Sponsor Shareholders definition

Sponsor Shareholders means BC European Capital VIII – 1 to 12 and 14 to 39, Silver Lake Partners III, L.P., Silver Lake Technology Investors III, L.P., BC European Capital – Intelsat Co-Investment, BC European Capital – Intelsat Co-Investment 1 and BC European Capital – Intelsat Syndication L.P., provided that, if any of the foregoing sell or otherwise transfer any part of its interest prior to the earlier of a Measuring Trigger or the Public Date, the acquirer of such interest shall be considered a Sponsor Shareholder to the extent of such acquired interest, but such acquisition shall not change the value of the Investment. EXHIBIT B ELECTION TO INCLUDE SHARES IN GROSS INCOME PURSUANT TO SECTION 83(b) OF THE INTERNAL REVENUE CODE The undersigned purchased [ ] Class B shares, par value U.S. $.001 per share (the “Class B Shares”), of Intelsat Global, Ltd. (formerly known as Xxxxxxxx Holdings Limited and referred to herein as the “Company”) pursuant to a Class B Restricted Share Agreement (the “Class B Restricted Share Agreement”), each dated as of [ ], 2009 (the “Grant Date”) and each between the Company and the undersigned. Under certain circumstances, the Company has the right to repurchase the Class B Shares from the undersigned (or from the holder of the Class B Shares, if different from the undersigned) upon the occurrence of certain events as described in the Class B Restricted Share Agreement. Hence, the Class B Shares are subject to a substantial risk of forfeiture and are nontransferable to other than family members (within the meaning of Treasury Regulation §1.83-3(d)). The undersigned desires to make an election under Section 83(b) of the Internal Revenue Code of 1986, as amended (“Code”) to have the Class B Shares taxed at the time the undersigned purchased the Class B Shares. Therefore, pursuant to Code §83(b) and Treasury Regulation §1.83-2 promulgated thereunder, the undersigned hereby makes an election, with respect to the Class B Shares, to report as taxable income for the undersigned’s taxable year ended December 31, 2009 the excess (if any) of the Class B Shares’ fair market value on [ ], 2009, over the purchase price thereof. The following information is supplied in accordance with Treasury Regulation §1.83-2(e):

Sponsor Shareholders means BC European Capital VIII – 1 to 12 and 14 to 39, Silver Lake Partners III, L.P., Silver Lake Technology Investors III, L.P., BC European Capital – Intelsat Co-Investment, BC European Capital – Intelsat Co-Investment 1 and BC European Capital – Intelsat Syndication L.P., provided that, if any of the foregoing sell or otherwise transfer any part of its interest prior to the earlier of a Measuring Trigger or the Public Date, the acquirer of such interest shall be considered a Sponsor Shareholder to the extent of such acquired interest, but such acquisition shall not change the value of the Investment.

Sponsor Shareholders means Blackstone Capital Partners VI L.P., Blackstone Family Investment Partnership VI L.P. and Blackstone Family Investment Partnership VI-ESC L.P.

Examples of Sponsor Shareholders in a sentence

• The Annual Training Program shall ensure training sessions for Sponsor Shareholders, BoD, Senior Management, Line Management, and Field Staff.

• The AMC, Trustee Company, Sponsor, Shareholders and their associate companies / entities may, subject to regulatory permissions wherever applicable, invest directly or indirectly in the Scheme from time to time.

• Std Obs 1Investment by AMC, Sponsor etc.The AMC, Trustee Company, Sponsor, Shareholders and their associate companies / entities may, subject to regulatory permissions wherever applicable, invest directly or indirectly in the Scheme from time to time.

• Certain subsidiaries of Porch omitted.The following diagram illustrates, in a simplified form, the ownership structure of New Porch immediately following consummation of the merger, assuming that no shares of Class A Common Stock are redeemed.See “ — Ownership of New Porch.” Existing Porch Equity RolloverPTAC Public Shareholders PIPE InvestorsPTAC Sponsor Shareholders 53.4%21.0% 18.2%5.1% New Porch Porch(1) (1) Subsidiaries of Porch omitted.

• Dubai Bank Limited (name subsequently changed to Union Bank of the Middleast Limited) decided to off-load their investment in AB Bank Limited with a view to concentrate their activities in the UAE in early part of 1987 and in terms of Articles 23A and 23B of the Articles of Association of theCompany and with the necessary approval of the relevant authorities, the shares held by them in the Bank were sold and transferred to Group "A" Shareholders, i.e. Bangladeshi Sponsor Shareholders.

More Definitions of Sponsor Shareholders

Sponsor Shareholders means the entities set forth on Schedule I hereto and any of their respective Affiliates or employees and any of their respective Permitted Transferees (in each case, who own, from time to time, Ordinary Shares).

Sponsor Shareholders shall have the meaning set forth in the Preamble.

Sponsor Shareholders means BC European Capital VIII – 1 to 12 and 14 to 39, Silver Lake Partners III, L.P., Silver Lake Technology Investors III, L.P., BCEC – Intelsat Co-Investment, BCEC – Intelsat Co-Investment 1 and BCEC – Intelsat Syndication L.P.; provided that, if any of the foregoing sell or otherwise transfer any part of its interest prior to a Measurement Date, the acquirer of such interest shall be considered a Sponsor Shareholder to the extent of such acquired interest, but such acquisition shall not change the value of the Investment.2 S chedule I Sponsor ShareholdersBC European Capital VIII – 1 BC European Capital VIII – 2 BC European Capital VIII – 3 BC European Capital VIII – 4 BC European Capital VIII – 5 BC European Capital VIII – 6 BC European Capital VIII – 7 BC European Capital VIII – 8 BC European Capital VIII – 9 BC European Capital VIII – 10 BC European Capital VIII – 11 BC European Capital VIII – 12 BC European Capital VIII – 14 BC European Capital VIII – 15 BC European Capital VIII – 16 BC European Capital VIII – 17 BC European Capital VIII – 18 BC European Capital VIII – 19 BC European Capital VIII – 20 BC European Capital VIII – 21 BC European Capital VIII – 22 BC European Capital VIII – 23

Sponsor Shareholders means those certain shareholders listed on S chedule I hereto.

Sponsor Shareholders means BC European Capital VIII – 1 to 12 and 14 to 39, Silver Lake Partners III, L.P., Silver Lake Technology Investors III, L.P., BCEC – Intelsat Co-Investment, BCEC – Intelsat Co-Investment 1 and BCEC – Intelsat Syndication L.P.; provided that, if any of the foregoing sell or otherwise transfer any part of its interest prior to a Measurement Date, the acquirer of such interest shall be considered a Sponsor Shareholder to the extent of such acquired interest, but such acquisition shall not change the value of the Investment.

Sponsor Shareholders means (i) the BC Investors and (ii) Silver Lake.

Sponsor Shareholders means (i) the Initial Shareholder and (ii) the Sponsors.