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 owned by each such electing stockholder.
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.
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.
Subject to Section 3(c) below, if the Company's Board of Directors recommends or approves and the holders of a majority of the Common Stockholder Shares (the "Majority Holders") approve a Sale of the Company (an "Approved Sale"), each Stockholder agrees to vote for, consent to and raise no objections against the Approved Sale.
If more than one holder of Willxx Xxxxx Xxxres elects to purchase the Available Shares, the Available Shares will be allocated among such electing holders pro rata according to the number of Common Stockholder Shares on a Fully-Diluted Basis owned by each such electing holder.
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.
In the event that the Board and the holders of a majority of the Common Stockholder Shares (which majority must include the holders of a majority of the GTCR Shares and the holders of a majority of the TA Shares) approve a Public Offering, the holders of Stockholder Shares (in their capacity as such) shall take all necessary or desirable actions in connection with the consummation of the Public Offering.