Examples of Shareholding Percentage in a sentence
If a Shareholder’s Shareholding Percentage falls below [20]% its appointed Director will be deemed to be removed.] [Option 3 – Each Shareholder has the right to appoint one Director for each specified Shareholding Percentage they hold.
If a Shareholder’s Shareholding Percentage changes such that it would not be entitled to the number of Director appointments as it then holds, the relevant number of its appointed Directors will be deemed to be removed.] Chairperson: The Board will appoint one of the Directors to be Chairperson who will not have a casting vote at Board meetings.
We have suggested 20% but this can be amended to suit the circumstances.] [Each Shareholder with a Shareholding Percentage of [20]% or more may, by giving written notice to the Company, appoint one Director.
Again we have suggested 20% but this can be amended to suit the circumstances.] [Each Shareholder with a Shareholding Percentage of [20]% or more may, by giving written notice to the Company, appoint one Director for each [20]% Shareholding Percentage held.
Appointment and removal: [Option 1 – Each Shareholder (regardless of their Shareholding Percentage) has the right to appoint a Director.