Continuing Founders definition

Continuing Founders means AS, KM and PM, collectively;
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Continuing Founders means each of Xxxxxxxx Xxxxxx, a national of the United States of America aged 39 years residing at 00000, Xxxx Xxx, Xxxxxxx Xxxxxxxxxx 00000 XXX ("PM"), Xxxx Xxxxx, an Indian national aged 41 years residing at 00000, Xxxxx Xxxx Xxxxxxx, Xxxxxxx Xxxxxxxxxx 00000 XXX ("AS") and Xxxxx Xxxxxxxx, an Indian national aged 38 years residing at 000 Xxxxx Xxxxx, Xxxxxxxxxx, XX 00000 XXX ("KM");
Sample 1
Continuing Founders means each of Xxxxx Xxxxxxx, Xxxxxx Xxxxxxx and Xxxxxx Xxxxxx;
Sample 1

Examples of Continuing Founders in a sentence

  • We observe that an increase in the daily aver- age temperature is associated with a significant reduction in the district share of agricultural employment (11%/ 1◦C).

  • Any purchase of Shares by all or some of the Founders shall be made in such proportion as they might agree among themselves or, in the absence of any such agreement, pro rata in proportion to their ownership of Shares of the Company (excluding the Offering Shareholder’s Shares) at the time of such offer, but in any event one or more of the Continuing Founders must agree to purchase all the Shares which the Offering Shareholder proposes to sell.

  • The Grantee shall not be answerable or accountable to the Continuing Founders under any circumstances except that the Grantee shall be liable, in its individual capacity, (i) for its own gross negligence, bad faith, willful misconduct or fraud, or (ii) for any taxes on or measured by the fees received by Grantee for acting as Grantee hereunder or for services rendered in connection with the transactions contemplated hereby.

  • If at any time the Grantee fails to submit to the Secretary the information required to be submitted by the Grantee pursuant to Section 3(c), the Continuing Founders shall, in a single writing, submit such information to the Secretary on or promptly after the applicable record date.

  • All expenses and obligations incurred by the Continuing Founders under this Section 3(o) shall be allocated to the Continuing Founders pro rata based on the number of Continuing Founders at the time such expenses and obligations are incurred.

  • The Grantee shall not be liable for anything done, suffered or omitted in good faith by it in accordance with the advice or opinion of any such counsel, unless the loss to the Continuing Founders was primarily caused by the gross negligence, bad faith, willful misconduct or fraud of the Grantee as determined in a final and non-appealable judgment by a court of competent jurisdiction.

  • This Agreement may not be amended, changed, supplemented, waived or otherwise modified, except upon the execution and delivery of a written agreement executed by each of the Continuing Founders; provided, however, that any amendment or modification to this Agreement that would have an adverse effect on the rights or obligations of the Grantee shall not be effective without the affirmative consent of the Grantee.

  • In submitting such number, the Grantee shall be entitled to rely, without inquiry, on information provided to the Grantee by the Continuing Founders in writing regarding the number, by class or series, of Designated Founders’ Excluded Shares as of the applicable record date.

  • All expenses and obligations incurred by the Continuing Founders under this Section 3(s) shall be allocated to the Continuing Founders pro rata based on the number of Continuing Founders at the time such expenses and obligations are incurred.

  • The Continuing Founders hereby agree to reimburse the Grantee for such reasonable costs and expenses.

Related to Continuing Founders

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

  • 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.

  • Existing Shareholders means the officers, directors and shareholders of the Company prior to the Offering; (c) “Initial Ordinary Shares” shall mean all of the Ordinary Shares owned by an Existing Shareholder prior to the Offering (and shall include any Ordinary Shares issued as dividends with respect to such shares); (d) “Public Shareholders” shall mean the holders of securities issued in the Offering; (e) “Trust Account” shall mean the trust account established for the benefit of the Public Shareholders into which a portion of the net proceeds of the Offering will be deposited; and (f) the “Extended Period” shall mean the additional 12-month period to approve a Business Combination as more specifically described in the Registration Statement.

  • Existing Stockholders means the stockholders of the Corporation immediately prior to the IPO as listed on Schedule A (including the Existing Stockholders Representative in its capacity as an Existing Stockholder) together with any Permitted Assignees.

  • Management Shareholders means Xxxxxx X. Xxxxx, Xxxxxxxx X. Xxxxxx and Xxxxx X. XxXxxxx;

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

  • Major Stockholders means those stockholders owning more than ten percent (10%) of the voting stock of any

  • 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.

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

  • 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 (a) was a member of such board of directors on the Closing Date, or (b) was nominated for election or elected to such board of directors with the approval of a majority of the Continuing Directors who were members of such board at the time of such nomination or election.

  • Management Stockholders means the members of management of Holdings, the Borrower or any of its Subsidiaries who are investors in Holdings or any direct or indirect parent thereof.

  • Existing Shareholder means any Person that is a holder of Ordinary Shares as of December 8, 2017.

  • 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.

  • BRS means Behavior Rehabilitation Services.

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

  • Founder Shares Lock-up Period means, with respect to the Founder Shares, the period ending on the earlier of (A) one year after the completion of the Company’s initial Business Combination and (B) subsequent to the Business Combination, (x) if the closing price of the Common Stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Company’s initial Business Combination or (y) the date on which the Company completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in all of the Company’s stockholders having the right to exchange their shares of Common Stock for cash, securities or other property.

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

  • Standstill Termination Date means the earlier of (i) the first anniversary of the Board Rights Termination Date and (ii) the later of (A) the third anniversary of this Agreement or (B) the first anniversary of the date on which both the Purchaser Designated Director has resigned from the Board and the Purchaser has permanently waived and renounced the Purchaser’s Board observation rights and Board designation rights in Section 1 and Section 2 of this Agreement.

  • Continuing Directors means, as of any date of determination, any member of the Board of Directors of the Company who (i) was a member of such Board of Directors on the date of this Indenture or (ii) was nominated for election or elected to such Board of Directors with the approval of a 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.

  • First Effective Time has the meaning specified in Section 2.02.

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

  • Initial Shareholders means the Sponsor and any Insider that holds Founder Shares; (v) “Private Placement Warrants” shall mean the 6,000,000 warrants (or 6,600,000 warrants if the over-allotment option is exercised in full) that the Sponsor has agreed to purchase for an aggregate purchase price of $6,000,000 (or $6,600,000 if the over-allotment option is exercised in full), or $1.00 per warrant, in a private placement that shall occur simultaneously with the consummation of the Public Offering; (vi) “Public Shareholders” shall mean the holders of securities issued in the Public Offering; (vii) “Trust Account” shall mean the trust fund into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; and (viii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Exchange Act, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b).

  • 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.

  • Parent Stockholders means the holders of Parent Common Stock.

  • Key Holders means the persons named on Schedule B hereto, each person to whom the rights of a Key Holder are assigned pursuant to Subsection 3.1, each person who hereafter becomes a signatory to this Agreement pursuant to Subsection 6.9 or 6.17 and any one of them, as the context may require.