Number of shareholders. (1) General rule.
Number of shareholders. Each po- tential current beneficiary of the ESBT, as defined in paragraphs (m)(4)(i) through (vi) of this section, is counted as a shareholder of any S cor- poration whose stock is owned by the ESBT. During any period in which the ESBT has no potential current bene- ficiaries, the ESBT is counted as the shareholder. A person is counted as only one shareholder of an S corpora- tion even though that person may be treated as a shareholder of the S cor- poration by direct ownership and through one or more eligible trusts de- scribed in section 1361(c)(2)(A). Thus, for example, if a person owns stock in an S corporation and is a potential cur- rent beneficiary of an ESBT that owns stock in the same S corporation, that person is counted as one shareholder of the S corporation. Similarly, if a hus- band owns stock in an S corporation and his wife is a potential current ben- eficiary of an ESBT that owns stock in the same S corporation, the husband and wife will be counted as one share- holder of the S corporation.
Number of shareholders. Parent will notify St. Cloud from time to time when the number of its Shareholders decreases below fifty (50).
Number of shareholders. To the best knowledge of MSGI after conducting diligent inquiry, MSGI has thirty-five (35) or fewer unaccredited shareholders. For purposes of this Section 2.24, the term "unaccredited investors" shall mean any investor who does not fall within the definition of an accredited investor as set forth in Rule 501 (a) of Regulation D of the Securities Act.
Number of shareholders. The number of shareholders of Amalco, exclusive of Persons who are in its employment and exclusive of Persons who, having been formerly in the employment of Amalco, were, while in that employment, and have continued after termination of that employment to be, shareholders of Amalco, is limited to not more than 50, two or more Persons who are the joint registered owners of one or more shares being counted as one shareholder.
Number of shareholders who approached the issuer for transfer of shares from the Unclaimed Suspense Account during the year;
Number of shareholders. The Company has as of the date hereof, and as ---------------------- of the Closing Date will have, not more than 35 holders of Shares that are not accredited investors (as such term is defined under Rule 501 of the Securities Act).
Number of shareholders. 1 3. Warrants and options outstanding ............ none
Number of shareholders. The total number of registered shareholders in the underlying company must be at least two thousand (2000) as at the last Business Day of the year immediately preceding the date of introduction of the Stock Option Contract. Public Float The total number of underlying shares issued, excluding shares which are recorded in the register of substantial shareholders of that company, must be at least one hundred (100) million as at the last Business Day of the calendar month immediately preceding the date of introduction of the Stock Option Contract. Profit Record The underlying company must have had an uninterrupted after-tax profit record in the three (3) financial years immediately preceding the date of introduction of the Stock Option Contract.
Number of shareholders who approached issuer for transfer of shares from suspense account during the year; (iii) Number of shareholders to whom shares were transferred from suspense account during the year; (iv) aggregate number of shareholders and the outstanding shares in the suspense account lying at the end of the year; (v) that the voting rights on these shares shall remain frozen till the rightful owner of such shares claims the shares 5A.II For shares issued in physical form pursuant to a public issue or any other issue, which remain unclaimed, the company agrees to comply with the following procedure: (a) The registrar to the issue shall send at least three reminders at the address given in the application form as well as captured in depository’s database asking for the correct particulars. If no response is received, the company shall transfer all the shares into one folio in the name of “Unclaimed Suspense Account”. (b) The issuer company shall dematerialise the shares held in the Unclaimed Suspense Account with one of the Depository Participants. (c) All corporate benefits in terms of securities accruing on such shares viz. bonus shares, split etc. shall also be credited to such Unclaimed Suspense Account. (d) The voting rights on such shares shall remain frozen till the rightful owner claims the shares. Page 3 of 62 (e) The Unclaimed Suspense Account shall be held by the company purely on behalf of the allottees who are entitled for the shares and the shares held in such suspense account shall not be transferred in any manner whatsoever except for the purpose of allotting the shares to the allottee as and when he/she approaches the company. (f) The issuer company shall maintain details of shareholding of each individual allottee whose shares are credited to such Unclaimed Suspense Account. (g) As and when an allottee approaches the issuer company, the issuer company shall, after proper verification, either credit the shares lying in the Unclaimed Suspense Account to the demat account of the allottee to the extent of the allottee’s entitlement, or deliver the physical certificates after re-materialising the same, depending on what has been opted for by the allottee. (h) The company shall also disclose the following details in its Annual Report till the time the shares are in the Unclaimed Suspense Account:- (i) Aggregate number of shareholders and the outstanding shares lying in the Unclaimed Suspense Account at the beginning of the year; (ii) Number of shareholders w...
