Controlled Shareholder definition

Controlled Shareholder means any Shareholder that is Controlled by a Controlling Shareholder who is a party to this Agreement;
Sample 1Sample 2Sample 3
Controlled Shareholder means, with respect to a particular Principal, the Shareholder Controlled by that Principal.
Sample 1

Examples of Controlled Shareholder in a sentence

  • Using this definition, and assuming that your use of the words "wholly owned subsidiary" to describe SUB A means that Bank would own all of the voting shares of SUB A, we conclude that Bank, through Sub A, would have a majority ownership of Life Agency because SUB A's Controlled Shareholder would own only nominally the sole voting share of Life Agency, and the other indicia of ownership would be in SUB A.

  • An employee of SUB A the ("Controlled Shareholder") would own the sole share of Life Agency voting stock, but, under a "close corporation agreement" with SUB A, would have none of the indicia of ownership of such share, except the technical right to vote the share.

  • Except as required for performance of any employment agreement with the Corporation, the Shareholder and, if applicable, its Principal shall not directly or indirectly use, copy, store or disclose the Confidential Information or any trade-xxxx, trade name or logo of the Corporation or its clients', during or after the Shareholder or, in the case of a Principal, the Controlled Shareholder which such Principal Controls ceases to hold any Shares.

  • All other indicia of ownership, including the right to receive any dividends (other than purely nominal dividend rights held by the Controlled Shareholder as may be required by applicable state law), profits, other income or other distributions, would instead reside exclusively in SUB A, Bank's wholly owned subsidiary.

  • The Controlled Shareholder could only vote the share in the manner and for the purposes determined by Corporation X, Bank, and SUB A.

  • Each of the Principals will cause its respective Controlled Shareholder to comply with and carry out the provisions of this Agreement.

  • However, as the undertaking to underwrite by EUL in the Controlled Shareholder Undertaking is with a related party of the Company (EUL), EUL's undertaking to take up additional New Ordinary Shares and the Company's obligation to issue the Additional Shares can only be utilized if the Related Party Resolutions are passed.

  • In that case, such proposed Change of Control shall be deemed an offer by the Controlled Shareholder to sell its Shares of the Company to the Offeree for the fair market value of such Shares; provided, however, that the purchase price payable for the Shares by the Offeree shall be determined at the Controlled Shareholder’s expense by a mutually agreed upon appraisal firm.

Related to Controlled Shareholder

  • Controlled Shares in reference to any person means all shares of the Company directly, indirectly or constructively owned by such person as determined pursuant to Section 958 of the Code.

  • Interested Shareholder means any person (other than the Corporation or any Subsidiary) who or which:

  • Company Shareholder means a holder of one or more Company Shares;

  • substantial shareholder means a person who is entitled to exercise, or to control the exercise of, 10% or more (or such other percentage as may be prescribed by the Listing Rules) of the voting power at any general meeting of the Company;

  • Stockholder Associated Person of any stockholder means (A) any person controlling, directly or indirectly, or acting in concert with, such stockholder, (B) any beneficial owner of shares of stock of the Corporation owned of record or beneficially by such stockholder or (C) any person directly or indirectly controlling, controlled by or under common control with such Stockholder Associated Person.

  • Shareholder Associated Person of any Shareholder means (i) any person controlling, directly or indirectly, or acting in concert with, such Shareholder, (ii) any beneficial owner of shares of stock of the Corporation owned of record or beneficially by such Shareholder, and (iii) any person controlling, controlled by or under common control with such Shareholder Associated Person.

  • Substantial Stockholder means any Participant who at the time of grant owns directly or is deemed to own by reason of the attribution rules set forth in Section 424(d) of the Code, Shares possessing more than 10% of the total combined voting power of all classes of stock of HSI.

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

  • Controlling Shareholder means any shareholder owning more than fifty

  • 10% Stockholder means the owner of stock (as determined under Code Section 424(d)) possessing more than ten percent (10%) of the total combined voting power of all classes of stock of the Corporation (or any Parent or Subsidiary).

  • Common Stockholder means the employee of, consultant to, or director of the Company or other person to whom shares of Common Stock are issued pursuant to this Plan.

  • Company Stockholder means the holder of either a share of Company Common Stock or a share of Company Preferred Stock.

  • Interested Stockholder means, in respect of any business combination, any person (other than the Corporation or any Subsidiary) who or which as of the record date for the determination of stockholders entitled to notice of and to vote on such business combination, or immediately prior to the consummation of any such transaction:

  • Shareholder means a person who owns shares in the company and is actively involved in the management of the enterprise or business and exercises control over the enterprise.

  • Preferred Shareholder means any holder of Preferred Shares.

  • Principal Stockholder means any person who individually or in concert with his spouse and

  • Significant Stockholder means Allied Irish Banks, p.l.c., a limited liability company incorporated under the laws of Ireland having its registered office at Bankcentre, Ballsbridge, Dublin 4, Ireland, and any successor thereto.

  • Stockholder Group means the Stockholder and each Person (other than any member of the Company Group) that is an Affiliate of the Stockholder.

  • Class B Stockholder means (i) the registered holder of a share of Class B Common Stock at the Effective Time and (ii) the initial registered holder of any shares of Class B Common Stock that are originally issued by the Corporation after the Effective Time.

  • Shareholder Group means (i) Shareholder and (ii) any Affiliate or Shareholder Family Entity (as defined in the Shareholder's Agreement) of Shareholder (other than the Company).

  • Stockholder Shares means the shares of common stock of the Company issued or issuable to the Stockholder in accordance with the terms and conditions of the Reorganization Agreement, and any securities of the Company issued as a dividend on or other distribution with respect to, or in exchange for or replacement of, such common stock.

  • Transferring Shareholder has the meaning set out in Section 6.1;

  • Major Stockholder means any such Person.

  • Class A Shareholder means a holder of Class A Shares;

  • Record shareholder means the person in whose name shares are registered in the records of a corporation or the beneficial owner of shares to the extent of the rights granted by a nominee certificate on file with a corporation.

  • Stockholder means, with respect to any Person, each holder of Stock of such Person.