Common use of Related Party Clause in Contracts

Related Party. “Related Party” shall mean: (a) each stockholder who holds more than 1% of any of the Acquired Companies (other than any of the Acquired Companies); (b) each individual who is an officer or director of any of the Acquired Companies; (c) each member of the immediate family of each of the individuals referred to in clauses “(a),” and “(b)” above; and (d) any trust or other Entity (other than any of the Acquired Companies) in which any one of the Persons referred to in clauses “(a),” “(b)” and “(c)” above holds (or in which more than one of such Persons collectively hold), beneficially or otherwise, a material voting, proprietary or equity interest.

Appears in 2 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement (OMNICELL, Inc)

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Related Party. “Related Party” shall mean: (a) each stockholder (other than the Company and Parent) who holds more than 1% of any of the Acquired Companies (other than any of the Acquired Companies)Company; (b) each individual who is is, or who has at any time since inception been, an officer or director of any of the Acquired CompaniesCompany; (c) each member of the immediate family of each of the individuals referred to in clauses “(a),” and “(b)” above; and (d) any trust or other Entity (other than any of the Acquired CompaniesCompany) in which any one of the Persons referred to in clauses “(a),” “(b)” and “(c)” above holds (or in which more than one of such Persons collectively hold), beneficially or otherwise, a material voting, proprietary or equity interest; provided, however, that a portfolio company of a Related Party shall not be deemed to be a “Related Party” for the purpose of this definition.

Appears in 2 contracts

Samples: Merger Agreement, Merger Agreement (Yelp Inc)

Related Party. “Related Party” shall mean: (a) each stockholder who holds more than 1% of any of the Acquired Companies (other than any of the Acquired Companies)Selling Shareholder; (b) each individual who is or who has been at any time since inception of the respective Acquired Company, an officer or director of any of the such Acquired CompaniesCompany; (c) each member of the immediate family of each of the individuals referred to in clauses “(a),” and “(b)” above; and (d) any trust or other Entity (other than any of the an Acquired CompaniesCompany) in which any one of the Persons referred to in clauses “(a),” “(b)” and “(c)” above holds (or in which more than one of such Persons collectively hold), beneficially or otherwise, a material voting, proprietary or equity interest.

Appears in 1 contract

Samples: Share Purchase Agreement (Silicom Ltd.)

Related Party. “Related Party” shall mean: (a) each stockholder (other than the Company) who holds more than 1% of any of the an Acquired Companies (other than any of the Acquired Companies)Company; (b) each individual who is is, or who has at any time since inception been, an officer or director of any of the Acquired Companies; (c) each member of the immediate family of each of the individuals referred to in clauses “(a),” and “(b)” above; and (d) any trust or other Entity (other than any of the Acquired CompaniesCompany) in which any one of the Persons referred to in clauses “(a),” “(b)” and “(c)” above holds (or in which more than one of such Persons collectively hold), beneficially or otherwise, a material voting, proprietary or equity interest.

Appears in 1 contract

Samples: Merger Agreement (Yelp Inc)

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Related Party. “Related Party” shall mean: (a) each stockholder who holds more than 1% of any of the Acquired Companies (other than any of the Acquired Companies)Selling Shareholders; (b) each individual who is is, or who has at any time since inception been, an officer or director of any of the Acquired Companies; (c) each member of the immediate family of each of the individuals referred to in clauses “(a),” and “(b)” above; and (dc) any trust or other Entity (other than any of the Acquired CompaniesCompany) in which any one of the Persons individuals referred to in clauses “(a),” “(b)” and “(c)” above holds (or in which more than one of such Persons individuals collectively hold), beneficially or otherwise, a material voting, proprietary or equity interest.

Appears in 1 contract

Samples: Stock Purchase Agreement (U S Wireless Data Inc)

Related Party. “Related Party” shall mean: (a) each stockholder who holds more than 1% of any of the an Acquired Companies Company (other than any of the Acquired CompaniesCompany); (b) each individual who is an officer or director of any of the Acquired Companies; (c) each member of the immediate family of each of the individuals referred to in clauses “(a),” and “(b)” above; and (d) any trust or other Entity (other than any of the Acquired CompaniesCompany) in which any one of the Persons referred to in clauses “(a),” “(b)” and “(c)” above holds (or in which more than one of such Persons collectively hold), beneficially or otherwise, a material voting, proprietary or equity interest; provided, however, that ownership of no more than 1% of the outstanding voting stock of a publicly traded Entity shall not be deemed to be an interest in such Entity.

Appears in 1 contract

Samples: Merger Agreement (Yelp Inc)

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