Corporate Founder definition
Examples of Corporate Founder in a sentence
Each Founder will ensure that no alteration or amendment is made to the Memorandum and Articles of Association or any charter documents of the Corporate Founder or any of the Group Companies except in accordance with the Transaction Agreements.
No Corporate Founder shall give effect to transfer of Corporate Founder Securities by its shareholders/members made in violation of this Section 4.1. Except as exempted under Section 4.2, in the event the Investors consent to any proposed transfer of Corporate Founder Securities by a Founder in accordance with terms of this Agreement, such transfer shall be subject to the right of first-refusal and right of co-sale set forth in this Agreement.
In the event of any transfers of any Corporate Founder Securities in violation of this Section 4.1, the Company shall have the right to repurchase up to all of the Securities of the Company owned by the applicable Corporate Founder at par value.