Stockholder Percentage definition

Stockholder Percentage means the amount, expressed as a percentage, equal to one hundred percent (100%) less the Optionholder Percentage.

Stockholder Percentage of any Stockholder means the percentage of Common Stock held by such Stockholder on a fully diluted basis, including equity securities exercisable into Common Stock.

Stockholder Percentage means, as of any date, the quotient, expressed as a percentage, obtained by dividing (x) number of votes the Stockholder is entitled to vote at that time in the election of members of the Board of Directors attributable to Beneficial Ownership of Equity Interests in Parent (assuming no conversion or exercise of any Equity Interests), by (y) the total number of votes outstanding that are entitled at that time to vote in election of members of the Board of Directors by the holders of the outstanding Equity Interests in Parent (assuming no conversion or exercise of any Equity Interests); provided, that to extent that Parent has issued any securities during the Basket Period pursuant to clause (iv) of the definition of Qualified Equity Offering below the Basket and the Stockholder therefore was not entitled to exercise its preemptive rights pursuant to Section 7 of the Agreement in connection with such issuance, such securities shall not be included in clause (y) of this definition until after the later of the one (1) year anniversary of (i) the date of issuance of such securities and (ii) the expiration of the Section 382 Limitation Period.

Examples of Stockholder Percentage in a sentence

• Your Relationship to Business (Check One): Sole Proprietor Stockholder (Percentage owned %) LLC Member Partner ( %) Officer/ Board Member Other (please specify): 5.

• For purposes of this Section 2, the members of the Xxxxxxxx Group shall be treated as a single “Stockholder” and their Stockholder Percentage shall be aggregated for purposes of Section 2(a)(i) below.

• Other than with respect to Section 4(b), which shall survive until such time as waived or revoked in writing by the Stockholder that is a beneficiary of the obligations set forth in such provision, and with respect to Section 2, which will terminate as described in Section 2(f), this Agreement will terminate in its entirety and will have no further force or effect at such time when no Stockholder has a Stockholder Percentage greater than or equal to 10%.

• For purposes of clarity, and notwithstanding anything to the contrary herein, no hedging transaction or other actions described in the first sentence of Section 6.02 will be deemed to reduce the Stockholder Percentage Interest, result in a termination of this Agreement or result in a loss of rights under Article II or any other provision hereof.

• For the avoidance of doubt, any Costs payable by the Company arising out of any Commitment and any equity interest or equity equivalent issued or issuable in connection with a warrant and any other Commitment, shall be borne solely by the Non-Investor Stockholders, and the Stockholder Percentage Interest of the Investor Stockholder shall not be diluted or otherwise affected thereby.

More Definitions of Stockholder Percentage

Stockholder Percentage means the amount, expressed as a percentage, equal to one minus the Optionholder Percentage.

Stockholder Percentage shall be determined in the following manner: Percentage of Outstanding Common Stock Held by the Stockholders Stockholder Percentage ------------------------------------ ---------------------- 35% or more 56% 27% or more but less than 35% 42% 19% or more but less than 27% 28% 10% or more but less than 19% 14% less than 10% 0% The Corporation shall cause the Stockholder Designees (unless, after customary investigation of any Stockholder Designee's qualifications, the Board of Directors of the Corporation reasonably determines in good faith that such person is not qualified or acceptable under standards applied fairly and equally to all nominees, in which event the Stockholders shall designate another person that meets the foregoing standards) to be included in the slate of nominees recommended by the Board of Directors of the Corporation or the nominating committee of the Board of Directors to the Corporation's stockholders for election as directors, and the Corporation shall use its best efforts to cause the election of the Stockholder Designees in such stockholder elections, including voting all shares for which the Corporation holds proxies (unless otherwise directed by the stockholder submitting such proxy) or is otherwise entitled to vote, in favor of the election of the Stockholder Designees.

Stockholder Percentage means a fraction, expressed as a percentage, (a) the numerator of which is equal to the aggregate amount of Per Share Closing Consideration payable to the Stockholders pursuant to Section 2.5(b) and (b) the denominator of which is equal to the sum of (i) the aggregate amount of Per Share Closing Consideration payable to the Stockholders pursuant to Section 2.5(b) plus (ii) the aggregate amount of Option Closing Consideration payable to the Optionholders pursuant to Section 2.5(c). ​

Stockholder Percentage means: (i) with respect to Louis H. Siracusano, 46.062%; (ii) with respect to Arnolx X. Xxxxxxxx, 46.02%; and (iii) with respect xx Xxxxxx X. Xxxx, 7.876%.

Stockholder Percentage means, as of any date of determination, with respect to any Stockholder, a percentage calculated by dividing (x) the aggregate number of Common Equivalent Shares held by such Stockholder by (y) the aggregate number of Common Equivalent Shares of the Company held by all Stockholders on such date.

Stockholder Percentage means 80% in the case of RM and R&A, as a group, and 20% in the case of KS.

Stockholder Percentage means, with respect to any Stockholder, the percentage of the Merger Consideration allocable to such Stockholder, as set forth opposite such Stockholder's name on EXHIBIT D hereto.