Examples of Xxxxxx Family Members in a sentence
Upon the terms and conditions hereinafter set forth, the Xxxxxx Family Members shall contribute to Norcraft, and Norcraft shall accept as a contribution to Norcraft, all of the outstanding equity interests of the Canadian Subsidiary.
The Requisite Stockholder Approval shall have been obtained, and the holders of a majority of the issued and outstanding shares of Class A Common Stock entitled to vote thereon, excluding shares of Class A Common Stock beneficially owned by RMS and Xxxxxx Family Members, shall have voted for the approval of the Proposed Amendments.
The Fair Market Value shall be initially determined by those directors of the Company who are not Affiliated with any of the Purchasers, Xxxxxx, Family Members of Xxxxxx or Family Members of any such Person (the "Disinterested Directors").
This Agreement and the rights and obligations hereunder shall not be assignable or transferable by Holdings, Norcraft, the Xxxxxx Investor or the Xxxxxx Family Members without the prior written consent of Holdings and the Xxxxxx Investor; provided, that the Xxxxxx Investor may assign its rights pursuant to Sections 2 and 3 of this Agreement to a Permitted Transferee who receives Series A-2 Units from the Xxxxxx Investor in connection with a Transfer permitted by the LP Agreement.
By execution hereof, the Xxxxxx Family Members assign their rights to receive such units to the Xxxxxx Investor, which will, immediately upon receipt of such units, execute and deliver the LP Agreement and exchange such units for an aggregate 2,967,429 Series A-2 Units, all in consideration for such contribution by the Xxxxxx Family Members.
During such period, the Parent Company, affiliates, subsidiaries, management, employees or Xxxxxx Family Members will not, directly or indirectly, either alone or in concert with others, solicit or encourage any employee or officer of or consultant to the Company (x) to leave or otherwise terminate his or her relationship with the Company or (y) to engage directly or indirectly in any Competitive Activity.
In connection with each of the 2020 Annual Meeting and the 2021 Annual Meeting, the Board shall be entitled to request from RMS information setting forth the beneficial ownership of shares of Class A Common Stock (or any successor security) by the Xxxxxx Family Members.
Xxxxxx, Xxxxxx Xxxx, Xxxxxxxx Xxxxxx, Xxxxx Xxxxxx, Xxxxxxx Xxxxxx and Xxxx Bank (the “Xxxxxx Family Members”) occurring within seven (7) days of the date hereof, the Xxxxxx Family Members shall become Company Releasees hereunder; provided, however, that if the Xxxxxx Family Members do not execute a reciprocal release prior to such date, they shall not be considered Company Releasees hereunder or beneficiaries of this paragraph 7.
The Election Review Officer shallwill be the person nominated from time to time by the President of the New Plymouth Districtbranch of the New Zealand Law Society or his or her nominee.