Stock Subject to Agreement Sample Clauses

Stock Subject to Agreement. All of the shares of common stock, par value $0.01 per share, of the Corporation (the "Stock") owned by each of the Shareholders are made subject to the terms and provisions of this Agreement. Any additional Stock of the Corporation acquired by the Shareholders either by purchase, dividend or otherwise, shall be subject to this Agreement. Notwithstanding any other provision of this Agreement, this Agreement shall not prohibit or restrict in any manner the right of either Shareholder at any time to sell, transfer, pledge or otherwise dispose of any or all of the Stock owned by such Shareholder in each case free of the voting agreements and proxy set forth in this Agreement.
AutoNDA by SimpleDocs
Stock Subject to Agreement. Participant specifically acknowledges and understands that any shares of Common Stock purchased by Participant pursuant to this Agreement or otherwise owned by Participant shall be subject to a shareholder control agreement which, among other matters, shall include provisions restricting the pledge, encumbrance, sale, assignment, transfer, gift, or disposition of any such stock and provisions protecting any election the Company may have in place to be taxed as an S corporation under the Code whenever such election is in effect.
Stock Subject to Agreement. Unless otherwise specifically set forth in a separate written agreement between the Corporation and the Stockholder, this Agreement shall apply to all Stock issued to the Stockholder on or before the date of this Agreement and any additional shares of Stock which are issued to the Stockholder after the date of this Agreement. This Agreement supersedes any previous agreement between the Corporation and the Stockholder relating to such Stock and the sale or repurchase of such Stock by the Corporation.
Stock Subject to Agreement. This Agreement shall apply to all shares of common stock of Company currently owned or hereafter acquired by Stockholder (hereinafter called “Stock”) and shall supersede any and all previous agreements between the parties relating to the Stock.
Stock Subject to Agreement. Each of the Holders and Dancing Bear hereby agrees that, except as may otherwise be provided herein, this Agreement shall apply to any Stock currently held by them on the date hereof, any Stock subsequently acquired by them whether by purchase, option, gift, bequest or otherwise, or any Stock Transferred by them to a Permitted Transferee. Unless otherwise provided herein, as a condition to the transfer of warrant or warrant Shares to any Permitted Transferee, all such Permitted Transferees shall expressly become parties to this Agreement, shall be subject to the same rights and restrictions as Dancing Bear or the Holders, as applicable, and, unless the context indicates otherwise, all references to "Holder" or "Holders" herein shall include such transferees.
Stock Subject to Agreement. The parties expressly agree that this Agreement covers all shares of $.10 par value voting and nonvoting common stock of the Corporation now owned or acquired in the future by the Shareholders or their spouses while this Agreement remains in effect (the "Stock"). "Stock" shall include, without limitation, all of the Corporation's stock now owned or acquired in the future by the Shareholders or their spouses as marital property or as their individual property and, with respect to such Stock, the parties 2 expressly agree that if a Shareholder's spouse shall predecease a Shareholder, the interest of the deceased spouse in the Stock owned by the Shareholder shall remain subject to the terms and provisions of this Agreement. The Stock shall remain subject to this Agreement regardless of the termination of the marital relationship of a Shareholder and his spouse for any reason. The Shareholders' obligation to sell Stock shall include an obligation on the part of their spouses to sell or offer to sell such spouses' marital property interests in the Stock in the same manner.
Stock Subject to Agreement. (a) As of the Effective Time, each of the Significant Shareholders owned, or had the right to subscribe for the following number of shares in the capital of the Company with a per share par value of NLG 0.10, which have been registered and numbered consecutively but are not represented by certificates. Name Number of Original Shares ---- ------------------------- Xxxxxx Xxxxx 195,082 Xxxx Xxxxxxx 24,952 Xxxxx Xxxxx 24,952 Xxx Xxxxxxx 220,267 J. Xxxxx Xxxxxx-Prinsep 206,904 (b) In addition, as of the Effective Time, each of the Significant Shareholders had been granted a stock option for the purchase of the following number of shares in the NLG 0.10 per share par value capital of the Company pursuant to the terms of the Company's 1995 Stock Option Plan and an Option Agreement entered or to be entered into under that Plan with such Significant Shareholder.
AutoNDA by SimpleDocs
Stock Subject to Agreement. This Agreement shall apply to the [___] ([___]) Shares [sold to/transferred from] [___] to the Shareholder pursuant to [agreement].
Stock Subject to Agreement. This Agreement shall govern the Shares now held by the Shareholder and any additional shares of capital stock of the Company, its affiliates or its successor entity hereafter acquired by the Shareholder, whether as a result of acquisition, stock dividend, stock split, merger, consolidation or otherwise, and the term "Shares" as used herein shall include such after-acquired shares. Any interest of the Shareholder's spouse in the Shares shall for all purposes of this Agreement be included in, deemed a part of and bound by the same terms as the interest of the Shareholder in the Shares, and any action taken or option exercised hereunder with reference to the Shares shall be applicable to any interest of such spouse in the Shares.
Stock Subject to Agreement. This agreement applies to all stock of the -------------------------- Company acquired by the Employee on or after the date of this Agreement.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!