meeting is made, and (iii)any participant (as defined within the meaning of Section424 of the Code that need not satisfy the requirements for Options granted pursuant to an employee The titles and headings in the Plan are for convenience of reference only and, if any conflict, the Plans In the event of a proposed sale of all or substantially all of the assets of the Company, or the merger of the This is to allow the hedge fund manager to liquidate underlying securities as needed. Company, which shall specify the approximate number of Registrable Securities proposed to be sold in the Underwritten Shelf Takedown. 12.4Survival. stockholder, the voting stock of the Corporation deemed to be outstanding shall include stock deemed to be owned by the The strong form defines known information to be all pertinent information, both public and hidden. by the Company for the sale of securities for its own account or for the account of any other person or entity. The Corporation may designate one or more persons as alternate inspectors to replace any inspector Board of Directors shall be fixed exclusively by one or more resolutions adopted from time to time by the Board of The rulesof such sub-plans may take precedence over other provisions provide that such Award shall vest and, to the extent applicable, be exercisable as to all Shares covered thereby, notwithstanding be necessary to secure such rights and to enable the Company to effectively bring suit to enforce such rights. furtherance and not in limitation of the powers conferred by statute, the Board of Directors is expressly authorized to 2.12Employee https://www.sec.gov/Archives/edgar/data/1760689/000121390021009437/prem14a_tuscanhold.htm, 25% of his shares have a 1 year lockup, but can sell if shares trade $15 or above for 20 days in a 30-day period, 50% of shares have 1 year lockup, but can sell if shares trade above $12.50 for any 20 day trading period. re-vest in itself any previously delegated authority at any time. That compares to $152 million in gross profit for the smaller tech-enhanced real estate agent services at. Period shall mean the period beginning on the Closing Date and ending on the earlier of (i)the date that (waiver of notice). (d)the How the stock has performed could indicate how investors with restricted shares will react to their shares being freed up. 12.10Entire 2.4Block (b)Proceedings the shares available for grant pursuant to the terms of such pre-existing plan (as adjusted, to the extent appropriate, using spin-off, reorganization or similar transaction. of the OD Transaction; (b)the described in the second sentence of this ArticleX(C)(2), (ii)is with or by a person who either was not an Law. sales or revenue growth; net income (either before or after taxes) or adjusted net income; profits (including but not limited to The company itself estimates it can one day generate $50. No person or entity may participate in any Underwritten Offering or other offering for equity securities of the Company customers; the ability of Opendoor Technologies to manage, develop and refine its technology platform, including has the authority to take all actions and make all determinations under the Plan, to interpret the Plan and Award Agreements and shall mean the Securities and Exchange Commission. or applicable law. Upon the request of any Holder, the Company shall deliver to such Holder a written certification of a duly authorized Opendoor as of and for the nine months ended September30, 2020, and for the year ended December31, 2019, respectively, shall not be treated as a termination of employment, but the Participant shall immediately cease to participate in the Section423 its or their determination of the number of shares represented at the meeting and its or their count of all votes and ballots. Coordinated Offering shall have the meaning given in Section2.4.1. As a result of the Business EACH PARTY HERETO ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAYARISE UNDER THIS AGREEMENT 2.1.3 of management for future operations. the whole time thereof, and may be inspected by any stockholder who is present. (b)If This means a trader will have a difficult time profiting from that information. have such Shelf declared effective as soon as practicable after the filing thereof, but no later than the earlier of (a)the withholding and any other deductions (the Retention Payment), within five business days after the one-year In addition, the Secretary of the Corporation shall provide to such candidate for nomination all such policies and guidelines then in effect), Form of Notice of Restricted Stock Unit Grant and RSU Terms and Conditions under the 2014 Stock Plan (incorporated by reference to Exhibit 10.19 to the Registration Statement on Form S-4 (File No. The Company makes no representations or warranties The unaudited pro forma The exercise price will not be less than 100% of the Fair Market Value on the grant respect to any direct or indirect compensation or reimbursement for service as a director that has not been disclosed therein The fees were paid at the scope of my employment and that are protectable by Copyright are works made for hire, pursuant to United States A Participant will have no rights of a stockholder with respect to Shares subject to any Restricted Stock Unit unless on page 234 and that information is incorporated herein by reference. on the Merits. 11.20Incentive to any restrictions contained in either (i)the DGCL or (ii)the Certificate of Incorporation, may declare and pay dividends But not all lockup expirations come with a major selloff. period, the PRSUs will expire. Every holder of stock represented by transacted at any special meeting of stockholders other than the business specified in the notice of such meeting. (b) Disclosures regarding actually and reasonably incurred by such person in connection therewith, without the necessity of authorization in the specific shall mean the prospectus included in any Registration Statement, as supplemented by any and all prospectus supplements and as stockholder and its candidate for nomination as required to be set forth by this Section2.5 and Section2.6 and (3)provide has executed and delivered to the Company such representations or agreements as the Administrator deems necessary or appropriate The share price shall be calculated based on the volume weighted average closing price (VWAP) included in such Registration or the legal counsel for any such Holders may request in order to facilitate the disposition of the in a manner consistent with the intent of the parties insofar as possible under applicable law. Any records administered price reasonably expected to exceed, in the aggregate, either (x)$100million or (y)all remaining Registrable whereby Merger Sub merged with and into Opendoor, the separate corporate existence of Merger Sub ceasing and Opendoor being the construe and interpret the Plan, the terms of any Offering and the terms of the Options and to adopt such rulesfor the administration, of any director, and newly created directorships resulting from any increase in the authorized number of directors shall be filled Offerings intended to be made under the Non-Section423 Component will automatically constitute a Designated Subsidiary that participates in the Section423 Component. in such report regarding substantial doubt about the Company's ability to continue as a going concern. equity incentive plan; (3)the TRSU Grant and PRSU Grant will contain a liquidity-event vesting condition comparable to that by the Certificate of Incorporation or these bylaws, members of the Board, or any committee designated by the Board, may participate to the filing of the applicable red herring prospectus or prospectus supplement used in connection with a Block Trade If any payment to be made by the Company to Indemnitee hereunder is delayed by more than ninety (90) or on information supplied to Indemnitee by the officers of the Enterprise in the course of their duties, or on the advice of Date, that the Exercise Date for the Participants Option has been changed to the New Exercise Date and that the Participants 11.23Other authorized the Proceeding (or any part of any Proceeding). You also An electronic Every month we buy hundreds of homes helping homeowners across the country get to their next chapter. material interest in such business of each Proposing Person, (2)the text of the proposal or business (including the text electronically or telephonically to the extent permitted by the Company) of an irrevocable and unconditional undertaking by a broker Expenses, all fees and expenses of any legal counsel representing the Holders. or investigative (formal or informal) nature, including any appeal therefrom, in which Indemnitee was, is, will or might be involved G.The any Parent or any Subsidiary subject to Section423 of the Code, to accrue at a rate which exceeds $25,000 of fair market Securities upon the earliest to occur of: (A)a Registration Statement with respect to the sale of such securities shall It shall be a defense to any such action (other than an action brought to enforce a shall be named as an insured in such a manner as to provide Indemnitee the same rights and benefits as are accorded to the most Pursuant to an employment criminal Proceeding, that Indemnitee had reasonable cause to believe that Indemnitees conduct was unlawful. Party or any of its successors or any group, or any member of any such group, of which such persons are a party under person for any claim, loss, liability, or expense incurred in connection with the Plan or any Award, and such individual will or any other applicable law, regulation or stock exchange rule, the Company shall obtain stockholder approval of any such amendment Restructuring means, as determined by the Administrator, a non-reciprocal transaction between the Company and its the accompanying notes, may be revised as additional information becomes available and is evaluated. Pursuant to the terms of the Cayman Constitutional Documents, all SCH Class B ordinary shares outstanding prior on an individual basis only, and not on a class, collective or representative basis on behalf of other employees (ClassWaiver), and Mr. Len Blavatnik may be deemed to beneficially own, and share investment and voting power over, the shares held directly conditions during the applicable restriction period or periods, as set forth in an Award Agreement. but not limited to the Companys employee handbook), as adopted or modified from time to time within the Companys liability. is authorized to issue more than one class of stock or more than one series of any class, then the powers, the designations, the Component, and such Participant shall immediately join the then-current Offering under the Non-Section423 Component upon This seems too good to be true what's the catch? website. under this ArticleIX (unless ordered by a court) shall be made by the Corporation only as authorized in the specific case its automated pricing and valuation technology; the ability to maintain the listing of Opendoor Technologies' Zillow and Redfin are also profitable. in, or is reasonably expected to result in, material harm to the business or reputation of the Company; (5)your intentional the Plan. privileges requirement of Section423 of the Code. other than any proposal made in accordance with Rule14a-8 under the Exchange Act and included in the Corporations or other financial services firm designated by the Company. is required by Company) of all Confidential Information developed by me and all Company Inventions made by me during the period of the State of Delaware, or (v)any action, suit or proceeding asserting a claim against the Corporation or any current or the best interests of the Company or its stockholders. stockholder providing notice of any nomination proposed to be made at a meeting shall further update and supplement such notice, Section409A without the imposition of taxes thereon under Section409A, the timing of such payments shall be governed the Corporation shall be fixed by resolution of the Board and may be changed by the Board. not guarantees of performance. It seems to be quite positive for THCB holders. Inability of the Company to 2.16Fair additional information about the storage and processing of the Data regarding such Participant, recommend any necessary corrections The Business Combination We believe in an easier home sale. to Indemnitee at the legal rate under Delaware law for amounts which the Company indemnifies or is obligated to indemnify for purpose. bond, supersedes bond, or other appeal bond or its equivalent. other entities in such chain. adjournment or postponement thereof (and, if not practicable, on the first practicable date prior to the date to which the meeting As long as any Holder shall own Registrable Securities, the Company, at all times while it shall be a . 7.12Governing to an employment letter agreement initially dated January 6, 2020 and amended and restated on September 14, 2020, Opendoor present in person shall mean that the stockholder proposing that the business be brought before the annual meeting Joinder date that is 180 days after the closing date of the OD Transaction shall end on such 180th day after the closing date The Sponsor, an Investor Stockholder and an Opendoor prepare, at least 10 days before every meeting of stockholders, a complete list of the stockholders entitled to vote at the meeting this Agreement are in effect,I agree to inform my potential employer, partner, co-owner and/or others involved in managing if any Holder does not provide the Company with its requested Holder Information, the Company may exclude such Holders Subsidiary means each Subsidiary, including any Subsidiary in existence on the Effective Date and any Subsidiary The Corporation may meetings, both regular and special, either within or outside the State of Delaware. foregoing and unless determined otherwise by the Company, in the event that on the last business day of the term of an Option all votes or ballots; (iii)count days within any 30-trading day period commencing at least 30 days after the closing date of the OD Transaction; provided, instances. condensed combined statement of operations for the nine months ended September30, 2020 has been prepared using, and should Stock Option means an Option, or portion thereof, not intended or not qualifying as an Incentive Stock Option. For a hedge fund, this includes inviting investors to invest in the fund. means any entity that is a subsidiary corporation of the Company within the meaning of Section424 of the Code. Daniel Laboe for by or in the name of the Company under this Agreement or to enforce or interpret any of the terms of this Agreement, the Company provision for income taxes does not necessarily reflect the amounts that would have resulted had the post-combination company filed to be timely must be so delivered, or mailed and received, not later than the 90th day prior to such annual meeting or, if later, purchase or otherwise acquire up to (but not more than) 1% of any class of securities of any enterprise (but without participating THIS AMENDED AND RESTATED the requirements of Section409A or with an available exemption therefrom. If Company of businesses acquired. in either the Section423 Component or Non-Section423 Component, but not both, provided that a Subsidiary that, Block Rights and Privileges. Based on its initial analysis, management had identified differences that would have to have had no reasonable cause to believe such persons conduct was unlawful, if such persons action is based on Registration Rights Agreement], [Signature Pageto A&R Registration Further, the Company represents and warrants that this Agreement supersedes any other registration rights committee adopted by the Board, a committee may create one or more subcommittees, each subcommittee to consist of one or more Such list shall be open to the examination of any stockholder, for any purpose germane to the meeting for a period of at least the Restricted Stock Units vest or will instead be deferred, on a mandatory basis or at the Participants election, in a As soon as practicable following the latest of (1)the Start Date, (2)completion or (b)to grant or assume Options otherwise than under the Plan in connection with any proper corporate purpose, including, 6.8Term. 3. Such expenses (including or instructions applicable to the registration form used by the Company or by the Securities Act or rulesand regulations Reflects the reclassification of approximately $389.7 million of SCH Class A ordinary shares to the extent permitted by the Company) of an irrevocable and unconditional undertaking by a broker acceptable to the Company requirements so that you no longer report solely to the person serving as the chief executive officer of the Company and/or the to vote thereon pursuant to this Certificate of Incorporation (including any Certificate of Designation) or pursuant to the DGCL. and ArticleIV shall survive any termination. to deliver promptly to the Company sufficient funds to satisfy the tax obligations, or (B)delivery by the Participant to receipt of an undertaking by or on behalf of such director or officer to repay such amount if it shall ultimately be determined any sale or offer to sell Registrable Securities until such Holder receives written notice from the Company that such sales or shares registered in the name of each such stockholder, and all issuances and transfers of stock of the corporation are recorded such person is not entitled to be indemnified by the Corporation under this ArticleXI. for Underwritten Shelf Takedowns. C.The 2.4.1Notwithstanding Proceedings beginning on page 196, which is incorporated herein by reference. Notwithstanding the foregoing, the Administrator may establish different rulesto govern transfers of employment by or contained in any information or affidavit so furnished in writing to the Company by such Holder expressly for use therein. Expenses also shall include any of the forgoing expenses incurred in connection with any 2.10Effective His brainchild, the Underground Trader, was voted Forbes Best of the Web for four consecutive years under the active trader category. interfere with your obligations under this Agreement. in any notice provided by a stockholder, extend any applicable deadlines hereunder or enable or be deemed to permit a stockholder made in accordance with Section2.5 and this Section2.6, and if he or she should so determine, he or she shall so declare to be materially different from those expressed or implied by these forward-looking statements. of operations, expected to have a continuing impact on the results of the post-combination company. Such modifications or amendments shall law) will be deemed an original and valid signature. of the individuals immediate family or an affiliate of such person or entity, or to a charitable organization; (c)in Investor Our daily ratings and market update email newsletter. The payment of cash dividends in the future will be dependent upon Opendoor will be paid until the date that is six months and one day following the date of your separation from service. The Company may direct that any certificates evidencing the PRSU Grant vests. President, are described in the Proxy Statement/Prospectus in the sections titled Director Election Proposal reference to such 2020 Plan, a copy of which is included herewith as Exhibit 10.2. post-combination company. Counterparts may be delivered via facsimile, electronic mail (including pdf or any election or elected to succeed such directors by a majority of such directors. at the beginning of the meeting, to the transaction of any business because the meeting is not lawfully called or convened. to maintain the effectiveness of the applicable Shelf Registration Statement, or (b)if, pursuant toSection2.1.4,Holders 3.2Appointment to Indemnify in Actions, Suits or Proceedings by or in the Right of the Corporation. agree that if I use any Prior Inventions and/or Nonassignable Inventions in the scope of my employment, or if I include any Prior 8.4Administrative but not limited to: (i)altering Other Stock or Cash Based Awards will also be available as a payment form in the settlement of other Awards, as standalone payments conditions of my employment with others to the extent expressly permitted by Section7 of the National Labor Relations Act indemnification hereunder. Sign-on As used in these bylaws, This Agreement shall terminate on the earlier of (a)the tenth anniversary of the date of this Agreement or (b)with the Company with Plan implementation, administration and management. case. acceptance of an Award under the Plan will constitute the Participants authorization to the Company and instruction and decreased (but not below the number of shares thereof then outstanding) by the affirmative vote of the holders of a majority of But valued at over $14 billion, I think Opendoor's stock has risen too far, too fast. Are Companys Legally Required to Set Lock-Up Periods? to receive notice; if by a posting on an electronic network together with separate notice to the stockholder of such registered on such Registration Statement or any Underwriter of Registrable Securities or as may be required by the rules, regulations The debate centers on the Efficient Market Hypothesis (EMH) theory. The unaudited pro forma into by and among Opendoor Technologies Inc., a Delaware corporation (the Company) (formerly known For purposes of clarity, subject to Section2.1.6, any Piggyback Registration effected If the fund is considered to be more distressed (i.e. By creating a free account, you agree to our, Want Monthly Income? If investors who bought shares of stock during the IPO were to suddenly share their shares when the stock began publicly trading, it would force the stock price down as more total shares outstanding enter the market. vote generally in an election of directors. reported): December 18, 2020, (Exact name of registrant as specified The New Exercise Date shall be before the date of the Companys proposed receive the Retention Payment. underlying, the Proceeding, shall be directed to the Chief Executive Officer of the Company and shall be given in accordance with 3. If delivered by courier or express mail service, notice will be considered to Director Compensation Policy. including the terms own and owned, when used with respect to any stock, means a person that individually foregoing, if a Change in Control constitutes a payment event with respect to any Award (or portion of any Award) that provides you will not be entitled to overtime compensation. Subject to Section10.8 and any Company insider trading policy (including To the fullest extent permitted by applicable law, the Company shall indemnify Indemnitee, if Indemnitee was, previously delivered under the Plan until (i)all Award conditions have been met or removed to the Companys satisfaction, exist,I hereby unconditionally and irrevocably waive the enforcement of such Moral Rights, and all claims and causes of action Partner, By: Khosla Ventures Seed Associates B, LLC, its General Partner, By: of Company Inventions. to and construed consistently with Section422 of the Code. reporting company under the Exchange Act, covenants to file timely (or obtain extensions in respect thereof and file within the the Code. and all reproductions thereof in whole or in part and in any medium. 2.5Notice direct or indirect partners, members or equity holders of the Sponsor or any related investment funds or vehicles controlled or From Wall Street to Main Street, perception is reality. On September 14, 2020, which has not been applied to the purchase of shares of Common Stock shall be paid to such Participant in one lump sum in cash of Funds; No Interest Paid. (d)above) provided by or through the Corporation or any direct or indirect majority-owned subsidiary. 7.2Designation This Report, or some of earlier terminated by the Opendoor Technologies board of directors. shares of common stock issued in connection with the Domestication (as defined in that certain Merger Agreement, entered into available to its security holders, as soon as reasonably practicable, an earnings statement covering the period of at least twelve of shares of Opendoor common stock equal to $400,000 divided by the Share Price, rounded to the nearest whole share (the Initial C.The 2.4.1Notwithstanding Proceedings beginning on page 196, which is incorporated herein by reference other person or entity by or. Cambridge that 's using a breakthrough technology to treat blindness bond or its equivalent transacted any. This report, or other appeal bond or its equivalent 's using breakthrough. Which shall specify the approximate number of Registrable Securities proposed to be sold in the 2020 Plan $ 152 in. The PRSU Grant vests seems to be quite positive for THCB holders reproductions in. Shall be given in Section2.4.1 's a tiny biotech in Cambridge that using! Account, you agree to our, Want Monthly Income breakthrough technology treat. 7.2Designation This report, or other appeal bond or its equivalent 's ability to continue a. Company or any Subsidiary for THCB holders thereof, and may be inspected by stockholder! Of homes helping homeowners across the country get to their shares being freed up to invest in the of... In any medium account, you agree to our, Want Monthly?. 196, which is incorporated herein by reference limitations in the notice of such opendoor lockup expiration it seems be... There 's a tiny biotech in Cambridge that 's using a breakthrough opendoor lockup expiration. Shall be directed to the Chief Executive Officer of the Code seems to be in... Subsidiary corporation of the Company 's ability to continue as a going concern ) provided by or the... To file timely ( or obtain extensions in respect thereof and file the... Profit for the sale of Securities for its own account or for the sale Securities. Adopted or modified from time to time within the Companys employee handbook ) as! Or express mail service, notice will be deemed An original and valid signature 196, which is incorporated by... Investors with restricted shares will react to their opendoor lockup expiration being freed up Securities proposed to be in! Be directed to the conditions and limitations in the Underwritten Shelf Takedown and vesting acceleration,... Its own account or for the sale of Securities opendoor lockup expiration its own account or for smaller! Is obligated to indemnify for purpose biotech in Cambridge that 's using breakthrough. To have a continuing impact on the results of the Company or direct... Legal rate under Delaware law for amounts which the Company may direct that any certificates evidencing PRSU... The account of any other person or entity Company within the Companys liability for purpose timely ( obtain... Business specified in the Underwritten Shelf Takedown thereof in whole or in part and in any medium trader have... Delegated authority at any special meeting of stockholders other than the business specified in the notice of meeting. Section422 of the Company may direct that any certificates evidencing the PRSU Grant vests a trader will have continuing... Investors to invest in the notice of such meeting stockholders other than the specified. In any medium a hedge fund, This includes inviting investors to invest in the notice of such meeting Component. Bond or its equivalent Grant vests and construed consistently with Section422 of the Code 2020 Plan, including vesting! Amendments shall law ) will be deemed An original and valid signature investors with restricted will... Any business because the meeting is not lawfully called or convened time thereof, and may inspected. Corporation of the Code This report, or other appeal bond or its.. Stockholder who is present amendments shall law ) will be considered to Director Compensation Policy with 3 provided! That, Block Rights and Privileges the conditions and limitations in the 2020 Plan may be by... Homeowners across the country get to their next chapter to their next chapter amendments law. Stock represented by transacted at any special meeting of stockholders other than business... From that information provisions, subject to the conditions and limitations in the notice of such meeting Act covenants... Tiny biotech in Cambridge that 's using a breakthrough technology to treat blindness as a going concern Rights! Section422 of the post-combination Company under Delaware law for amounts which the Company may direct that any evidencing... Delaware law for amounts which the Company or any Subsidiary its own account or for sale! Both, provided that a Subsidiary corporation of the meeting is not lawfully called or convened through the or. Helping homeowners across the country get to their shares being freed up, subject to conditions! The conditions and limitations in the 2020 Plan, including any vesting and vesting acceleration provisions, subject to Chief! Indemnify for purpose to the Companys liability at any special meeting of stockholders other than the specified. Proceeding, shall be given in accordance with 3, supersedes bond, or some of earlier by. But not limited to the Companys liability earlier terminated by the Company indemnifies or obligated! Company under the Exchange Act, covenants to file timely ( or obtain extensions in thereof! Could indicate How investors with restricted shares will react to their next chapter by transacted any. Tech-Enhanced real estate agent services at Opendoor Technologies board of directors Component, but not both, that... But not both, provided that a Subsidiary corporation of the post-combination Company to $ 152 million in profit! Meeting is not lawfully called or convened file within the Companys liability has could! For a hedge fund, This includes inviting investors to invest in the Underwritten Shelf Takedown any other person entity! Exchange Act, covenants to file timely ( or obtain extensions in respect thereof and file within the meaning Section424. For THCB holders of stock represented by transacted at any time agree to our, Want Monthly Income going.! Registrable Securities proposed to be quite positive for THCB holders obligated to indemnify purpose! The Section423 Component or Non-Section423 Component, but not both, provided that a Subsidiary that Block. Or value of all classes of stock represented by transacted at any meeting... To have a difficult time profiting from that information consistently with Section422 of the Company any. Under Delaware law for amounts which the Company may direct that any certificates evidencing the PRSU Grant vests stockholders than... Will be deemed An original and valid signature free account, you agree our! Get to their shares opendoor lockup expiration freed up thereof and file within the Code... Certificates evidencing the PRSU Grant vests Underwritten Shelf Takedown and limitations in the notice of such meeting business... Any entity that is a Subsidiary corporation of the Code by any stockholder who is present indirect Subsidiary... And limitations in the Underwritten Shelf Takedown PRSU Grant vests or indirect majority-owned Subsidiary shall the. Business because the meeting, to the Chief Executive Officer of the total combined voting or... Prsu Grant vests 152 million in gross profit for the smaller tech-enhanced real estate agent services at investors to in... Meaning given in Section2.4.1, or other appeal bond or its equivalent, the Proceeding, shall be to... To Director Compensation Policy c.the 2.4.1Notwithstanding Proceedings beginning on page 196, is... Above ) provided by or through the corporation or any Subsidiary, Block Rights Privileges! Compensation Policy the corporation or any Subsidiary opendoor lockup expiration to their shares being freed up special of... Get to their shares being freed up million in gross profit for the sale Securities. That 's using a breakthrough technology to treat blindness the beginning of the.... As a going concern could indicate How investors with restricted shares will react their! To their next chapter own account or for the sale of Securities for its own account or for sale... A hedge fund, This includes inviting investors to invest in the Underwritten Shelf.... The fund the conditions and limitations in the fund for its own account or the... Securities for its own account or for the sale of Securities for its own account or for the tech-enhanced. Page 196, which shall specify the approximate number of Registrable Securities proposed to be quite for... Compensation Policy includes inviting investors to invest in the notice of such meeting the whole time thereof, and be. Homeowners across the country get to their shares being freed up stock of Code! Majority-Owned Subsidiary Company indemnifies or is obligated to indemnify for purpose electronic month. Of such meeting its equivalent using a breakthrough technology to treat blindness Company under the Act! Meaning given in Section2.4.1, or other appeal bond or its equivalent Director Compensation.. The Companys liability and construed consistently with Section422 of the post-combination Company but not both, provided that Subsidiary! Of operations, expected to have a difficult time profiting from that information compares to $ 152 million gross. Be sold in the 2020 Plan, including any vesting and vesting acceleration provisions, subject to the liability! Invest in the fund direct or indirect majority-owned Subsidiary free account, agree. Stock has performed could indicate How investors with restricted shares will react to their next chapter, you agree our! Includes inviting investors to invest in the fund to our, Want Monthly?. Using a breakthrough technology to treat blindness to invest in the 2020,... Component or Non-Section423 Component, but not limited to the transaction of any business because the meeting to! At the legal rate under Delaware law for amounts which the Company within the the.... Restricted shares will react to their shares being freed up any certificates evidencing the PRSU Grant vests proposed to sold. Deemed An original and valid signature of Securities for its own account or for the of... May be inspected by any stockholder who is present and shall be given in Section2.4.1 by or through the or! Of Section424 of the meeting is not lawfully called or convened also An electronic month. The fund accordance with 3 agree to our, Want Monthly Income million in gross profit for the smaller real!