Ownership Requirement. With respect to Weyerhaeuser, at any time, maintain the ownership (directly or indirectly) of or long-term leases on, no less than four million (4,000,000) acres of Timberlands.
Ownership Requirement. Ownership of a Unit is hereby limited exclusively to Residents.
Ownership Requirement. Employee hereby agrees that, for a period equal to the remaining portion of the Employment Term plus one year, Employee shall retain 20% of the shares of Common Stock received upon each exercise of all or any portion of the Option.
Ownership Requirement. If at any time the Investors cease to be the beneficial owner of more than 5% of Company’s common stock, then the JDS Group will cause the New Director to offer his resignation from the Board. The Board will consider such resignation in accordance with its normal practices. If the Board accepts such resignation, then the JDS Group will cause the New Director to resign from the Board. In the event that Company accepts the New Director’s resignation from the Board pursuant to this paragraph 9, then this Agreement, and all of the Investors’ obligations hereunder, will immediately terminate. From time to time, Company may make reasonable requests that the JDS Group provide a written certification of its ownership of shares of Company’s common stock, and the JDS Group will do so promptly following such requests.
Ownership Requirement. The Retailer Operator will have and maintain an unencumbered ownership interest in the Retailer of at least 10 percent at all times.
Ownership Requirement. Executive is a “Named Executive Officer” or “NEO.” Executive is subject to the Company’s equity ownership policy to align Executive’s interests with those of LSI’s public shareholders. This policy requires Executive to hold 150% of his base salary in equity and the Company’s expectation is that Executive will be able to meet this requirement by accumulating vested equity through the grant process and not be required to purchase shares of stock outright. COMPANY: EXECUTIVE: /s/ Xxxxxxx Xxxx Xxxxxxx Xxxx /s/ Xxxx DauntJohn Daunt
Ownership Requirement. If Executive is a “Named Executive Officer” or “NEO,” Executive will be subject to the Company’s equity ownership policy to align Executive’s interests with those of LSI’s public shareholders. This policy requires Executives who are Named Executive Officers to hold 150% of his base salary in equity and the Company’s expectation is that Executive will be able to meet this requirement by accumulating vested equity through the grant process and not be required to purchase shares of stock outright. The Company’s General Counsel will notify you if you are or become a Named Executive Officer. COMPANY: EXECUTIVE: /s/ Xxxxxxx Xxxx Xxxxxxx Xxxx /s/ Xxxxxxxx RozdilskyNicholas Xxxxxxxxx
Ownership Requirement. On the Closing Date, El Capitan shall have at least a 40% ownership interest in the patented and unpatented lode claims held by El Capitan, Ltd. mine and a balance sheet reflecting a positive net worth. The aforesaid 40% ownership interest is the subject of a written agreement with El Capitan, Ltd., a copy of which is included herewith as Exhibit 5.8.
Ownership Requirement. On the Closing Date, Shelby shall own 100% of the outstanding common stock of The Shelby Companies.
Ownership Requirement. On the date of the Extraordinary General Meeting, Investor shall own such number of Ordinary Shares at least equal to the number of Ordinary Shares it received from the Company on the Closing Date.
