Applicable Stockholders definition
Examples of Applicable Stockholders in a sentence
The record date for the Applicable Stockholders Meeting shall be determined in prior consultation with and subject to the prior written approval of the other parties to this Agreement (which prior written approval shall not be unreasonably delayed, conditioned or withheld).
The Operating Guidelines shall remain in effect during the “Applicable Period” as such term is defined in Section 4 of that certain Stockholders’ Agreement, dated July 28, 2005, by and among the Corporation and the Applicable Stockholders (as defined therein).
Except as otherwise provided in this Agreement, the Applicable Stockholders will not sell, assign, transfer, pledge, hypothecate or otherwise encumber or dispose of in any way, all or any part of or any interest in the Stock.
Each Applicable Stockholder shall have a right of reallotment such that, if any other Applicable Stockholder fails to exercise the right to purchase such Applicable Stockholder’s pro rata share of the remaining Offered Stock, the other participating Applicable Stockholders may exercise an additional right to purchase, on a pro rata basis, the Offered Stock not purchased by an Applicable Stockholder.
This Agreement represents the entire agreement among any Applicable Stockholders relating to the subject matter hereof and supersedes any prior agreements or term sheets relating to the subject matter hereof.
Notwithstanding the foregoing, the rights of first refusal of the Applicable Stockholders shall not apply to (a) any pledge of Stock made pursuant to a bona fide loan transaction that creates a more security interest, (b) any transfer to the ancestors, descendants or spouse or to trusts for the benefit of such persons or the Applicable Stockholders; (c) any bona fide gift, (d) in the case of ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ a transfer to existing employees of Capital Entertainment Enterprises, Inc.
If an Applicable Stockholder (the “Selling Stockholder”) proposes to sell or transfer any shares of the Stock held by the Selling Stockholder as of the date of this Agreement, the Selling Stockholder shall promptly give written notice (the “Notice”) to the other Applicable Stockholders at least thirty (30) days prior to the closing of such sale or transfer.
Fax No.: (▇▇▇) ▇▇▇-▇▇▇▇ To the Applicable Stockholders: At the address on the Corporation's records for the Applicable Stockholder A party may change or supplement the addresses given above, or designate additional addresses, for purposes of this Section 8(e) by giving the other party written notice of the new address in the manner set forth above.
The Applicable Stockholders shall instruct the directors that they elect to comply with the Operating Guidelines attached hereto as Exhibit A during the Applicable Period.
The Applicable Stockholders shall have an option (the “Applicable Stockholders’ Option”) for a period of twenty (20) days from their receipt of the Notice to elect to purchase their respective pro rata share of the remaining Offered Stock at the same price and subject to the same material terms and conditions described in the Notice.