Founder Directors definition

Founder Directors or “Founder Director” has the meaning set forth in Section 6.1(a) hereof.

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Founder Directors or “Founder Director” has the meaning specified in Article 73(a).

Founder Directors has the meaning set forth in Section 2.1(i)(b) hereof.

Examples of Founder Directors in a sentence

The Founder shall not be entitled to designate any Founder Directors in accordance with this Section 1(c) if at any time the Founder beneficially owns, directly or indirectly, in the aggregate shares of Class A Common Stock and Class B Common Stock representing less than five percent (5%) of the total voting power of all issued and outstanding shares of Class A Common Stock and Class B Common Stock.
The Investors and the Company agree that the power to appoint, remove, dismiss and/or terminate the employment of the Chief Executive Officer (“CEO”) and the Chief Financial Officer of each Group Company shall vest with the Board, requiring consent of five (5) directors, including one (1) Xiaomi Director, the Kingsoft Director, the Series D Director and at least two of the Founder Directors.
In accordance with the Governing Documents of the Company as in effect as of the Closing, the Parties acknowledge and agree that the Closing Company Board will initially be a classified board with three (3) classes of directors and that each of the Founder Directors shall serve in a class of directors with an initial term effective from the Closing until the third annual meeting of the Company Shareholders held following the Closing.
The Founder Directors shall in total have five (5) votes, and if the Majority Ordinary Holders appoint less than five (5) Founder Directors, each such appointed Founder Director shall have one (1) vote; provided, however, that in the case of ▇▇ ▇▇▇▇ (王翌) being one of the Founder Directors, ▇▇ ▇▇▇▇ shall have a number of votes that is equal to (i) five (5) minus (ii) the number of the other Founder Directors (if any) that are actually appointed by the Majority Ordinary Holders.
For so long as ▇▇▇▇ ▇▇▇▇▇ (单丹丹) directly or indirectly holds any Shares then outstanding, she shall be entitled to designate the remaining Directors (the “Founder Directors” and each, a “Founder Director”), and the Founder Directors shall collectively have six (6) votes, among which (i) each Founder Director (other than ▇▇▇▇ ▇▇▇▇▇ (单丹丹)) shall have one (1) vote, and (ii) ▇▇▇▇ ▇▇▇▇▇ (单丹丹) shall have all the remaining votes at each Board meeting.

More Definitions of Founder Directors

Founder Directors means the directors of the Company appointed by the Founders to that office from time to time, and a “Founder Director” shall be construed accordingly;

Founder Directors has the meaning ascribed to it in Clause 3.1(a).

Founder Directors means the four Directors that the Founder Entities, their affiliates and Permitted Transferees (as defined in the Shareholders Agreement), acting together, will have the right to appoint for as long as such Founder Entities, their affiliates and their Permitted Transferees in the aggregate hold 20% or more of the Founder Preferred Shares issued and outstanding (as further described herein).

Founder Directors means each of the Directors listed in Part A of Schedule 1;

Founder Directors. Section 2.2(a)

Founder Directors. ’ means Robert E. Diamond Jr. and Ashish J. Thakkar; ‘‘Founder Preferred Shares’’ means the class of shares in the capital of the Company, details

Founder Directors means the persons set forth in Section 1.1(b) of the Company Disclosure Letter (in their capacities as directors of the Company).