Major Shareholder Sample Clauses
The Major Shareholder clause defines who qualifies as a significant or controlling shareholder within a company, typically based on ownership of a specified percentage of shares. This clause often sets thresholds—such as holding 10% or more of the voting stock—and may outline special rights, obligations, or restrictions that apply to these shareholders, such as disclosure requirements or approval rights for certain corporate actions. Its core function is to identify key stakeholders whose influence or decisions could materially impact the company, thereby ensuring transparency and appropriate governance controls.
Major Shareholder. 16 material..............................................................46 material adverse change...............................................68 material adverse effect...............................................68 Merger.................................................................1
Major Shareholder. Loss involving any person who, at the time of committing an act which results in a Loss, owns or controls more than 5% of issued share capital of any Insured.
Major Shareholder. COMPANY: Spectrx, Inc. ----------------------------- Mark ▇▇▇▇▇▇▇ ▇▇. of Common Shares: 434,143 By: ------------------------------------- Address: Title: --------------------- ------------------------------------- --------------------- Address: 2518 ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ EXHIBIT I IGNOTZ AGREEMENT SPECTRX, INC. STOCK RESTRICTION AND CO-SALE AGREEMENT THIS AGREEMENT is made and entered into this ____ day of January, 1993 by and among Spectrx, Inc. (the "Company") a Delaware corporation, Keit▇ ▇▇▇▇▇▇ (▇▇e "Major Shareholder"), and the investors set forth on the signature page of this agreement (the "Investors").
Major Shareholder. The Purchaser is a major shareholder of the Company and in such capacity the Purchaser acknowledges that he is familiar with the Company’s business, financial conditions and prospects and that he enters into this Agreement only in reliance on the information and data known to him as stated above. The Purchaser further confirms that he is not relying on any oral or written representations, warranties or other assurances from the Banks with respect to the Company or its business, operations, prospects, or financial affairs.
Major Shareholder. COMPANY: Spectrx, Inc. ------------------------ Jona▇▇▇▇ ▇▇▇▇▇▇▇▇