Founder Securities definition

Founder Securities means those securities included in the definition ofRegistrable Security” specified in the Founder Registration Rights Agreement.
Founder Securities means all shares of Common Stock, and all securities convertible into or exercisable for shares of Common Stock, held by the Founders as of the Effective Date of this Agreement.
Founder Securities means (i) 3,534 Class A Shares and 29,340,466 Class B Shares held by Global Village and (ii) 4,904,709 Class B Shares held by Young Vision.

Examples of Founder Securities in a sentence

  • In addition, subject to Section 3.5, such registration statement may also cover other securities to be sold by the Company or other securities of any other security holders of the Company with contractual piggyback registration rights, including the holders of Founder Securities pursuant to the Founder Registration Rights Agreement.

  • Purchaser represents and warrants that as of the date of this Agreement, no Person, other than the holders of (i) Registrable Securities, (ii) Founder Securities and (iii) securities acquired in the PIPE Investment, has any right to require Purchaser to register any of Purchaser’s share capital for sale or to include Purchaser’s share capital in any registration filed by Purchaser for the sale of share capital for its own account or for the account of any other Person.

  • Purchaser represents and warrants that as of the date of this Agreement, no Person, other than the holders of (i) Registrable Securities and (ii) Founder Securities, has any right to require Purchaser to register any of Purchaser’s share capital for sale or to include Purchaser’s share capital in any registration filed by Purchaser for the sale of share capital for its own account or for the account of any other Person.

  • If at the time of such request the Company is a WKSI, and subject to Section 3.5, such shelf registration statement may also cover an unspecified number of shares to be sold by the Stockholders or other securities to be sold by the Company or other securities of any other security holders of the Company with contractual piggyback registration rights, including the holders of Founder Securities pursuant to the Founder Registration Rights Agreement.

  • Subject to Section 6.1(b), securities held by other selling holders who are not Stockholders or otherwise have contractual registration rights with the Company, including the holders of Founder Securities under the Founder Registration Rights Agreement, will be included in an underwritten offering only with the consent of Stockholders holding a majority of the shares being sold in such offering.


More Definitions of Founder Securities

Founder Securities means, as applicable, the Founder Shares, the Founder Stock Options, Founder RSUs or Founder Restricted Shares, and a "Founder Security" means any of them;
Founder Securities means those securities beneficially owned by the signatories to the Founder Registration Rights Agreement.
Founder Securities has the meaning set forth in Section 4.1(a).
Founder Securities means shares of Common Stock issued to the Founder whether initially or by way of a stock dividend, stock split, or in connection with any combination of shares, recapitalization, merger, consolidation or other reorganization; provided, however, that the term "Founder Securities" shall not include any shares of Common Stock that have previously been registered with the SEC under the provisions of Article 9 or otherwise, or which have been sold to the public either pursuant to a registration statement or SEC Rule 144, or that may be sold by the holder thereof pursuant to SEC Rule 144(k);
Founder Securities means those securities included in the definition ofRegistrable Securities” specified in the Founder Registration Rights Agreement, including securities transferred on the Closing Date from DeTiger Holdings Limited to Xx. Xxxx Xxxx.
Founder Securities shall have the meaning specified in Section 4.1(a) of this Agreement.
Founder Securities means those securities included in the definition ofRegistrable Security” specified in the Founder Registration Rights Agreement. “Indemnified Party” is defined in Section 4.3.