Employee Stockholders definition

Employee Stockholders means the Executive Stockholders and the Management Stockholders.

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Employee Stockholders. FAMILY GROUP" means such Employee Stockholder's spouse and lineal descendants (whether natural or adopted) and any trust formed and maintained solely for the benefit of such Employee Stockholder, such Employee Stockholder's spouse or such Employee Stockholder's lineal descendants.

Employee Stockholders has the meaning ascribed thereto in the Employee Stockholders’ Agreement.

Examples of Employee Stockholders in a sentence

• The Employee Stockholder's right to sell in such transaction pursuant to the above shall terminate if not exercised within such ten-day period.

• 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.

• The Employee Stockholder shall notify WMC and Holding as soon as practicable prior to any change in the identity of any beneficiary of the Employee Stockholder's Trust.

• The Employee Stockholder's notice shall contain an irrevocable offer to sell such shares of Stock to WMC or Holding, as the case may be (in the manner set forth below), at a purchase price equal to the price contained in, and on the same terms and conditions of, the Offer, and shall be accompanied by a copy of the Offer (which shall identify the Offeror).

• Except as otherwise permitted under Section 5.6 hereof, after the termination of the Restricted Period, Employee Stockholders may sell their shares of Common Stock they then own to a third party only in compliance with the provisions of Sections 5.2 and 5.3 hereof.

More Definitions of Employee Stockholders

Employee Stockholders means all persons designated as such on the signature pages of this Agreement and each other Person who hereafter agrees to become subject to this Agreement as an Employee Stockholder.

Employee Stockholders has the meaning specified in Section 2.3.

Employee Stockholders means all holders of Class B Common Stock who are employees of BlackRock or any of its Affiliates and who are parties to this Agreement.

Employee Stockholders means, in each case only for so long as such Person or Permitted Transferee is a holder of Shares, (i) those Persons who are listed as Employee Stockholders on E xhibit A hereto, (ii) any other Person who acquires Shares pursuant to the exercise of Options and provides an executed Joinder Agreement, indicating that such Person will be an Employee Stockholder and (iii) their respective Permitted Transferees (other than the Company) who receive Shares from such Person pursuant to a Permitted Transfer as evidenced by an executed Joinder Agreement indicating that such Permitted Transferee will be an Employee Stockholder.

Employee Stockholders means the Employee Stockholders set forth in Schedule A hereto, any employees of the Corporation who become a party to this Agreement, and their respective successors and permitted assigns.

Employee Stockholders means the employee stockholders set forth in Schedule A hereto, any employees of the Corporation or any Subsidiary who become a party to this Agreement, and their respective successors and permitted assigns. “Estate” shall mean and include the executors or administrators of a deceased Stockholder, and any and all Persons who may claim any interest in his property under such deceased Stockholder’s will or by virtue of any laws of descent and distribution. “Exempt Transfer” shall have the meaning ascribed to such term in Section 3.1 hereto. “Fair Market Value” shall mean the fair market value of a particular type of Corporation Securities, as determined in accordance with this definition. The Fair Market Value of a share of Common Stock or Preferred Stock will be equal to its value determined in connection with a Sale Transaction, and if not available, its Market Price, and if not available, its value as determined in good faith by the Board of Directors. The Fair Market Value of the Warrants shall be equal to the aggregate Fair Market Value of the shares of Common Stock for which such Warrants may then be exercised minus the exercise price to be paid in connection with such exercise. In the event there is a dispute between the Corporation and a Stockholder as to the Fair Market Value of a particular type of Corporation Securities and the amount in dispute is greater than $100,000, Fair Market Value shall be determined by an expert (the “Expert”) designated by the Corporation’s outside auditor from among investment banks or accounting firms of international standing, having an office in the City of New York, and not affiliated with ACAS or the Other Stockholders. The Expert shall be requested to use best efforts to furnish a report to the parties within thirty (30) calendar days of appointment. If the Expert determines that the Fair Market Value is at least 10% greater than the Fair Market Value determined in accordance with the second sentence of this definition, the costs of the Expert shall be borne by

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