Original Shareholders Clause Samples
The 'Original Shareholders' clause defines the individuals or entities who initially hold shares in a company at the time of its formation or at the execution of a particular agreement. This clause typically lists these shareholders by name and the number or percentage of shares each holds, establishing a clear record of ownership from the outset. By doing so, it provides a reference point for future share transfers, rights, and obligations, ensuring clarity and preventing disputes over original ownership.
Original Shareholders. Upon the original sale of Shares, the purchasers shall be admitted as Shareholders not later than the last day of the calendar month following the date their subscription was accepted by the Company. Subsequent purchases shall be accepted or rejected by the Company within thirty (30) days of their receipt; if rejected, the Company will return the subscription agreement and the related funds, without interest or deduction, within ten (10) business days after such rejection. Notwithstanding any of the foregoing provisions of this Article XI, the Company can reject subscription requests for any reason.
Original Shareholders. ▇▇. ▇▇▇▇▇ ▇▇▇ Address: Door 6 ▇▇.▇▇▇▇, ▇▇▇▇ ▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇. ▇▇▇ ▇▇▇▇ Address:
Original Shareholders. Date: September 9, 1997 -------------------------------------- ▇▇▇▇▇▇▇ ▇▇▇▇
Original Shareholders. On or prior to the Effective Date, a Creditor will become a party to this Agreement and an original Shareholder hereunder upon its checking the box provided in the ballots contained in the Plan solicitation materials.