The Management Shareholders Clause Samples
The 'Management Shareholders' clause defines the group of shareholders who are also part of the company's management team. Typically, this clause identifies these individuals by name or role and outlines their specific rights, obligations, or restrictions as both owners and managers. For example, it may address how their shares are treated differently in scenarios like vesting, transfer restrictions, or exit events. The core function of this clause is to clearly distinguish management shareholders from other investors, ensuring that their dual roles are recognized and appropriately governed within the agreement.
The Management Shareholders. 18 Past Transactions between the Company and Saw Mill........ 18
The Management Shareholders. NAME ADDRESS ---- ------- ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇-▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇
The Management Shareholders s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ THE MANAGEMENT SHAREHOLDERS: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ THE MANAGEMENT SHAREHOLDERS: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ THE MANAGEMENT SHAREHOLDERS: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ THE MANAGEMENT SHAREHOLDERS: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇ THE MANAGEMENT SHAREHOLDERS: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ THE MANAGEMENT SHAREHOLDERS: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ THE MANAGEMENT SHAREHOLDERS: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇
The Management Shareholders. Subject to all subsections of this Section 2 and subject to Section 5, a Management Shareholder shall have the right to sell to the Company, and the Company shall have the obligation to purchase from such Management Shareholder, all, but not less than all, of such Management Shareholder's shares of Common Stock at their Fair Market Value, as defined in and determined pursuant to Section 4.1, as of the date of termination if the employment of such Management Shareholder with the Company and all its Affiliates thereof is terminated by the Company without Cause (as defined in Section 24) or terminates as a result of (a) the death or Disability (as defined in Section 24) of such Management Shareholder, (b) the resignation of such Management Shareholder for Good Reason (as defined in Section 24) or (c) the retirement of such Management Shareholder upon or after reaching the age of 65 ("Retirement").
The Management Shareholders s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ THE MANAGEMENT SHAREHOLDERS: /s/ ▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ THE MANAGEMENT SHAREHOLDERS: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ THE MANAGEMENT SHAREHOLDERS: /s/ ▇▇▇▇▇ ▇. Goran ▇▇▇▇▇ ▇. ▇▇▇▇▇ THE MANAGEMENT SHAREHOLDERS: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ THE MANAGEMENT SHAREHOLDERS: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ THE MANAGEMENT SHAREHOLDERS: /s/ ▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇ ▇▇ THE MANAGEMENT SHAREHOLDERS: /s/ Garu ▇. ▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇ THE MANAGEMENT SHAREHOLDERS: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ THE MANAGEMENT SHAREHOLDERS: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ THE MANAGEMENT SHAREHOLDERS: /s/ ▇▇▇▇▇▇▇ ▇. Heardan ▇▇▇▇▇▇▇ ▇. Heardan THE MANAGEMENT SHAREHOLDERS: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ THE MANAGEMENT SHAREHOLDERS: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ THE MANAGEMENT SHAREHOLDERS: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ THE MANAGEMENT SHAREHOLDERS: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ THE MANAGEMENT SHAREHOLDERS: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ THE MANAGEMENT SHAREHOLDERS: /s/ York ▇. ▇▇▇▇▇ York ▇. ▇▇▇▇▇ THE MANAGEMENT SHAREHOLDERS: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇ THE MANAGEMENT SHAREHOLDERS: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
The Management Shareholders the 3i Vendors and Annetta Phillip hereby acknowledge and agree that th▇ ▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇ I-O Shares is made on the basis of the statements given severally by each of them (in respect of themselves only) and set out in Part 8 of the Schedule hereto.
The Management Shareholders. Each of the Management Shareholders, severally but not jointly represent and warrant to Grant as follows (it being understood that Stowell IRA's representations and warranties are being made ▇▇▇▇ ▇▇ the best of their knowledge in their context as not being a day-to-day manager of the JV's business and operations):
6.2.1 The JV is a Sino-foreign equity joint venture limited liability JV duly organized and validly existing under the laws of China, and has all requisite corporate power and authority to own and operate its property and to carry on its business as it is currently being conducted and proposed to be conducted as contemplated herein and in the other agreements by which it is bound.
6.2.2 Immediately before giving effect to the transactions contemplated hereby to occur at the Closing but after completion of the Initial Transactions, the JV's registered capital will consist of the "Total Amount" set out in part (b) of Schedule 6.2.2, divided and held by the Shareholders and Grant as set out therein. All such Shares are validly issued and are fully paid and nonassessable and were not issued in violation of any preemptive rights of any Person (or such preemptive rights have been waived). Immediately before giving effect to the transactions contemplated hereby to occur at the Closing but after completion of the Initial Transactions, the Shareholders and Grant will own all of the issued and outstanding shares of the JV, in the amounts set out in part (b) of Schedule 6.2.2, free and clear of all liens, claims, charges, security interests, agreements, options, pledges and other encumbrances of any nature, other than the transfer restrictions set forth in the JV Contract and the JV Articles. Except as provided herein, the JV has no other authorized, issued or outstanding shares of registered capital or other equity or other securities, and there are no outstanding options, warrants, convertible securities, calls, rights, commitments, preemptive rights, agreements, arrangements or understandings of any character obligating the JV or any of its respective shareholders (i) to issue, deliver or sell, or cause to be issued, delivered or sold, additional shares of registered capital or other equity of the JV or any securities or obligations convertible into or exchangeable for such shares or (ii) to issue, extend or enter into any such option, warrant, convertible security, call, right, commitment, or preemptive right, except as set forth in the JV Contract and ...