Examples of Company Founders in a sentence
Company Founder No. 1 shall act for and on behalf of each of the Company Founders under this Agreement in respect of any right, action or waiver to be exercised by the Company Founders.
The Banking Company, Founders (as defined below) and the Investors shall be individually referred to as a “Party” and collectively as the “Parties”.
The period during which Company Founders employed by the Company hereunder is hereinafter referred to as the “Employment Term”).
During the Employment Term, Company Founder shall be entitled to receive shares of the Company’s common stock as follows: When the Company issues shares for the Initial Public Offering, Company Founders to be issued ten percent (10%) of said shares; and if shares are issued at such time to any other party Company Founders to be issued an equal amount of shares.
Costs and expenses incurred by Company Founders aforesaid shall be paid by the Company in advance of the final disposition of such litigation or Proceeding upon receipt by the Company of a written request for payment accompanied by suitable and appropriate documentation in support of such payment.