Founder definition

Founder means, in respect of an issuer, a person who,

Founder means, in respect of an issuer, a person who, (i) acting alone, in conjunction, or in concert with one or more persons, directly or indirectly, takes the initiative in founding, organizing or substantially reorganizing the business of the issuer, and (ii) at the time of the distribution or trade is actively involved in the business of the issuer;

Founder has the meaning set forth in the Preamble.

Examples of Founder in a sentence

No underwriting discounts, commissions, or placement fees have been or will be payable in connection with the purchase of Founder Shares.
Xxxxxx Xxxxxxxxx Primary Contact Title Founder Please enter a valid email address that will definitely reach the Primary Contact.
In the event that the Over-allotment Option is not exercised in full, the Sponsor will be required to forfeit such number of Founder Shares (up to 622,231 Founder Shares) such that the Founder Shares then outstanding will comprise 27.72% of the issued and outstanding shares of the Company after giving effect to the Offering and exercise, if any, of the Over-allotment Option (excluding the Private Placement Units purchased by the Sponsor).
The holders of Founder Shares shall have no right to any liquidating distributions with respect to any portion of the Founder Shares in the event the Company fails to consummate a Business Combination.
The holders of the Founder Shares shall not have redemption rights with respect to the Founder Shares.

Founder means Xxxxxxx X. Xxxx.

Founder means each of Xxxxx X. Xxxxxxx and Xxxx X. Xxxxxxx.

Founder has the meaning set forth in the Preamble of this Agreement.

Founder means each of Xxxxxx X. Xxxx, Xxxxx X. Xxxxxxx, and Xxxxxxx X. Xxxxxxx.

Founder and “Founders” shall have the meaning ascribed to it in the preamble of this Agreement.

Founder shall have the meaning ascribed to it in the preamble.

Founder means a person or company who,