Examples of Principal Selling Stockholder in a sentence
The number of Option Shares contributed by each Principal Selling Stockholder shall be determined by multiplying the aggregate number of Option Shares to be purchased by a fraction, the numerator of which is the number of Option Shares as set forth opposite the name of such Principal Selling Stockholder in Schedule 2 hereto and the denominator of which is the total number of Option Shares available as set forth in Schedule 2 hereto.
This indemnity agreement will be in addition to any liability which the Company or the Principal Selling Stockholder may otherwise have.
The indemnity agreement set forth in this Section 7(a)(1) shall be in addition to any liabilities that the Company and the Principal Selling Stockholder may otherwise have.
By giving notice as set forth in SECTION 13 before the time this Agreement becomes effective, you, as Representative of the several Underwriters, the Company, or the Principal Selling Stockholder, may prevent this Agreement from becoming effective without liability of any party to any other party, except as provided in SECTIONS 5(i) and 9.
Notwithstanding anything to the contrary contained in this Section 7, the liability of each Principal Selling Stockholder to the Underwriters or any other person shall be limited to an amount equal to the net proceeds received (after deducting underwriters' discounts and commissions) by such Principal Selling Stockholder from the sale of the Shares in this Offering.
Section 4.1 If the Parties are, after negotiation in good faith, unable to ----------- agree upon the appropriate application of this Agreement, the controversy shall be settled by the accounting firm (the "Accounting Firm") remaining on the list of firms set forth on Schedule A hereto after the Company and the Principal Selling Stockholder, commencing with the Principal Selling Stockholder, shall have objected seriatim to the other firms on the list.
If the Indemnitor is more than one Stockholder, the Principal Selling Stockholder shall participate in such conferences, meetings and proceedings with the Company, the IRS or the applicable taxing authority on behalf of all Stockholders, but shall not be permitted to settle any litigation or agree to any Adjustment or indemnification payment without the prior written consent of the Trust.
The aggregate of 4,600,000 shares to be sold by the Company and the Selling Stockholders is herein called the "Firm Shares" and the aggregate of 690,000 additional shares to be sold by the Company and the Principal Selling Stockholder is herein called the "Optional Shares".
The Company and the Principal Selling Stockholder shall not be liable for any settlement of any Proceeding effected without the written consent of the Company or the Principal Selling Stockholder, as applicable, but if settled with the written consent of the Company or the Principal Selling Stockholder, the Company and the Principal Selling Stockholder agree to indemnify and hold harmless any Underwriter and any such person from and against any loss or liability by reason of such settlement.
If to the Principal Selling Stockholder: Circuit Holdings, LLC 0000 Xxxxxxxxxxxx Xxxxxx, XX Xxxxx 000 Xxxxxxxxxx, XX 00000 Attention: Xxxxxxx X.