Equity Holdings Sample Clauses

Equity Holdings. It does not own more than 2% of the capital stock or other equity securities (including securities convertible or exchangeable into such securities) of or more than 2% of the aggregate profit participations in any entity other than a Subsidiary.
AutoNDA by SimpleDocs
Equity Holdings. (a) Outstanding options. As of the Effective Date, Director holds options to purchase 100,000 shares of Common Stock of the Company. Such options shall vest immediately and will expire on April 25, 2013. The remaining terms of the options will remain the same, including the exercise price.
Equity Holdings. Employee received 1,250,000 number of Series B-2 Units (the “B-2 Units”) at a $1.10 threshold value pursuant to the Amended and Restated Limited Liability Company Agreement dated April 1, 2011 (as amended from time to time, the “LLC Agreement”) and the Series B Unit Agreement by and between Holdings and Employee dated December 19, 2012 (the “B-2 Agreement”). Employee also received 250,000 number of Series B-5 Units (the “B-5 Units”) at a $1.40 threshold value pursuant to the LLC Agreement and the Series B Unit Agreement by and between Holdings and Employee dated November 13, 2014 (the “B-5 Agreement”). Employee will receive, subject to Section 12 below, vesting of any Time-Based Units that would have vested on April 1, 2016. Pursuant to the foregoing and the terms and conditions of Section 4 of the B-2 Agreement, only 40%, or 500,000 number of Employee’s B-2 Units are currently vested (“Vested B-2 Units”). Employee’s remaining 750,000 number of B-2 Units are unvested. Of the unvested B-2 Units, 625,000 number are Performance-Based Units (“Unvested Performance-Based B-2 Units”) and 125,000 number are Time-Based Units (“Unvested Time-Based B-2 Units”). Pursuant to acceleration of the April 1, 2016 vesting and the terms and conditions of Section 4 of the B-5 Agreement, only 20%, or 50,000 number of Employee’s B-2 Units are currently vested (“Vested B-5 Units”). Employee’s remaining 200,000 number of B-5 Units are unvested. Of the unvested B-5 Units, 125,000 number are Performance-Based Units (“Unvested Performance-Based B-5 Units”) and 75,000 number are Time-Based Units (“Unvested Time-Based B-5 Units”).
Equity Holdings. Except for their interests in the Company, and except as indicated in Exhibit 9.16 to this Agreement, none of the Sellers or the Shareholders owns any interest in any business, partnership, corporation, firm, joint venture or enterprise which is in competition with the Company or with a supplier or customer of the FAST Operating Entities. As used herein, an interest shall mean the direct or indirect ownership by any Seller or Shareholder, or a member of his or her family to the second degree (as defined in Article 74 et seq., Italian Civil Code, i.e., in the direct line as many degrees are computed as there are generations, excluding the common ancestor, and in the collateral line, degrees are computed by generations, moving up from one of the relatives to the common ancestor and down from the latter to other relative, always excluding the common ancestor), or collectively, of any class of equity securities.
Equity Holdings. Each Signatory Stockholder hereby (a) acknowledges, represents, warrants and agrees that the shares of Company Capital Stock indicated on the signature page hereto, together with any Company Stock Options, Company Warrants, and convertible promissory notes owned by such Signatory Stockholder, constitute all of the equity interests in the Company that such Signatory Stockholder owns and (b) covenants and agrees, for the benefit of Parent, that he, she or it will not transfer any shares of Company Capital Stock, Company Warrants, Company Stock Options and convertible promissory notes owned by such Signatory Stockholder prior to the effective time of the Merger.
Equity Holdings. Except as otherwise disclosed in other provisions or Schedules of this Agreement, the Company does not own and has not owned in the past 5 years, directly or indirectly (including through the Subsidiaries), any interest or investment in any corporation, partnership, joint venture, associations or consortium or other entity other than the Subsidiaries. The purchase price for the interest of Robuschi in Gieffe System acquired by Robuschi in 2008 has been paid in full and neither Robuschi nor any of the Subsidiaries will incur in any additional debt or obligation in such respect.
Equity Holdings. Employee acknowledges and agrees that Employee has the right to acquire only those shares that have vested and are exercisable as of the Separation Date, as shown in Employee's personal account on www.Scxxxx.xxx. Xxxept as set forth in Employee's Schwab account, Employee does not have any right to receive or acquire any other security, derivative security or equity of the Company or any Releasee. Employee acknowledges and agrees that Employee must exercise any vested options within 3 months of the Separation Date.
AutoNDA by SimpleDocs
Equity Holdings. Schedule 4.2 sets forth a complete and accurate statement of the Company’s equity holdings, including the total number of shares of stock the Company is authorized to issue, the name and address of each Shareholder, and the number of shares of stock held by each Shareholder.
Equity Holdings 

Related to Equity Holdings

  • Investment Company; Public Utility Holding Company Neither the Company nor any Subsidiary is an "investment company" or a company "controlled" by an "investment company" within the meaning of the Investment Company Act of 1940, as amended, or a "public utility holding company" within the meaning of the Public Utility Holding Company Act of 1935, as amended.

  • Holdings The term "Holdings" shall have the meaning set forth in the preface.

  • Public Utility Holding Company Neither the Company nor any Subsidiary is, or will be upon issuance and sale of the Securities and the use of the proceeds described herein, subject to regulation under the Public Utility Holding Company Act of 1935, as amended, the Federal Power Act, the Interstate Commerce Act or to any federal or state statute or regulation limiting its ability to issue and perform its obligations under any Transaction Agreement.

  • U.S. Real Property Holding Corporation The Company is not and has never been a U.S. real property holding corporation within the meaning of Section 897 of the Internal Revenue Code of 1986, as amended, and the Company shall so certify upon Purchaser’s request.

  • Partnership Capital A. No Partner shall be paid interest on any Capital Contribution to the Partnership or on such Partner's Capital Account, notwithstanding any disproportion therein as between Partners.

  • Parent A parent, legal guardian or person in parental relation to the Student.

  • Subsidiaries; Capital Stock As of the Closing Date, (a) Schedule 4.15 sets forth the name and jurisdiction of incorporation of each Subsidiary and, as to each such Subsidiary, the percentage of each class of Capital Stock owned by any Loan Party and (b) there are no outstanding subscriptions, options, warrants, calls, rights or other agreements or commitments (other than stock options and restricted stock units granted to employees or directors and directors’ qualifying shares) of any nature relating to any Capital Stock of the Parent Borrower or any Restricted Subsidiary, except (i) with respect to Capital Stock of Loan Parties, as created by the Loan Documents and (ii) otherwise, as permitted by this Agreement.

  • Real Property Holding Company The Company is not a real property holding company within the meaning of Section 897 of the Code.

  • Real Property Holding Corporation The Company is not and has never been a U.S. real property holding corporation within the meaning of Section 897 of the Internal Revenue Code of 1986, as amended, and the Company shall so certify upon Purchaser’s request.

  • Bank Holding Company Borrower is not a “bank holding company” or a direct or indirect subsidiary of a “bank holding company” as defined in the Bank Holding Company Act of 1956, as amended, and Regulation Y thereunder of the Board of Governors of the Federal Reserve System.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!