Examples of Investor Majority Consent in a sentence
Subject to the Act and these Articles, the Board may, provided Investor Majority Consent is given, pay interim dividends if justified by the Available Profits in respect of the relevant period.
For the avoidance of doubt, Investor Majority Consent shall not be required prior to the allotment of any share or grant of any option over shares from the Equity Award Pool or the allotment and issue of any Ordinary Shares on a valid exercise of any such option; provided that such allotment of any share or grant of any option over shares is within the Equity Award Pool Cap.
On each occasion when the Board is permitted to serve a Transfer Notice (as defined in and in accordance with the provisions of the Articles) the Board shall serve such a Transfer Notice as soon as reasonably practicable after being requested to do so by the Investors acting by Investor Majority Consent.
Unless the Board with Investor Majority Consent determines that this article 9.2 shall not apply, immediately prior to an Exit, the Employee’s Employee Shares which are Unvested shall immediately convert into Deferred Shares.
Unless express provision is made in these articles to the contrary (which for the avoidance of doubt, includes, without limitation, a transfer to a Permitted Transferee in accordance with Article 15), no Shares shall be transferred without Investor Majority Consent.