Employee Stockholder definition

Employee Stockholder means each of the Stockholders who executed the First Stockholders Agreement or Second Stockholders Agreement, who was or is at the time of such execution an employee of, or who served or serves at the time of such execution as a consultant to or director of, the Corporation or its Subsidiaries or Affiliates.

Employee Stockholder means an Employee who, at the time an Incentive Stock Option is granted owns, as defined in Section 424 of the Code, stock possessing more than ten percent (10%) of the total combined voting power of all classes of stock of: (a) the Company; or (b) if applicable, a Subsidiary or a Parent.

Employee Stockholder means any Company Stockholder who is an employee of the Company as of immediately prior to the Closing.

Examples of Employee Stockholder in a sentence

• Such registration rights will be on customary terms and conditions (including, without limitation, customary cut back and lock-up provisions) established in good faith by WMC's or Holding's Board of Directors and Ripplewood and notified to the Employee Stockholder and the Other Employee Stockholders.

• In the case of a transferee permitted under Section 3(a) hereof, such transferee shall be deemed the Employee Stockholder hereunder; provided, however, that no transferee (including without limitation, transferees referred to in Section 3(a) hereof) shall derive any rights under this Agreement unless and until such transferee has delivered to WMC and Holding a valid undertaking and becomes bound by the terms of this Agreement.

• If at the end of the 30-day period, WMC or Holding has not notified the Employee Stockholder of its election in the manner set forth above, the Employee Stockholder and the Permitted Transferee may, during the succeeding 60-day period, sell not less than all of the shares of Stock covered by the Offer to the Offeror at a price and on terms no less favorable to the Employee Stockholder or the Permitted Transferee (as the case may be) than those contained in the Offer.

• Promptly after such sale, the Employee Stockholder or the Permitted Transferee (as the case may be) shall notify WMC or Holding, as the case may be, of the consummation thereof and shall furnish such evidence of the completion and time of completion of such sale and of the terms thereof as may reasonably be requested by WMC or Holding.

• Should the Employee Stockholder exercise his or her rights pursuant to this Section 7(a), the Employee Stockholder shall be required to transfer Common Stock and Option Stock held by him or her in the following order of priority: (1) first, shares of Common Stock (until the Employee Stockholder holds no shares of Common Stock), and (2) second, Option Stock (until the Employee Stockholder holds no shares of Option Stock).

More Definitions of Employee Stockholder

Employee Stockholder has the meaning specified in the Restated Partnership Agreement.

Employee Stockholder means (i) in the case of a Limited Partner which is not an individual, that certain officer and/or employee of the Partnership or First Quadrant Limited (or, in the case of Lovexx, Xxc., Robexx X. Xxxxxx, Xx.) xxo is the owner of all the issued and outstanding capital stock of a Limited Partner, and is listed as such on Schedule A hereto and, (ii) in the case of a Limited Partner which is an individual, such Limited Partner.

Employee Stockholder has the meaning set forth in the Preamble.

Employee Stockholder means any of Xxxxxx X. Xxxxx, Xxxxx Xxxxx Xxxxxx, as Trustee, Xxxx Xxxx Xxxxx, Xxxxxxx Xxxxx Xxxxx, Xxxxxx Xxxxxx, Xxxxx Xxxxxxx, Xxxxxx X. Xxxxxx, Xxxxx Xxxxxxx, Xxxxxxx X'Xxxxxx, Xxxxx Xxxxx or Xxxxx X. XxXxxxxxx.

Employee Stockholder has the meaning set forth in the preamble hereto; provided, however, that each of the Xxxxxxxxxxx X. Xxxx 2005 Grantor Retained Annuity Trust and the Xxxxxxxxxxx Xxxx 2008 Grantor Retained Annuity Trust shall be deemed to be an “Employee Stockholder” herein.

Employee Stockholder is defined in the preface.

Employee Stockholder means (a) in the case of a Non-Manager Member which is not an individual, that certain employee of the LLC who is the owner of all the issued and outstanding capital stock of such Non-Manager Member, and is listed as such on Schedule A hereto, and (b) in the case of a Non-Manager Member which is an individual, such Non-Manager Member.