Active shareholder definition
Active shareholder means a shareholder who receives at least $10,000.00 in compensation, directors' fees, or dividends from the business, and who owns at least 5% of the outstanding stock or other ownership interest.
Active shareholder. , in respect of a corporation, means an individual who is a shareholder of the corporation and who, on land in Alberta owned or leased by the corporation, directly carries on the business of farming on behalf of and for the gain or reward of the corporation, and involvement as an investor, shareholder, partner or member does not, by itself, constitute directly carrying on the business of farming.
Active shareholder means a shareholder who receives at least $10,000.00 in compensation, directors'
More Definitions of Active shareholder
Active shareholder means a shareholder who receives at least $10,000.00 in compensation, director's fees, or dividends from the business, and who owns at least 5% of the outstanding stock.
Active shareholder means each of ▇▇▇▇▇▇▇ and ▇. ▇▇▇▇▇▇▇▇▇, who are the Sellers who are actively engaged in the management and operation of the Company Entities.
Active shareholder has the meaning set forth in Section 2.03.
Active shareholder means any one of them;