Examples of Major Stockholder in a sentence
Owner[Yes][No]Member[Yes][No]Partner[Yes][No]Officer[Yes][No]Employee[Yes][No]Contractor; Consultant[Yes][No]Broker[Yes][No]Major Stockholder:[Yes][No] Major Stockholder means ownership of 3% or more of firm stock.
This Agreement has been duly executed and delivered by the Major Stockholder and constitutes a valid and binding agreement of the Major Stockholder, enforceable against the Major Stockholder in accordance with its terms.
In addition, the Company will promptly provide to each Major Stockholder other customary information and materials, including reports of adverse developments, management letters, communications with stockholders or directors, press releases, and registration statements.
The Company will prepare and deliver to each Major Stockholder, on or before the first day of each fiscal year, an annual operating plan (that will include a budget) prepared on a monthly basis and, promptly after preparation, any revisions to such operating plan.
The consideration to be received in such Business Combination by holders of the common stock of the Company shall be, except to the extent that a stockholder agrees otherwise as to all or a part of his or her shares, in the same form and of the same kind as paid by the Major Stockholder in acquiring his Voting Stock.