Restricted Shareholder definition

Restricted Shareholder means a member of the Company or other person who is restricted from holding an Interest in Securities without a Takeover Rules Event occurring by virtue of Rule 9 of the Takeover Rules or a member or person who would be so restricted but for the limitations on voting rights set out under Article 7, provided that where two or more persons are deemed or presumed (and such presumption has not been rebutted) to be Acting in Concert for the purpose of Rule 9 of the Takeover Rules, only the person who acquired the Interest in Securities which, but for the application of Article 7, would trigger the Takeover Rules Event shall be deemed to be a Restricted Shareholder in respect only of such number of the person’s Interest in Securities which, but for the application of Article 7, would trigger the Takeover Rules Event.
Restricted Shareholder has the meaning set forth in Section 2.1(a) hereof.
Restricted Shareholder means an Optionee who, at the time ---------------------- the Option is granted, owns stock representing more than ten percent (10%) of the total combined voting power of all classes of stock of the Company or any Parent or Subsidiary of the Company.

Examples of Restricted Shareholder in a sentence

  • When a Contractual Quarterly Tender takes place, Shareholders (other than a Restricted Shareholder) will be entitled, subject to the conditions and the Restrictions, to have valid tenders accepted by the Company up to their Basic Entitlement.

  • At least 10 calendar days prior to any Restricted Shareholders’ Meeting, any Restricted Shareholder may propose one or more candidates to be presented for appointment as Restricted Share Directors to the Board of Directors and the other Restricted Shareholders.

  • Save where a Pledge Consent has previously been given to a Restricted Shareholder, in which event no further authorisation or consent of, or action by, the Board of Directors shall be required with respect to the creation, existence or enforcement of, or the exercise of the rights under, any Pledge made by such Restricted Shareholder or any of its Affiliates in accordance with the terms of such Pledge Consent, the Board of Directors shall have absolute discretion as to whether to grant a Pledge Consent.

  • Neither the Restricted Shareholder, the Restricted Transferee nor any other transferee shall be liable for any costs or expenses incurred by the Company in connection with such conversion or transfer, and the Company shall not be liable for any delay in conversion or transfer or admission to listing provided it complies with this Article 7.9.

  • No Restricted Shares shall be issued other than to a Restricted Shareholder exercising its preferential subscription right in respect of its holding of Restricted Shares, without prejudice to the right of the Ordinary Shareholders to exercise their second ranking preferential subscription right in accordance with article 7:188 of the Code.


More Definitions of Restricted Shareholder

Restricted Shareholder has the meaning ascribed to such term in Section 6.1(b).
Restricted Shareholder means a Scheme Shareholder whom Bidco requires the Company totreat as a Restricted Shareholder pursuant to clause 6 of this Scheme;
Restricted Shareholder means a Participant granted an Incentive Stock Option who, at the time such option is granted, beneficially owns shares possessing more than 10% of the total combined voting power of all classes of shares of the Corporation or any Affiliate of the Corporation, with stock ownership determined in accordance with the attribution rules of I.R.C. Section 425(d). (y)
Restricted Shareholder has the meaning given in the Articles of Association.
Restricted Shareholder means an Employee that holds Restricted Shares granted under the Plan pursuant to an Equity Participation Agreement;
Restricted Shareholder means a Scheme Shareholder whom MKS requires the Company to treat as a Restricted Shareholder pursuant to Clause 5 of this Scheme;
Restricted Shareholder has the meaning given in clause 24.2; "Sale Price" has the meaning given in clause 17.2(b);