Examples of Management Securityholders in a sentence
All of the terms of the Management Securityholders Addendum are incorporated herein by reference.
Employee shall be listed on the Schedule of Management Securityholders and Exhibit A of the Securityholders Agreement.
In addition, the Company will pay, and reimburse the Management Securityholders covered by such registration for payment of, the reasonable fees and disbursements of one counsel chosen by the Management Securityholders incurred in connection with any Piggyback Registration, whether or not it becomes effective.
Notwithstanding anything to the contrary stated herein, this Agreement shall not apply to any shares of Common Stock or any options to acquire Common Stock granted to, or purchased by, Wirta or White, which are subject to the terms xx xhe Management Securityholders' Agreement (the "Management Securities"), and any references to Common Stock or Equity Securities held or beneficially owned by Wirta or White shall not include any Managemenx Xxxurities.
A Management Securityholder may Transfer Participant Securities (a) in a Public Offering pursuant to Section 4 below or (b) from and after the closing of the Initial Public Offering, pursuant to Rule 144 or a block sale to a financial institution in the ordinary course of its trading business (provided that the Management Securityholders shall agree to lock-up periods in connection with registered Public Offerings as requested by the managing underwriters).
If the Sponsors deem it advisable for the Management Securityholders to Transfer Luxco securities rather than Dutchco Securities in such Sale, then each Management Securityholder agrees to exchange Dutchco Securities held by such Management Securityholder for equivalent Luxco securities (as determined in good faith by the Board on the basis of the number of Securities of the Dutchco held by Luxco and the number of outstanding Luxco securities).
In the event that the Company approves an Initial Public Offering, the holders of Options or Award Securities will take all necessary or desirable actions in connection with the consummation of such offering; provided that any recapitalization or restructuring of the Company’s equity in connection with an Initial Public Offering will be effected in accordance with the terms and conditions of the Management Securityholders Addendum and the Company’s organizational documents.
Xxxxx (or if Xx. Xxxxx is no longer Chief Executive Officer, another Initial Management Securityholder) shall be conclusively deemed to constitute the consent of all Management Securityholders.
All Award Securities issued pursuant to the exercise of any Option shall not be Transferable (other than pursuant to Article VI or as otherwise permitted pursuant to the terms of the Management Securityholders Addendum) by the Participant who exercised such Option and purchased such Award Securities (or any subsequent transferee).
Exercise of any Options shall constitute agreement by the Participant making such exercise to be bound by all of the terms and conditions of the Management Securityholders Addendum with respect to the Award Securities, or any other Company security, issuable to such Participant.