Examples of Founder Shareholders in a sentence
Any amendment or waiver effected in accordance with this Section 11.3 shall be binding upon the Company, the Preferred Holders, the Founder Shareholders, each Founder and their respective assigns.
Each offer shall be made by the Board by notice in writing (an Offer to Allot) and in the case of Shareholders shall be served on Founder Shareholders at their address for service set out in clause 13.8 (Notices) and on New Shareholders at the address for service notified to the Company by such New Shareholder.
For the avoidance of doubt, (a) each CVC Director is entitled to pass information concerning any Group Company on a need-to-know basis to CVC Holdco and CVC Holdco’s Representatives; and (b) each Principal Director is entitled to pass information concerning any Group Company on a need-to-know basis to the Founder Shareholders, the Lim Shareholders and their respective Representatives (as the case may be), so long as such information is kept confidential in accordance with Clause 11.
This Agreement shall replace the shareholders’ agreement with respect to the BVI Subsidiary, dated April 4, 2006, among the BVI subsidiary, the Founders, the Founder Shareholders, the Series A Shareholder and the Series B Shareholders, which shareholders’ agreements shall be terminated upon this Agreement becoming effective.
The Founder will be entitled to exercise its own judgment and sole discretion as to the manner in which it exercises such rights, including but not limited, its rights exercised in connection with Sections 2.4, 2.9, and 2.10 and will not be liable to the Non- Founder Shareholders in respect of any action taken or omitted to be taken by it under this Agreement or any approval or consent given by it in exercising its rights hereunder.