Founder Entity definition

Founder Entity have the meaning given to that term in introductory paragraph of this Agreement.

Founder Entity means each of (i) TOMS Acquisition II, LLC, (ii) Imperial Landscape Sponsor LLC and (iii) William Berkman.

Founder Entity means Silver Trillion Investments Limited or its Affiliate, as appropriate.

Examples of Founder Entity in a sentence

• The Founder Advisory Agreement may be terminated by the Company at any time if the Founder Entity engages in any criminal conduct or in wilful misconduct which is harmful to the Company (as determined by a court of competent jurisdiction in the State of New York).

• The EverArc Founder Entity also received the Fixed Annual Advisory Amount which was equal to 1.5% of 157,137,410 Ordinary Shares outstanding on the Closing Date: 2,357,061 Ordinary Shares or a value of $32.1 million, based on average price of $13.63 per Ordinary Share (the “2021 Fixed Amount” and together with the 2021 Variable Amount, the “2021 Advisory Amounts”).

• Pursuant to the terms of the Founder Advisory Agreement, the Founder Entity has the right to appoint up to six directors to the Board.

• In addition, the agreement can be terminated at any time following consummation of the Acquisition (i) by the Founder Entity if the Company ceases to be traded on the London Stock Exchange, New York Stock Exchange or NASDAQ; or (ii) by the Founder Entity or the Company if there is (A) a Sale of the Company or (B) a liquidation of the Company.

• In exchange for the services provided to the Company, including strategic and capital allocation advice, the EverArc Founder Entity is entitled to receive both the Variable Annual Advisory Amount and the Fixed Annual Advisory Amount from the Company.

More Definitions of Founder Entity

Founder Entity or “Founder Entities” means Xin Gao, Gao Li, Kingkey Global and BOCOM. “Founder Party” or “Founder Parties” has the meaning set forth in the Preamble.

Founder Entity or “Founder Entities” means Xxx Xxx, Gao Li, Kingkey Global and BOCOM.

Founder Entity shall have the meaning in the definition of “Founders” above.

Founder Entity or “Founder Entities” has the meaning set forth in the Preamble.

Founder Entity or “Founder Entities” has the meaning given to such term in introductory paragraph of this Agreement.

Founder Entity means a Founder (if Shares are held directly by the Founder) and/or an Affiliate of the Founder (if Shares of a Founder are held by a nominee).

Founder Entity means such entity, if any, being an Affiliate of the relevant Founder, which holds Ordinary Shares and/or Founder Preferred Shares;