Examples of Common Stockholder Shares in a sentence
In connection with the issuance of any additional equity securities of the Company to any Person, the Company may permit such Person to become a party to this Agreement and succeed to all of the rights and obligations of a "Stockholder" under this Agreement by obtaining the consent of the holders of a majority of the Common Stockholder Shares and an executed counterpart signature page to this Agreement, and, upon such execution, such Person shall for all purposes be a "Stockholder" party to this Agreement.
If more than one Significant Stockholder elects to purchase the Available Shares, the Available Shares will be allocated among such electing stockholders pro rata according to the number of Common Stockholder Shares (as defined in the Stockholders Agreement) owned by each such electing stockholder.
So long as any Director designated hereunder serves on the Board and for at least three years thereafter, the Company shall use its best efforts to obtain and to maintain directors and officers indemnity insurance coverage at a commercially reasonable price satisfactory to the holders of a majority of the Common Stockholder Shares and the Company's charter and bylaws shall provide for indemnification and exculpation of Directors to the fullest extent permitted under applicable law.
Notwithstanding the foregoing, if an amendment or modification of this Agreement serves merely to add a party hereto, then such amendment or modification will be effective against the Company and the holders of Stockholder Shares if such amendment or modification is approved in writing 14 15 by the Company, the holders of a majority of the Common Stockholder Shares and such new party hereto.
If more than one Significant Stockholder elects to purchase the Available Shares, the Available Shares will be allocated among such electing stockholders pro rata according to the number of Common Stockholder Shares owned by each such electing stockholder.
The Company may assign all or any portion of its rights pursuant to this Section 11 to the Investors, in proportion to their holdings of Common Stockholder Shares, and may exercise such repurchase rights by written notice to the holder of the GSI Shares, and at such holder's address, each as reflected on the Company's books.
If more than one Significant Stockholder elects to purchase the Available Shares, the Available Shares will be allocated among such electing stockholders pro rata according to the number of Common Stockholder Shares owned by each such - 4 - 5 electing stockholder.
Within 30 months of the signing of the Cooperative Agreement, the consultant will provide to the Governance Committee and the Water Management Committee a recommendation for a Water Conservation/Supply Action Plan incorporating water conservation/supply alternatives identified in the Reconnaissance Study which are feasible and consistent with attainment of the goals of the program.
Notwithstanding the foregoing, if an amendment or modification of this Agreement serves merely to add a party hereto, then such amendment or modification will be effective against the Company, and the holders of Stockholder Shares if such amendment or modification is approved in writing by the Company, the holders of at least a majority of the Common Stockholder Shares, and such new party hereto.
The provisions of this Agreement may be amended upon the written agreement of the Corporation and the holder or holders of (a) at least a majority of the outstanding Registrable Securities, and (b) the holder or holders of a majority of the outstanding Common Stockholder Shares.