Controlled Shareholder definition

Controlled Shareholder means any Shareholder that is Controlled by a Controlling Shareholder who is a party to this Agreement;
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Controlled Shareholder means, with respect to a particular Principal, the Shareholder Controlled by that Principal.
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Examples of Controlled Shareholder in a sentence

  • 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-▇▇▇▇, 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.

  • 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.

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