Founder Stock definition

Founder Stock means all shares of Class B Common Stock that are issued and outstanding as of the date hereof and all shares of Class A Common Stock issued upon conversion thereof.
Founder Stock has the meaning set forth in the third recital of this Agreement.
Founder Stock means Common Stock of the Company presently held by the Founders or that may be acquired in the future.

Examples of Founder Stock in a sentence

  • Such transferred Founder Stock shall remain “Founder Stock” hereunder, and such pledgee, transferee or donee shall be treated as the “Founder” for purposes of this Agreement.

  • The Founders represent and warrant that each is the sole legal and beneficial owner of those shares of Founder Stock he or she currently holds subject to the Agreement and that no other person has any interest (other than a community property interest) in such shares.

  • VIRTUAL OFFICE WEBSITE (VOW) LICENSE AGREEMENT This License Agreement (agreement) is made and entered into between More Information California Solar Initiative (CSI) Program 2007 Reservation Request Form and Program Contract [follows the other side Reservation Request Form] CSI CONTRACT TERMS This California Solar Initiative More information Founder Stock Purchase Agreement Document 1330A Access to this document and LeapLaw website is provided with the understanding that neither LeapLaw Inc.

  • The Notice shall describe in reasonable detail the proposed Transfer including, without limitation, the number of shares of Founder Stock to be transferred, the nature of such Transfer, the consideration to be paid, and the name and address of each prospective purchaser or transferee.

  • For a period of 20 days following receipt of any Notice described in Section 2.1, the Company shall have the right to purchase all or a portion of the Founder Stock subject to such Notice on the same terms and conditions as set forth therein.


More Definitions of Founder Stock

Founder Stock means the 3,417,000 shares of Voting Common Stock presently issued to the Founders and, if and to the extent vested, any of the 16,000,000 shares of Nonvoting Common Stock presently issued to the Founders, and any additional shares of Voting Common Stock or Nonvoting Common Stock issued to the Founders as a result of stock splits, stock dividends, or other recapitalizations.
Founder Stock means shares of the Company’s Common Stock now owned or subsequently acquired by the Founders by gift, purchase, dividend, option exercise or any other means whether or not such securities are only registered in a Founder’s name or beneficially or legally owned by such Founder, including any interest of a spouse in any of the Founder Stock, whether that interest is asserted pursuant to marital property laws or otherwise. The number of shares of Founder Stock owned and the number of shares of Founder Stock subject to outstanding options held by the Founders as of the date hereof are set forth on Exhibit B, which Exhibit may be amended from time to time by the Company to reflect changes in the number of shares owned by the Founders, but the failure to so amend shall have no effect on such Founder Stock being subject to this Agreement.
Founder Stock means shares of the Company’s Founder Stock, $0.0001 par value per share.
Founder Stock means shares of the Company's Common Stock now owned or subsequently acquired by the Founders by gift, purchase, dividend, option exercise or any other means whether or not such securities are only registered in a Founder's name or beneficially or legally owned by such Founder, including any interest of a spouse in any of the Founder Stock, whether that interest is asserted pursuant to marital property laws or otherwise. The number of shares of Founder Stock owned by the Founders as of the date hereof are set forth on Exhibit B, which Exhibit may be amended from time to time by the Company to reflect changes in the number of shares owned by the Founders, but the failure to so amend shall have no effect on such Founder Stock being subject to this Agreement.
Founder Stock has the meaning set forth in the recitals of this Agreement.
Founder Stock means (i) all shares of Common Stock held by the Founders, and (ii) any Common Stock issued as (or issuable upon the conversion or exercise of any warrant, right or other security that is issued as) a dividend or other distribution with respect to, or in exchange for or in replacement of such shares.
Founder Stock means the aggregate of 500,000 shares of Common ------------- Stock now owned by the Founder, but excluding any such Common Stock that has been (a) registered under the Securities Act pursuant to an effective registration statement filed thereunder and disposed of in accordance with the registration statement covering them or (b) publicly sold pursuant to Rule 144 under the Securities Act.