30% Stockholder definition

30% Stockholder means any Person that Beneficially Owns 30% or more of the Voting Shares of the Company then outstanding; provided, however, that the term “30% Stockholder” shall not include:
Sample 1
30% Stockholder means any Person that Beneficially Owns 30% or more of the Voting Shares of the Company then outstanding; provided, however, that the term “30% Stockholder” shall not include: (i) an Exempt Person; (ii) any Person that would not otherwise be a 30% Stockholder but for a reduction in the number of outstanding Voting Shares resulting from a stock repurchase program or other similar plan of the Company or from a self tender offer of the Company, which plan or tender offer commenced on or after the date hereof; provided, however, that the term “30% Stockholder” shall include such Person from and after the first date upon which (A) such Person, since the date of the commencement of such plan or tender offer, shall have acquired Beneficial Ownership of, in the aggregate, a number of Voting Shares of the Company equal to 1% or more of the Voting Shares of the Company then outstanding and (B) such Person, together with all Affiliates and Associates of such Person, shall Beneficially Own 30% or more of the Voting Shares of the Company then outstanding; (iii) any Person that would not otherwise be a 30% Stockholder but for its Beneficial Ownership of Rights; (iv) any Person that is the Beneficial Owner of 30% or more of the outstanding Voting Shares of the Company as of July 9, 2007; provided, however, that the term “30% Stockholder” shall include such Person from and after the first date upon which (A) such Person shall have acquired since July 9, 2007, without the prior approval of the Board of Directors of the Company, Beneficial Ownership of, in the aggregate, a number of Voting Shares of the Company equal to 1% or more of the Voting Shares of the Company then outstanding, and (B) such Person, together with all Affiliates and Associates of such Person, shall Beneficially Own 30% or more of the Voting Shares of the Company then outstanding; (v) any Person (a “Transferee”) that acquires Voting Shares from a Person described in clause (iv) above that has not become a 30% Stockholder if, after giving effect to such acquisition, such Transferee Beneficially Owns no more than the sum of the Voting Shares so acquired plus 1% of the Voting Shares then outstanding; provided, however, that the term “30% Stockholder” shall include such Transferee from and after the first date upon which (A) such Transferee, since the date of such acquisition, shall have acquired, without the prior approval of the Board of Directors of the Company, Beneficial Ownership of, in the aggregate, ...
Sample 1
30% Stockholder means any Person that Beneficially Owns 30% or more of the Voting Shares of the Company then outstanding; provided, however, that the term “30% Stockholder” shall not include:
Sample 1

Examples of 30% Stockholder in a sentence

  • On June 17, 1999, the Corporation amended and restated the plan to limit the availability of option grants under the Automatic Option Grant Program to those individuals who are not a 30% Stockholder.

  • The undersigned hereby certifies that the Rights evidenced by this Right Certificate are not Beneficially Owned by a 30% Stockholder or an Affiliate or Associate thereof (as defined in the Rights Agreement).

  • For the purposes of this section, a "30% Stockholder" shall mean any person (other than the Corporation and any other corporation of which a majority of the voting power of the capital stock entitled to vote generally in the election of directors is owned, directly or indirectly, by the Corporation) who or which is the beneficial owner, directly or indirectly, of thirty percent (30%) or more of the outstanding Voting Stock.

  • Stud z odpovědí nevystupuje, nebo není vymezen, často verbálně ve výpovědích namátkově zaměňován za vinu (případně provinění, svědomí) a naopak.

  • For the purposes of this section, a "30% Stockholder" shall mean any person (other than the Corporation and any other corporation of which a majority of the voting power of the capital stock entitled to vote generally in the election of directors is owned, directly or indirectly, by the Corporation) who or which in the beneficial owner, directly or indirectly, of 30% or more of the outstanding Voting Stock (as hereinafter defined).

  • If no Initial Public Offering has been consummated by the fifth anniversary of the Closing Time, then at any time thereafter, any person who at the time of the request described below owns at least 30% of the outstanding Common Stock and who is the Enron Party or an assignee of the Enron Party (the "30% Stockholder") may request Newco to register under the Securities Act all or any portion of its shares of Common Stock.

  • Any determination made by the Board of Directors of the Company as to whether any Person is or is not a 30% Stockholder shall be conclusive and binding upon all holders of Rights.

Related to 30% Stockholder

  • 10% Stockholder means the owner of stock (as determined under Code Section 424(d)) possessing more than ten percent (10%) of the total combined voting power of all classes of stock of the Corporation (or any Parent or Subsidiary).

  • Common Stockholder means the employee of, consultant to, or director of the Company or other person to whom shares of Common Stock are issued pursuant to this Plan.

  • 10% Shareholder means a person who owns, directly or indirectly, stock possessing more than 10% of the total combined voting power of all classes of stock of the Company or any Parent or Subsidiary of the Company. Indirect ownership of stock shall be determined in accordance with Code Section 424(d).

  • Class B Stockholder means (i) the registered holder of a share of Class B Common Stock at the Effective Time and (ii) the initial registered holder of any shares of Class B Common Stock that are originally issued by the Corporation after the Effective Time.

  • Major Stockholder means any such Person.

  • Company Stockholder means the holder of either a share of Company Common Stock or a share of Company Preferred Stock.

  • Participating Stockholder means a “Participating Stockholder” under the HBB Stockholders’ Agreement, HY Stockholders’ Agreement and NACCO Stockholders’ Agreement, to the extent the Partnership owns HBB Class B Shares, HY Class B Shares or NACCO Class B Shares. A Partner shall cease to be a Participating Stockholder under this Agreement and shall be deemed to be a Former Partner immediately prior to any event or lapse of time that causes such Partner to no longer be a “Participating Stockholder” under such applicable stockholders’ agreements.

  • ² Shareholder means a person who owns shares in the company and is actively involved in the management of the company or business and exercises control over the company.

  • Company Shareholder means a holder of one or more Company Shares;

  • Eligible Stockholder means a person who has either (1) been a record holder of the shares of common stock of the Corporation used to satisfy the eligibility requirements in Section 3.2(d) continuously for the required three-year period or (2) provides to the Secretary of the Corporation, within the time period referred to in Section 3.2(e), evidence of continuous Ownership of such shares for such three-year period from one or more securities intermediaries.

  • Parent Stockholders means the holders of the outstanding Parent Shares.

  • Other Stockholder means the persons that own Common Stock, other than the Participant.

  • Initial Shareholder means any beneficial owner of the Company’s unregistered securities.

  • Management Stockholder shall have the meaning set forth in the introductory paragraph.

  • Stockholder means, with respect to any Person, each holder of Stock of such Person.

  • Principal Stockholder means, collectively, (i) the Sponsor and (ii) any affiliate or successor of a person referenced in clauses (i) and (ii) of this definition.

  • Shareholder means a person who owns shares in the company and is actively involved in the management of the enterprise or business and exercises control over the enterprise.

  • Common Stockholders means holders of shares of Common Stock.

  • Stockholder Group means the Stockholder and each Person (other than any member of the Company Group) that is an Affiliate of the Stockholder.

  • Significant Stockholder means Allied Irish Banks, p.l.c., a limited liability company incorporated under the laws of Ireland having its registered office at Bankcentre, Ballsbridge, Dublin 4, Ireland, and any successor thereto.

  • Preferred Shareholder means any holder of the Preferred Shares.

  • Majority Stockholder means, collectively or individually as the context requires, TPG Capital, L.P., Apollo Global Management, LLC and/or their respective affiliates.

  • Major Stockholders means those stockholders owning more than ten percent (10%) of the voting stock of any

  • Transferring Stockholder has the meaning assigned to such term in Section 3.4(a).

  • Eligible Shareholder means an existing or new investor of the Company that is eligible at the ACD’s discretion to invest in the Class X Shares upon entering into an agreement with the ACD and fulfilling the eligibility conditions set by the ACD from time to time.

  • Transferring Shareholder has the meaning set out in Section 6.1;