Common use of Ownership of Company Shares Clause in Contracts

Ownership of Company Shares. The Shareholder is the record and/or “beneficial owner” (as defined in Rule 13d-3 under the Securities Exchange Act of 1934, as amended, which meaning will apply for all purposes of this Agreement) of the number of outstanding Company Shares set forth in the recitals to this Agreement. Also set forth in the recitals to this Agreement is the number of Company Shares issuable upon the exercise of the Options. The Shareholder holds the requisite power to vote the number of Company Shares set forth in the recitals to this Agreement.

Appears in 17 contracts

Samples: Undertaking Agreement (Ashmore Investment Management LTD), Undertaking Agreement (Ashmore Investment Management LTD), Undertaking Agreement (Swarth Group Inc.)

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Ownership of Company Shares. The Shareholder is the record and/or "beneficial owner" (as defined in Rule 13d-3 under the Securities Exchange Act of 1934, as amended, which meaning will apply for all purposes of this Agreement) of the number of outstanding Company Shares set forth in the recitals to this Agreement. Also set forth in the recitals to this Agreement is the number of Company Shares issuable upon the exercise of the Options. The Shareholder holds the requisite power to vote the number of Company Shares set forth in the recitals to this Agreement.

Appears in 12 contracts

Samples: Undertaking Agreement (Carmel VC Ltd.), Undertaking Agreement (Carmel VC Ltd.), Undertaking Agreement (Carmel VC Ltd.)

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