Continuing Founder definition

Continuing Founder means, on any date of determination, each Founder that is then a party to the Voting Agreement.
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Continuing Founder means, on any date of determination, any Founder that is then a party to this Agreement.
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Continuing Founder means Xx Xxxxxxx Xxxxxxx.
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Examples of Continuing Founder in a sentence

  • Each Continuing Founder’s Pro Rata Share shall be memorialized in a certificate, which shall be acknowledged in writing by each Continuing Founder and delivered to the Company upon request.

  • Each Continuing Founder shall provide written notice to the Grantee upon the occurrence of any such event with respect to a Founder, and prior to such notice the Grantee shall be entitled to act as if no such event has occurred.

  • The Grantee shall not be responsible for or in respect of and makes no representation as to the validity or sufficiency of any provision of this Agreement or for the due execution hereof by the other parties hereto, or for the form, character, genuineness, sufficiency, value or validity of any of the securities of the Company, and the Grantee shall in no event assume or incur any liability, duty or obligation to any Continuing Founder, other than as expressly provided for herein.

  • For the avoidance of doubt, the terms of this Agreement do not restrict the ability of a Founder or any of its affiliates to transfer any Corporation Equity Securities that they hold or own, directly or indirectly, subject to the proxy and power of attorney execution requirements in this Section 2 with respect to certain transfers to a controlled affiliate of a Continuing Founder.

  • Upon the delivery of a Voting Agreement Withdrawal Notice and the corresponding Voting Trust Withdrawal Notice, such Continuing Founder shall immediately cease to be a party to this Agreement, and the proxy and power of attorney granted pursuant to Section 2 by such Continuing Founder and, if applicable, any of his Designated Stockholder Parties and controlled affiliates, shall be automatically revoked without further action by any Person.

  • Notwithstanding anything to the contrary, nothing in this Agreement shall limit or restrict any party from discharging its fiduciary duty, if any, or require any action that would violate any applicable law or regulation, and nothing herein shall be interpreted to the contrary (it being understood that this Agreement shall apply to each Continuing Founder solely in such Continuing Founder’s capacity as a holder of voting securities of the Company).

  • The Trustee shall be entitled to conclusively and exclusively rely upon the Continuing Founder Instructions provided to it from time to time hereunder without further inquiry or liability.

  • Each Continuing Founder shall promptly furnish to the Grantee such information as the Grantee may require from time to time regarding the number, by class or series, of Designated Founders’ Excluded Shares or Founder Shares.

  • By delivering a Continuing Founder Instruction to the Secretary, the Trustee and each other Beneficiary in accordance with Section 5.03(a), each Beneficiary shall be deemed to have represented and warranted to each other Beneficiary that he has not entered into any such agreement, understanding or arrangement.

  • By delivering a Continuing Founder Instruction to the Trustee, each Beneficiary shall be deemed to have represented and warranted to the Trustee that the same Continuing Founder Instruction has been delivered to the Secretary and each other Beneficiary.


More Definitions of Continuing Founder

Continuing Founder means a Founder who continues to hold at least 750,000 shares of Common Stock, as adjusted for any Recapitalization Events.
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Continuing Founder shall have the meaning assigned to such term in the Certificate of Incorporation.
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Related to Continuing Founder

  • Continuing Member means a member of the Board of Directors of the Company who either (a) was a member of the Company's Board of Directors on the Effective Date and has been such continuously thereafter or (b) became a member of such Board of Directors after the Effective Date and whose election or nomination for election was approved by a vote of the majority of the Continuing Members then members of the Company's Board of Directors.

  • Continuing Contract means a contract for Professional Services entered into in accordance with Section 287.055 of the Florida Statutes, between the District and a firm, whereby the firm provides Professional Services to the District for projects in which the costs do not exceed two million dollars ($2,000,000), for a study activity when the fee for such Professional Services to the District does not exceed two hundred thousand dollars ($200,000), or for work of a specified nature as outlined in the contract with the District, with no time limitation except that the contract must provide a termination clause (for example, a contract for general District engineering services). Firms providing Professional Services under Continuing Contracts shall not be required to bid against one another.

  • Standstill Termination Date means the earlier of (i) 90 days after the Board Designation Termination Date and (ii) the later of (A) the first anniversary of the date of this Agreement and (B) 90 days after the date on which all Purchaser Designated Directors have resigned or been removed from the Board and the Purchaser has permanently waived and renounced its Board designation rights under Section 1.

  • Continuing Director means, with respect to any Person as of any date of determination, any member of the board of directors of such Person who (i) was a member of such board of directors on the Closing Date, or (ii) was nominated for election or elected to such board of directors with the approval of the required majority of the Continuing Directors who were members of such board at the time of such nomination or election.

  • Non-Competition Period means the period the Executive is employed by the Company plus one (1) year from the Termination Date if the Executive's employment is terminated (i) by the Company for any reason, (ii) by the Executive for any reason, or (iii) by reason of either the Company's or the Executive's decision not to extend the term of this Agreement as contemplated by Section 1 hereof.

  • Special Termination Notice means the Notice of Special Termination substantially in the form of Annex VII to this Agreement.

  • Founders means all Members immediately prior to the consummation of the IPO.

  • Continuing Disclosure Undertaking means the Continuing Disclosure Undertaking of the Issuer, in substantially the form attached hereto as Exhibit 1, dated the Closing Date, for the purpose of providing continuing disclosure information under Rule 15c2-12 adopted by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as may be amended from time to time.

  • Founder means, in respect of an issuer, a person who,

  • Continuing care means some or all of the following services:

  • Continuing competence means a requirement, as a condition of license renewal, to provide evidence of participation in, and/or completion of, educational and professional activities relevant to practice or area of work.

  • Continuing treatment means ongoing medical treatment or supervision by a health care provider.

  • Employee assigned to the contract means an employee who was hired after November 6, 1986, who is directly performing work, in the United States. An employee is not considered to be directly performing work under a contract if the employee—

  • Continuing Employees shall have the meaning set forth in Section 6.9(a).

  • Continuing Trustee means any member of the Board of Trustees who either (a) has been a member of the Board of Trustees for a period of at least thirty-six months (or since the commencement of the Trust’s operations, if less than thirty-six months) or (b) was nominated to serve as a member of the Board of Trustees by a majority of the Continuing Trustees then members of the Board of Trustees.

  • Continuing Disclosure Agreement means the Continuing Disclosure Agreement, as it may be modified from the form on file with the Clerk of Council and signed by the Mayor and the Fiscal Officer in accordance with Section 6, which shall constitute the continuing disclosure agreement made by the City for the benefit of holders and beneficial owners of the Bonds in accordance with the Rule.

  • Initial Termination Date shall have the meaning set forth in Section 7.1(b).

  • Continuing Employee has the meaning set forth in Section 6.7(a).

  • Indemnification Period means the period of time during which Indemnitee shall continue to serve as a director or as an officer of the Corporation, and thereafter so long as Indemnitee shall be subject to any possible Proceeding arising out of acts or omissions of Indemnitee as a director or as an officer of the Corporation.

  • Affiliated Licensee Assignment The Broker has assigned (Selling Licensee) to work with Purchaser and

  • Term SOFR Transition Event means the determination by the Administrative Agent that (a) Term SOFR has been recommended for use by the Relevant Governmental Body, (b) the administration of Term SOFR is administratively feasible for the Administrative Agent and (c) a Benchmark Transition Event or an Early Opt-in Election, as applicable, has previously occurred resulting in a Benchmark Replacement in accordance with Section 2.14 that is not Term SOFR.

  • Non-Competition Agreement has the meaning set forth in Section 2.1 of this Agreement.

  • Continuing Arrangements means those arrangements set forth on Schedule 1.1(24) and such other commercial arrangements among the Parties that are intended to survive and continue following the Separation Time; provided, however, that for the avoidance of doubt, Continuing Arrangements shall not be Third Party Agreements.

  • Company Termination Fee has the meaning set forth in Section 7.3(a).

  • (1) DIRECTOR.—The term Director’ means

  • Employment Agreements has the meaning set forth in Section 7.5.