Principal Stockholder Sample Clauses
The Principal Stockholder clause identifies and defines the rights, obligations, or status of the main shareholder(s) in a company, typically those holding a significant percentage of shares. This clause may specify the threshold for being considered a principal stockholder, outline special voting rights, or impose additional disclosure and approval requirements for major decisions. Its core function is to clarify the role and influence of major shareholders, ensuring transparency and proper governance in corporate decision-making.
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Principal Stockholder. Within twenty (20) days of the date hereof, each of the Principal Stockholders shall deliver a legal opinion to Acquiror in form and substance reasonably acceptable to the Acquiror addressing such matters as are customary and reasonably satisfactory to Acquiror.
Principal Stockholder. “Principal Stockholder(s)” shall mean Carlyle Partners III, L.P., a Delaware limited partnership, or any of its Affiliates to which (a) the Carlyle Partners III, L.P. or any other Person transfers shares of common stock of Parent, or (b) Parent issues shares of common stock of Parent.
Principal Stockholder. “Principal Stockholder” is defined in Recital E of the Agreement.
Principal Stockholder. ESI shall cause J.S. --------------------- ▇▇▇▇▇▇▇ to enter into an agreement agreeing to vote all of his shares of ESI Common Stock, and shall cause members of his immediate families to vote all of their shares of ESI Common Stock, at the ESI Stockholders Meeting in favor of approval of this Agreement and the Merger.
Principal Stockholder. “Principal Stockholder” shall have the meaning specified in the first paragraph of the Agreement.