Common use of Insider Status Clause in Contracts

Insider Status. The Subscriber either: Is an “Insider” of the Issuer as defined in the Policies of the TSX-V by virtue of being: (a) a director or senior officer of the Issuer; (b) a director or senior officer of a company that is an Insider or subsidiary of the Issuer; (c) a person that beneficially owns or controls, directly or indirectly, voting shares of the Issuer carrying more than 10% of the voting rights attached to all the Issuer’s outstanding voting shares; or (d) the Issuer itself if it holds any of its own securities. ❒ Is not an Insider of the Issuer.

Appears in 1 contract

Samples: Unit Subscription Agreement

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Insider Status. The Subscriber either: Is an “Insider” of the Issuer as defined in the Policies of the TSX-V by virtue of being: (a) a director or senior officer of the Issuer; (b) a director or senior officer of a company that is an Insider or subsidiary of the Issuer; (c) a person that beneficially owns or controls, directly or indirectly, voting shares of the Issuer carrying more than 10% of the voting rights attached to all the Issuer’s outstanding voting shares; or (d) the Issuer itself if it holds any of its own securities. Is not an Insider of the Issuer.

Appears in 1 contract

Samples: Common Share Subscription Agreement (Siyata Mobile Inc.)

Insider Status. The Subscriber either: Is an “Insider” of the Issuer as defined in the Policies of the TSX-V by virtue of being: (a) a director or senior officer of the Issuer; (b) a director or senior officer of a company that is an Insider or subsidiary of the Issuer; (c) a person that beneficially owns or controls, directly or indirectly, voting shares of the Issuer carrying more than 10% of the voting rights attached to all the Issuer’s outstanding voting shares; or (d) the Issuer itself if it holds any of its own securities. Is not an Insider of the Issuer.

Appears in 1 contract

Samples: Common Share Subscription Agreement (Siyata Mobile Inc.)

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Insider Status. The Subscriber either: o Is an “Insider” of the Issuer as defined in the Policies of the TSX-V by virtue of being: (a) a director or senior officer of the Issuer; (b) a director or senior officer of a company that is an Insider or subsidiary of the Issuer; (c) a person that beneficially owns or controls, directly or indirectly, voting shares of the Issuer carrying more than 10% of the voting rights attached to all the Issuer’s outstanding voting shares; or (d) the Issuer itself if it holds any of its own securities. o Is not an Insider of the Issuer.

Appears in 1 contract

Samples: Subscription Agreement (American Graphite Technologies Inc.)

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