Initial Founders definition

Initial Founders means Xxxx XxXxxxxx and Xxxx Xxxxxx.
Initial Founders. Price" shall mean $163.9743 per share of Stock, which the Committee has determined represents the Fair Market Value of the Stock on the Effective Date.
Initial Founders means Donald B. Murray, Stephen J. Giusto, Karen Ferguson and David L. Schnitt, each for so long as he or she remains an employee and stockholder of the Company.

Examples of Initial Founders in a sentence

  • The Initial Founders shall each sign a lock-up agreement pursuant to which the restriction applying to the first fifty percent (50%) of the Initial Founder’s shares shall expire six (6) months following the date of such lock-up agreement and the remaining restriction applying to the other fifty percent (50%) of the Initial Founder’s shares shall expire nine (9) months following the date of such Initial Founders lock-up agreement.

  • The Steel Initial Founder's Warrants and Shares issued upon exercise of the Steel Initial Founder's Warrants (as defined in the Warrant Agreement) will include the legend set forth in EXHIBIT B to the Warrant Agreement in the case of the Warrants and in the Warrant Agreement in the case of the Shares, which Purchaser has read and understands.

  • The Seller shall cause the Company to deliver certificates evidencing the Steel Founder's Units, Steel Founder's Shares and Steel Initial Founder's Warrants, to be purchased by Purchaser hereunder, registered in the Purchaser's name, upon the payment by the Purchaser of the Steel Founder's Units Purchase Price by check or wire transfer of immediately available funds to Steel Partners, Ltd.

  • Contributions (including accrued interest) shall be repaid by the Company prior to the distribution by the Company of any dividends pursuant to Section 3.1. The Initial Primedia Contributed Amount and the Initial Founders Contributed Amount shall accrue interest at a rate of 6% until repayment.

  • Notwithstanding the foregoing, Purchaser also understands and acknowledges that the transfer of the Steel Founder's Units, Steel Founder's Shares and the Steel Initial Founder's Warrants and exercise of the Steel Initial Founder's Warrants are subject to the specific conditions to such transfer or exercise as outlined herein and the Warrant Agreement as to which Purchaser specifically assents by its execution hereof.

  • The Steel Initial Founder's Warrants shall have the terms set forth in the Warrant Agreement set forth as EXHIBIT C hereto.

  • The holders of outstanding securities of the Company are not entitled to preemptive or other rights to subscribe for the Securities; and, except for the Initial Founders Warrants, the Additional Founder’s Warrants and the Co-Investment Units, no options, warrants or other rights to purchase, agreements or other obligations to issue, or rights to convert any obligations into or exchange any securities for, shares of capital stock of or ownership interests in the Company are outstanding.

  • Subject to Section 5.6 hereof, the exercise price per share shall be the Initial Founders' Price, in the case of options granted at or within 120 days following the closing of the transaction described in the Acquisition Agreement, dated October 1, 1999, by and among the 7 4 Company, AMN Healthcare, Inc.

  • The Director Initial Founder's Warrants shall have the terms set forth in the Warrant Agreement set forth as EXHIBIT C hereto.

  • It will also review quarterly any transactions between the Group, the Initial Founders, any of their respective associates or affiliates and certain other third parties.The remuneration committee consists of William Spiegel (as chairman), Ralf Oelssner and Colin Alexander.

Related to Initial Founders

  • 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).

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

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

  • 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 Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

  • Initial Share Price for a Share means the Closing Price on the Exchange (or where such Exchange does not announce or publish a Closing Price, the last traded price, or, if necessary, the mid-market price) for that Share on the Initial Valuation Date, subject to adjustments that may be made pursuant to “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances”.

  • Existing Stockholders means the stockholders of the Corporation immediately prior to the IPO as listed on Schedule A (including the Existing Stockholders Representative in its capacity as an Existing Stockholder) together with any Permitted Assignees.

  • Selling Stockholders means Purchaser and any other purchaser of Units in the Offering, and their respective successors and assigns.

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

  • 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.

  • Existing Shareholders means the officers, directors and shareholders of the Company prior to the Offering; (c) “Initial Ordinary Shares” shall mean all of the Ordinary Shares owned by an Existing Shareholder prior to the Offering (and shall include any Ordinary Shares issued as dividends with respect to such shares); (d) “Public Shareholders” shall mean the holders of securities issued in the Offering; (e) “Trust Account” shall mean the trust account established for the benefit of the Public Shareholders into which a portion of the net proceeds of the Offering will be deposited; and (f) the “Extended Period” shall mean the additional 12-month period to approve a Business Combination as more specifically described in the Registration Statement.

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

  • VWAP Purchase Share Estimate means the number of shares of Common Stock that the Company has in its sole discretion irrevocably instructed its Transfer Agent to issue to the Buyer via the Depository Trust Company (“DTC”) Fast Automated Securities Transfer Program in connection with a VWAP Purchase Notice pursuant to Section 1(c) hereof and issued to the Buyer’s or its designee’s balance account with DTC through its Deposit Withdrawal At Custodian (DWAC) system on the VWAP Purchase Date (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Major Stockholders means those stockholders owning more than ten percent (10%) of the voting stock of any

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

  • Key Holders means the persons named on Schedule B hereto, each person to whom the rights of a Key Holder are assigned pursuant to Subsection 3.1, each person who hereafter becomes a signatory to this Agreement pursuant to Subsection 6.9 or 6.17 and any one of them, as the context may require.

  • Selling Shareholders has the meaning given to such term in the Preamble to this Agreement;

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

  • IPO means the Company’s first underwritten public offering of its Common Stock under the Securities Act.

  • Ordinary Shareholders means the holders of Ordinary Shares;

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

  • 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).

  • Insider Shares means all shares of Common Stock of the Company owned by an Insider immediately prior to the Company’s IPO. For the avoidance of doubt, Insider Shares shall not include any IPO Shares purchased by Insiders in connection with or subsequent to the Company’s IPO.

  • Initial Holders has the meaning set forth in the preamble.

  • PIPE Investors means those certain investors participating in the PIPE Investment pursuant to the Subscription Agreements.