Control stockholder definition
Control stockholder means (individually and collectively and singly or in the aggregate with affiliates) the owner or owners of the majority shares in a corporation or those shareholders exercising effective voting control of a corporation pursuant to any written agreement.
Control stockholder means any Stockholder holding at least 5% of the beneficial ownership of the Company, as calculated in accordance with Rule 13d-3 of the Exchange Act of 1934, as amended, and which ownership shall also include shares beneficially owned by a Family Donee.
Control stockholder has the meaning set forth in Section 3.1.1 hereof.
More Definitions of Control stockholder
Control stockholder has the meaning set forth in Section 3.1.1 hereof. “Conversion Agreement” has the meaning set forth in the recitals hereof. “Conversion Agreement Party” means any party to the Conversion Agreement other than the Corporation and its Subsidiaries. “Convertible Noteholders” has the meaning set forth in the preamble hereof. “Convertible Securities” means any Indebtedness or shares of Capital Stock (including Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock, Series E Preferred Stock, and Convertible Senior Subordinated Notes) convertible into or exchangeable for Common Stock, including Common Stock Equivalents. “Convertible Senior Subordinated Notes” shall mean those Convertible Senior Subordinated Notes issued to the Investors by the Corporation on December 30, 2003 in the original principal amount of Thirty One Million Seven Hundred Fifty Thousand Dollars ($31,750,000) and, subsequent to the redemptions contemplated by Section 2.3 of the 2007 Purchase Agreement, an outstanding principal amount as of the date hereof of Twenty Million Six Hundred Forty-Three Thousand Eight Hundred Thirty Five Dollars ($20,643,835). “Corporation” has the meaning set forth in the preamble hereof. “Corporation Offer” has the meaning set forth in Section 2.3.2.1 hereof. “Co-Sale Election” has the meaning set forth in Section 2.4.3 hereof. “Co-Sale Offering Stockholder” means a Management Controlling Offering Stockholder or a Series D Preferred Offering Stockholder, as applicable. “Co-Sale Notice” means a Management Controlling Co-Sale Notice or a Series D Preferred Co-Sale Notice, as applicable. “Co-Sale Pro Rata Portion” means, with respect to any Investor or Series E Preferred Stockholder, a fraction (A) the numerator of which is the sum of the number of shares of Common Stock held by such Investor, plus all Common Stock acquirable pursuant to Common Brightstar Corp. Fourth Amended and Restated Stockholders’ Agreement
Control stockholder means the owner or owners of the majority shares in a corporation.