ITI Shareholders definition

ITI Shareholders means each of individuals placed on the list submitted by the Supervisory Board to the Management Board, which list was adopted by way of a Supervisory Board resolution passed with the Chairman and the Deputy Chairman voting in favour of such a resolution.

Examples of ITI Shareholders in a sentence

  • This Agreement shall be submitted to the ITI Shareholders for their approval at a meeting to be held as soon as practicable after all disclosure filings and other legal procedures required to be done, held, performed or accomplished prior thereto have been properly and lawfully done, held, performed or accomplished.

  • In exchange for the transfer of such securities by the ITI Shareholders, Sterling shall issue to the ITI Shareholders an aggregate of 28,335,061 shares of common stock of Sterling (the "Common Exchange Shares").

  • Subject to the approval of the Court in accordance with the CBCA, at the ITI Shareholders Meeting the affirmative vote of two-thirds of the votes actually cast by all ITI shareholders present is required to approve this Agreement, the Arrangement and the consummation of the transactions contemplated hereby.

  • The board of directors of ITI has authorized the execution and delivery of this Agreement by ITI and has approved this Agreement and the transactions contemplated hereby, and will recommend to the ITI Shareholders that the Exchange be accepted by them.

  • Bridgestone acknowledges that Xxxxxx Xxxxxx has been engaged by ITI as a finder in connection with this transaction, and ITI and the ITI Shareholders shall indemnify Bridgestone against any claims that may arise in connection therewith.

  • As a result, Mr. Yue Yong, Mr. Liang Judong and Professor Lam Kin Man were reappointed on 19 June 2020.

  • The actual number of Preferred Exchange Shares to be issued to the ITI Shareholders shall be determined by multiplying (i) 28,335 by (ii) the quotient derived by dividing (x) the ITI Appraised Value (as defined in Section 4.12) minus the Sterling Appraised Value (as defined in Section 4.12), by (y) the Sterling Appraised Value; provided that the total Preferred Exchange Shares shall in no event exceed 28,335.

  • Exhibit A-2 -- Names and Anticipated Respective Shareholdings in ITI of the Individuals and Entities that are to be ITI Shareholders immediately prior to Closing.

  • Of the 522 responses received, 445 focused solely on accounting for digital assets.

  • Upon consummation of the transaction contemplated herein, assuming participation by all of the ITI Shareholders, all of the shares of common stock of ITI shall be held by Sterling and the ITI Shareholders shall hold fifty percent of the common stock of Sterling immediately following the Exchange.

Related to ITI Shareholders

  • Public Shareholders means the holders of Ordinary Shares included in the Units issued in the Public Offering; (v) “Public Shares” shall mean the Ordinary Shares included in the Units issued in the Public Offering; (vi) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; (vii) “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 Securities Exchange Act of 1934, as amended, 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); and (viii) “Charter” shall mean the Company’s Amended and Restated Memorandum and Articles of Association, as the same may be amended from time to time.

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

  • Controlling Shareholders means controlling shareholders of the Company, as such term is defined in the Ordinance.

  • Majority Shareholders means Sxx Xxxxxx, Sxxxx Xxxxx, Mxxxxxx Xxxxx and Gxxxx XxXxxxxx.

  • 10% Shareholder means a person who owns, directly or indirectly, stock possessing more than 10% of the total combined voting power of all classes of stock of the Company or any Parent or Subsidiary of the Company. Indirect ownership of stock shall be determined in accordance with Code Section 424(d).

  • Company Stockholders means the holders of shares of Company Capital Stock.

  • Rollover Shareholders means each of Expert Master Holdings Limited, Mr. Longhua Piao and UMW China Ventures (L) Ltd.

  • Independent Shareholders means holders of outstanding Voting Shares, excluding (i) any Acquiring Person, (ii) any Offeror, (iii) any Affiliate or Associate of any Acquiring Person or Offeror, (iv) any Person acting jointly or in concert with any Acquiring Person or Offeror, and (v) any employee benefit plan, share purchase plan, deferred profit sharing plan or trust for the benefit of employees of the Corporation or a wholly-owned Subsidiary of the Corporation (unless the beneficiaries of such plan or trust direct the manner in which such Voting Shares are to be voted or direct whether the Voting Shares are to be deposited or tendered to a Take-Over Bid, in which case such plan or trust shall be considered to be an Independent Shareholder).

  • ² Shareholder means a person who owns shares in the company and is actively involved in the management of the company or business and exercises control over the company.

  • Company Shareholder means a holder of Company Shares.