Examples of Founder Vehicles in a sentence
Each of the Group Companies, the Founders and the Founder Vehicles (collectively, the “Covenantors”) shall take all steps required to give effect to the first sentence of this Section 2.4.
The obligations of each Party under this Agreement are several (and not joint or joint and several) and, except as set forth in Section 3.01(a), each Party’s obligation for fees and costs pursuant to Article III is capped at such Party’s Respective Proportion; provided that the obligations of the Founder Parties under this Agreement shall be joint and several as among the Founder and the Founder Vehicles.
The Company, the Domestic Company, the Founders, the Founder Vehicles and the Series A Investors and Series B Investors are parties to the existing Shareholders’ Agreement of the Company dated June 12, 2014 (“Prior Shareholders’ Agreement”), which shall be superseded and replaced in its entirety by this Agreement upon the Closing.
Results from toxicity tests are interpreted to provide estimated Minimum Lethal Concentrations (MLC) and LC25s (lethal concentrations producing 25% mortality) of nontarget test organisms.
The Company shall, as soon as reasonably practicable and in any event within five (5) years from the Closing, seek, and the Founders and Founder Vehicles shall use commercially reasonable effort to cause, a Qualified IPO.
Immediately upon the IPO, the Board composition shall comply with the requirements of the applicable stock exchange, provided that the Founder Vehicles (acting as one Party) and Tencent (or their respective Affiliates) shall each be entitled to appoint at least one (1) director to the Board, and the management of the Company shall have an additional representative to serve on the Board.
The Company, the HK Company, the Founder Vehicles, the Founders and the Angel Investors agree to use their reasonable best efforts to ensure that the rights granted under this Agreement to the Shareholers are effective and that the Shareholders enjoy the benefits thereof.
Xxxxxxx Xxxxxxxx GI Xxxxxxx Xxxxxxx Xanomed Xxxxxx Xxxx Listrax Hella Xxxxxxx Xxxxxxxxx The Parties now intend to issue new Common Shares to the Founder Vehicles in order to settle the Founder Vehicles’ claims under the Exit Bonus Agreements.
None of the Founders, the Founder Vehicles, the Angel Investors, the Series A Investors or the Group Companies may assign its rights or delegate its obligations under this Agreement without the written consent of the Investors except in connection with a transfer in compliance with Section 5 of this Agreement.
The Company, the Founders and Founder Vehicles shall, and shall cause the other shareholders of the Company to, take all steps consistent with requirements of law and/or regulations set forth and amended from time to time by the regulatory bodies in the jurisdiction where the Qualified IPO is to take place to minimize lock-up of the Conversion Shares in the event of a Qualified IPO.