Examples of Ownership Percentage in a sentence
By: Name: Title: LIMITED LIABILITY COMPANY OPERATING AGREEMENT PFG Fund V, LLC EXHIBIT “A” INITIAL MEMBERS, CONTRIBUTIONS AND OWNERSHIP OF MEMBERSHIP INTERESTS AS OF THE EFFECTIVE DATE Initial Member Ownership Percentage Pine Financial Group, Inc.
Until the date that the Share Ownership Percentage of the NLI Parties is less than 15%, NLI shall have the right to second three employees (each, a “Secondee”) to the Company from time to time to non-executive positions or roles at the Company, pursuant to a secondment agreement entered into between NLI and the Company (the “Secondment Agreement”); provided that each Secondee and the terms of each secondment shall be mutually acceptable to the Company and NLI.
Other than the termination provisions that are specifically provided elsewhere in this Agreement, this Agreement shall terminate (except for Section 4 and Section 5.4, in each case as governed by the provisions therein) (a) upon the mutual written agreement of the Company and Stockholder or (b) at such time as the Combined Ownership Percentage is less than 5%.