Founder B definition

Founder B means Bipul Sinha, an individual.
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Founder B has the meaning given in the preamble.
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Founder B has the meaning set forth in the preamble to this Agreement.
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Examples of Founder B in a sentence

  • The initial Capital Account balances of the Members are as follows: Founder A: $4,500 40 Common Units Founder B: $4,500 40 Common Units XXXX: $1,000 10 Common Units Service Provider: $0 10 Profits Interest Units On date 2, a Triggering Event occurs.

  • In the event of any such investments, or of a non cash investment, at a pre-money valuation for 100 % of the Company’s share capital less than EUR 4,000,000, only Holding Founder A, Holding Founder B and Holding C will dilute.

  • As a result, after the issuances and adjustments described above, the Capital Account balances and Units of the Members are: Founder A: $36,863.64 40 Common Units Founder B: $36,863.64 40 Common Units XXXX: $18,181.82 20 Common Units Service Provider: $8,090.91 10 Profit Interest Units $100,000 110 Units 1 Consideration will need to be given to Section 4.1 to make certain that it is properly coordinated with respect to particular Convertible Preferred Unit terms.

  • Alternatively, at the sole distraction of SBC and SBC Global, each of Holding Founder A, Holding Founder B and Holding Founder C, shall transfer as many of the shares they own in the share capital of the Company to SBC and SBC Global to that effect.

  • And in a developing market if you sell to a monopoly you basically corner the entire market.’This is a dilemma that was mentioned by Founder B in an interview, which signals that the informal international market selection discussions were in fact quite well aligned between the founders and they shared a common baseline for the strategy formalization stage.

  • The salesperson was found through thepersonal contacts of Founder B, however was not a prior consideration when deciding upon the location.

  • Founder B shall be responsible, in accordance with the instructions of the Board, for the daily management of the Company.

  • One of the key dilemmas that Founder B seemed to struggle with during the first-round interviews concerned the issue of whether the company should pursue developing or developed markets.

  • Thus, Founder B seems to have tied in the ease of establishing network insidership in host markets with the market size and perception of the home country.On another note, the physical and cultural proximity seemed to have facilitated the selection of both Tallinn and Stockholm as internationalization locations.

  • Founder B however, did not file an 83(b) and will "realize" income each period that his shares vest - meaning he will have to pay taxes on an aggregate total of $4.5 Million.

Related to Founder B

  • Founder Member means a subscriber to these rules for the purposes of registration;

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

  • Founder Lock-up Period means, with respect to the Founder Shares, the period ending on the earlier to occur of (A) one year after the completion of the Company’s initial Business Combination or earlier if, subsequent to the Company’s initial Business Combination, the last sales price of the Common Stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Company’s initial Business Combination or (B) the consummation by the Company of any subsequent liquidation, merger, stock exchange or other similar transaction, which results in all of the Company’s stockholders having the right to exchange their shares of the Common Stock for cash, securities or other property.

  • Founder Shares Lock-up Period means, with respect to the Founder Shares, the period ending on the earlier of (A) one year after the completion of the Company’s initial Business Combination and (B) subsequent to the Business Combination, (x) if the closing price of the Common Stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Company’s initial Business Combination or (y) the date on which the Company completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in all of the Company’s stockholders having the right to exchange their shares of Common Stock for cash, securities or other property.

  • Initial Shareholder means any beneficial owner of the Company’s unregistered securities.

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

  • Founder Shares Purchase Agreement shall have the meaning given in the Recitals hereto.

  • Founders means all Members immediately prior to the consummation of the IPO.

  • Initial Shareholders means the Sponsor and any Insider that holds Founder Shares; (v) “Private Placement Warrants” shall mean the 6,000,000 warrants (or 6,600,000 warrants if the over-allotment option is exercised in full) that the Sponsor has agreed to purchase for an aggregate purchase price of $6,000,000 (or $6,600,000 if the over-allotment option is exercised in full), or $1.00 per warrant, in a private placement that shall occur simultaneously with the consummation of the Public Offering; (vi) “Public Shareholders” shall mean the holders of securities issued in the Public Offering; (vii) “Trust Account” shall mean the trust fund into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; and (viii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Exchange Act, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b).

  • Preferred Shareholder means any holder of Preferred Shares.

  • Ordinary Shareholder means a holder of ordinary shares;

  • Management Shareholders means Xxxxxx X. Xxxxx, Xxxxxxxx X. Xxxxxx and Xxxxx X. XxXxxxx;

  • Subscription Term means the initial subscription term and if applicable any renewal subscription term of a Cloud Service identified in the Order Form.

  • Major Shareholder means a shareholder who directly or indirectly holds 10% or more of the voting rights.

  • Major Shareholders Means a person who has an interest or interests in one or more

  • Principal Shareholder means any corporation, Person or other entity which is the beneficial owner, directly or indirectly, of five percent (5%) or more of the outstanding Shares of all outstanding classes or series and shall include any affiliate or associate, as such terms are defined in clause (ii) below, of a Principal Shareholder. For the purposes of this Section, in addition to the Shares which a corporation, Person or other entity beneficially owns directly, (a) any corporation, Person or other entity shall be deemed to be the beneficial owner of any Shares (i) which it has the right to acquire pursuant to any agreement or upon exercise of conversion rights or warrants, or otherwise (but excluding share options granted by the Trust) or (ii) which are beneficially owned, directly or indirectly (including Shares deemed owned through application of clause (i) above), by any other corporation, Person or entity with which its “affiliate” or “associate” (as defined below) has any agreement, arrangement or understanding for the purpose of acquiring, holding, voting or disposing of Shares, or which is its “affiliate” or “associate” as those terms are defined in Rule 12b-2 of the General Rules and Regulations under the Securities Exchange Act of 1934, and (b) the outstanding Shares shall include Shares deemed owned through application of clauses (i) and (ii) above but shall not include any other Shares which may be issuable pursuant to any agreement, or upon exercise of conversion rights or warrants, or otherwise.

  • Shareholder Group means (i) Shareholder and (ii) any Affiliate or Shareholder Family Entity (as defined in the Shareholder's Agreement) of Shareholder (other than the Company).

  • Class B Stockholder means (i) the registered holder of a share of Class B Common Stock at the Effective Time and (ii) the initial registered holder of any shares of Class B Common Stock that are originally issued by the Corporation after the Effective Time.

  • Initial Stockholder means any beneficial owner of the Company’s unregistered securities.

  • Preferred Shareholders means the holders of Preferred Shares.

  • Class A Shareholder means a holder of Class A Shares;

  • Initial Subscription Term the initial term of Your Subscription as agreed in the Order which commences on the date of acceptance of the Order or as otherwise agreed to by the parties.

  • Common Stockholder means the employee of, consultant to, or director of the Company or other person to whom shares of Common Stock are issued pursuant to this Plan.

  • Existing Shareholder means any Person that is a holder of Ordinary Shares as of December 8, 2017.

  • Principal Shareholders means Xxxx Xxxxxxx, Xxxxx Xxxxxxx, Xxxxxxx Xxxxx, Xxxxx Xxxxxxxxxx, Xxxxxxx Xxxxx and Xxxx Persons.

  • Minimum Subsequent Subscription means, in relation to the Euro RDR ‘Retail’ Hedged