Examples of Class D Stockholder in a sentence
Each Class D Stockholder hereby revokes any proxy previously granted by such Class D Stockholder with respect to the Shares that is inconsistent with this proxy.
The documents in the Parent Disclosure Package conformed, as of the dates of their respective filing with the SEC, in all material respects, to the requirements of the 1933 Act and the 1934 Act and.
Each Class D Stockholder intends this proxy to be irrevocable (until the Founders Divestiture Date) and coupled with an interest and will take such further action and execute such other instruments as may be necessary to effectuate the intent of this proxy.
Subject to the other terms and conditions of this Section (A)6, holders of Class D Common Stock may exercise their Class D Redemption Rights by giving written notice in accordance with Sections (A)6(b) or (A)6(c), as the case may be (the "Class D Stockholder Redemption Notice").
The foregoing provisions of this paragraph shall not be deemed to restrict - - or prevent any transfer of such shares, subject to any automatic conversions into Class A Common Stock, depending on whether the transferor is a Class C Permitted Transferee or a Class D Permitted Transferee, by operation of law upon incompetence or death of any Class C Stockholder or Class D Stockholder.
If the Liquidity Event is not consummated following a timely Class D Stockholder Redemption Notice given in connection therewith, the Class D Redemption Right shall continue in effect as if the Class D Stockholder Redemption Notice had not been given.
Holders of Class D Common Stock may exercise their Class D Redemption Rights in connection with a Liquidity Event only by providing the Class D Stockholder Redemption Notice to the Corporation at its principal office no later than ten (10) days following the date on which the Corporation gives a Liquidity Event Notice.
If the IPO is not consummated following a timely Class D Stockholder Redemption Notice given in connection therewith, the Class D Redemption Right shall continue in effect as if the Class D Stockholder Redemption Notice had not been given.
If any holder of the Class D Common Stock exercises the Class D Redemption Right within the period prescribed by Section (A)6(a)(i), the Corporation shall pay the Class D Redemption Amount in cash within one hundred eighty (180) days of receiving the Class D Stockholder Redemption Notice.
No Class D Stockholder, in its capacity as such, may enter into any agreement or understanding with any Person prior to the Founders Divestiture Date to vote, commit, agree to take any action or give instructions in any manner inconsistent with this Section 3(d)(i).