Examples of Founding Stockholder in a sentence
The Investors, along with Founding Stockholder and holders of more than 40,000 shares of Common Stock (each, a “Participant”, and collectively, the “Participants”), shall have Pro Rata a right to purchase all Equity Securities, as defined below, that the Company may, from time to time, propose to sell and issue after the date of this Agreement, other than the Equity Securities excluded by Section 4.6 hereof.
Any Employee, including any officer or director of the Company, or any Affiliate, who, to the extent the Committee determines it is desirable to qualify for exemption under Rule 16b-3 or Section 162(m) of the Code, is not a member of the Committee, and any Founding Stockholder shall be eligible to be designated a Participant.
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It is common for Irish VC funds to contain a combination of public and private funding from the sources listed above.
Shortall, Joseph Kaal and Craig Thorley) each relinquished, for no consideration, all of the shares he would have received pursuant to the Deed of Settlement and Release and directed us to issue all his founder shares to the fourth Founding Stockholder, Roger Williamson, in recognition of the fact that Mr. Williamson provided seed capital in connection with the founding of our company.