Examples of Series B-1 Investors in a sentence
The undersigned Series C Investors, Series B Investors and Series B-1 Investors, constituting the Requisite Holders, desire to amend and restate the Prior Agreement and to accept the rights and obligations created pursuant to this Agreement in lieu of the rights granted and obligations imposed to them under the Prior Agreement.
For so long as the outstanding Shares of Series B Preferred and Series B-1 Preferred, collectively, constitute five percent (5%) or more of the Company's outstanding capital stock (on a fully diluted basis), the Series B Investors and the Series B-1 Investors, voting together and separately as a class, shall have the right to elect one (1) director (the "Series B Director").
None of the Founders and Zhu shall transfer any equity interest in any of the Domestic Companies without the consent of each of the Series A Investors, Series B Investors, Series B-1 Investors, Series C Investors, Series D Investors and Series D-1 Investor.
The Founder, the Founder Holding Company, the Group Companies, the Series A Investors, and the Series B-1 Investors shall ensure that each party to the Control Documents perform its/his/her respective obligations thereunder and carry out the terms and the intent of the Control Documents.
Each Founder undertakes to the Company, the Series A Investors, the Series B Investors, the Series B-1 Investors, the Series C Investors, the Series D Investors and the Series D-1 Investor that he/she shall have entered into an inventions assignment, non-competition and confidentiality agreement with a PRC Subsidiary satisfactory to the Majority Preferred Holders.
In connection therewith, the Series B Investors and Series B-1 Investors shall designate one person as nominee for director and such Series B Investors and Series B-1 Investors agree to designate and vote their Shares in favor of such nominee.
For the avoidance of doubt, each of the Series A Investors, the Series B Investors, the Series B-1 Investors, the Series C Investors and the Series D and Series D-1 Investor shall have the right of first refusal to purchase the shares transferred by the Founders under this Section 9.1(b) pursuant to Section 9.2.
The undersigned Series B Investors and Series B-1 Investors, when constituting the Requisite Holders, desire to amend and restate the Prior Agreement and to accept the rights and obligations created pursuant to this Agreement in lieu of the rights granted and obligations imposed to them under the Prior Agreement.
The Parties further agree to effect such transfer of equity interest in the Domestic Companies with respect to the Series A Investors only upon receipt of the written request of the Series A Majority and with respect to the Series B1 Investors and Series B2 Investors the Series B Majority, provided that such transfer shall at the time of such request be permissible under the Laws of the PRC then applicable.
No member of the Company Group is a “qualified subchapter S subsidiary” (as defined in Section 1361(b)(3)(B) of the Code) or has a corresponding status for state or local income tax purposes.