Owner Shares definition

Owner Shares means with respect to any Owner (i) all shares of Common Stock held by such Owner, (ii) any equity securities issued or issuable directly or indirectly to a Owner with respect to the Common Stock referred to in clause (i) above by way of stock dividend or stock split or in connection with a combination of shares, conversion, recapitalization, merger, consolidation or other reorganization, and (iii) any other shares of any class or series of voting security of the Company currently held or held in the future by a Owner. As to any particular shares constituting Owner Shares, such shares will cease to be Owner Shares when they have been transferred in accordance with the restrictions set forth in Section 2 to any person who is not a Permitted Assignee.
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Owner Shares means with respect to any Owner (i) all shares of Common Stock and/or preferred stock of the Company, par value $0.10 per share (“Preferred Stock”) held by such Owner, (ii) any equity securities issued or issuable directly or indirectly to an Owner with respect to the Common Stock referred to in clause (i) above by way of stock dividend or stock split or in connection with a combination of shares, conversion, recapitalization, merger, consolidation or other reorganization, and (iii) any other shares of any class or series of voting security of the Company currently held or held in the future by an Owner. As to any particular shares constituting Owner Shares, such shares will cease to be Owner Shares when they have been transferred to any person who is not a party hereto, other than pursuant to an Excluded Affiliate Transfer.
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Owner Shares means, with respect to any Owner, NGP II or NGP III: (i) a shares of Common Stock or Series A Preferred currently held or held in the future by such Person (including, without limitation, shares acquired upon the exercise of any option, warrant or other right); provided that, in order to participate in any Purchase Offer, such conversion must occur no later than the deadline for acceptance of such offer as set forth in Section 2(b)(ii)(B) hereof;
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Examples of Owner Shares in a sentence

  • Any such legend shall be removed from the certificates evidencing any shares which cease to be Owner Shares, as set forth in the definition of such term in Section 3 hereof.

  • In the case of a proposed Transfer that does not fall within the provisions of clause (i) of this Section 2(b), such Selling Owner shall cause the Person or group that proposes to acquire Owner Shares from such Selling Owner (the "PROPOSED PURCHASER") to offer in writing (the "PURCHASE OFFER") to the Tag-Along Owners, to purchase a Proportionate Share of the Owner Shares of the Tag-Along Owners.

  • The spouse, if any, of each Management Owner and Employee Owner who resides in a state subject to community property laws joins in the execution and delivery of this Agreement for the express purpose of binding his or her community property interests, if any, in the Owner Shares.

  • The Owners will cause the Company to imprint a legend on any certificates evidencing Owner Shares which are subject to this Agreement referring to the voting rights and the restrictions on Transfer of the Owner Shares imposed hereunder.

  • The provisions of Section 2(b) above do not apply to any Transfer by a Restricted Owner of such Restricted Owner's Owner Shares pursuant to (i) a registration statement filed under the Securities Act, or (ii) a sale effected through a national securities exchange or the Nasdaq Stock Market.

  • In addition to any restrictions on the Transfer of Owner Shares that are imposed under the Securities Act or other applicable securities laws, no Restricted Owner shall Transfer or Pledge all or any part of such Restricted Owner's Owner Shares without the prior written consent of the other Restricted Owners or in accordance with this Section 2.

  • No Owner Shares shall be transferred on the books of the Company, nor shall any Transfer be effective, unless and until the terms and provisions of this Agreement are first complied with and, in case of violation of this Agreement by the attempted Transfer of Owner Shares without compliance with the terms and provisions hereof, such Transfer shall be invalid and of no effect.

  • The provisions of Section 2(b) above do not apply to any Transfer by a Restricted Owner of such Restricted Owner's Owner Shares in an Excluded Affiliate Transfer.

  • Any such legend shall be removed from the certificates evidencing any shares which cease to be "Owner Shares", as set forth in definition of such term in Section 3 hereof.

  • No Owner Shares shall be transferred on the books of the Company nor shall any sale, assignment, transfer, pledge or other disposition thereof be effective unless and until the terms and provisions of this Agreement are first complied with and, in case of violation of this Agreement by the attempted transfer of Owner Shares without compliance with the terms and provisions hereof, such sale, assignment, transfer, pledge or other disposition shall be invalid and of no effect.


More Definitions of Owner Shares

Owner Shares means, with respect to any Owner, NGP II or NGP III: (i) all shares of Common Stock or Series A Preferred currently held or held in the future by such Person (including, without limitation, shares acquired upon the exercise of any option, warrant or other right); provided that, in order to participate in any Purchase Offer, such conversion must occur no later than the deadline for acceptance of such offer as set forth in Section 2(b)(ii)(B) hereof; (ii) any equity securities issued or issuable directly or indirectly to such Person with respect to the Common Stock or Series A Preferred referred to in clause (i) above by way of stock dividend or stock split or in connection with a combination of shares, conversion, recapitalization, merger, consolidation or other reorganization; and (iii) any other shares of any class or series of voting security of the Company currently held or held in the future by such Person. As to any particular shares constituting Owner Shares, such shares will cease to be Owner Shares when they have been transferred to any person who is not a current or future party to this Agreement, other than pursuant to an Excluded Affiliate Transfer. In determining the percentage ownership of any Person or Persons or their participation in a transaction, the Series A Preferred shall be counted on an as-converted basis with the Common Stock.
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Owner Shares means with respect to any Owner (i) all shares of Common Stock held by such Owner, (ii) any equity securities issued or issuable directly or indirectly to an Owner with respect to the Common Stock referred to in clause (i) above by way of stock dividend or stock split or in connection with a combination of shares, conversion, recapitalization, merger, consolidation or other reorganization, and (iii) any other shares of any class or series of voting security of the Company currently held or held in the future by an Owner.
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Related to Owner Shares

  • Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.

  • ASA Shares has the meaning set forth in 2.4(a).

  • Founders’ Shares means 1,000 shares with a par value of $1 per share, 500 of which were issued to MACRO Securities Depositor, LLC and 500 of which were issued to Claymore Securities, Inc., in exchange for the Initial Deposit.

  • Subject Shares means that number of Shares set forth on the Securityholder’s signature page attached to this Agreement, being all of the Shares owned legally or beneficially, either directly or indirectly, by the Securityholder or over which the Securityholder exercises control or direction, either directly or indirectly, and shall further include any Shares issued upon the conversion, exercise or vesting, as applicable, of Convertible Securities or otherwise acquired by the Securityholder after the date hereof.

  • Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.