Initial Founder definition

Initial Founder has the meaning set forth in the second recital of this Agreement.
Initial Founder means each of the following: Xxxxxxx Xxxxxx, Xxxxxx X. Xxxxxxx, Xxxxxxx X. Xxxxxxxxx, Xxxx X. Xxxxxxxx, Xxxxxx Xxxxxx, Xxxxxxxxx X. Xxxxxxxx, Xxxxxxx X. Xxxxxx and Xxxx X. Xxxx.

Examples of Initial Founder in a sentence

  • The AD docket contains this proposed AD, the economic evaluation, the Special Airworthiness Information Bulletin (SAIB), any comments received, and other information.

  • Each agreement governing a Combination and the Initial Founder Merger Agreement is incorporated into the Plan on the execution of such agreement.

  • Initial Workforce Quality is the average skill index of the workers hired at entry by firm j, and Initial Founder Quality is the average skill index of the founder(s) at entry.8 The interpretation of this skill measure is intuitive and is based on the average education level of workers and entrepreneurs, and then adjusted to take individuals’ experience levels and (unobserved) permanent skills that determine earnings premia into account.

  • Xxxxxxx Xx., in his capacity as Trustee, is hereinafter referred to as a "Initial Founder Trust Trustee" and collectively they are referred to in such capacity as the "Initial Founder Trust Trustees").

  • CMU may, at its election, obtain from each Initial Founder a signed release for the benefit of Apollo and CL of substantially the same scope as the release set forth in Section 6.2, and send a copy of each such release to Apollo.

  • Each of the Founders (other than the Initial Founder) hereby irrevocably assigns to the Initial Founder, all Over-Allotment Adjustment Units which it has the right to receive pursuant to such dividend.

  • However, only the Initial Founder may elect Concurrent and Successor Advisors.

  • Xxxxxxx Email: xxxxxxxx@xxxxxxxxxxx.xxx Schedule Number of Subscribed Securities Initial Purchase Price Initial Subscriber Founder Shares [_] $ [_] Private Placement Warrants [_] $ [_] Date of Closing: At each of the IPO Closing, an Over-allotment Closing and the Business Combination Closing, this schedule will be updated to reflect the number of Initial Founder Shares and Private Placement Warrants to be purchased at such closing.

  • Xxxxxxx Email: xxxxxxxx@xxxxxxxxxxx.xxx Schedule Number of Subscribed Securities Initial Purchase Price Initial Subscriber Founder Shares [ ] $ [ ] Private Placement Warrants [ ] $ [ ] Date of Closing: At each of the IPO Closing, an Over-allotment Closing and the Business Combination Closing, this schedule will be updated to reflect the number of Initial Founder Shares and Private Placement Warrants to be purchased at such closing.

  • The Initial Founder Shares (other than the Forfeited Founder Shares) and the Investor Founder Shares are collectively referred to herein as the “Founder Shares.” The Founder Shares are substantially similar to the Public Shares except as described in the Prospectus.

Related to Initial Founder

  • Founder means, in respect of an issuer, a person who,

  • Founders means all Members immediately prior to the consummation of the IPO.

  • Initial Shareholder means any beneficial owner of the Company’s unregistered securities.

  • Founder Shares Lock-up Period means, with respect to the Founder Shares, the period ending on the earlier of (A) one year after the completion of the Company’s initial Business Combination and (B) subsequent to the Business Combination, (x) if the closing price of the Common Stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Company’s initial Business Combination or (y) the date on which the Company completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in all of the Company’s stockholders having the right to exchange their shares of Common Stock for cash, securities or other property.

  • Initial Shareholders means the Sponsor, the Directors and officers of the Company or their respective affiliates who hold shares prior to the IPO;

  • Founder Shares Purchase Agreement shall have the meaning given in the Recitals hereto.

  • Major Holder means with respect to any registration statement the Holder that, together with its Affiliates, includes the largest number of Registrable Securities covered by that registration statement.

  • Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

  • Initial Share Price for a Share means the Closing Price on the Exchange (or where such Exchange does not announce or publish a Closing Price, the last traded price, or, if necessary, the mid-market price) for that Share on the Initial Valuation Date, subject to adjustments that may be made pursuant to “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances”.

  • VWAP Purchase Share Estimate means the number of shares of Common Stock that the Company has in its sole discretion irrevocably instructed its Transfer Agent to issue to the Buyer via the Depository Trust Company (“DTC”) Fast Automated Securities Transfer Program in connection with a VWAP Purchase Notice pursuant to Section 1(c) hereof and issued to the Buyer’s or its designee’s balance account with DTC through its Deposit Withdrawal At Custodian (DWAC) system on the VWAP Purchase Date (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Existing Shareholder means any Person that is a holder of Ordinary Shares as of December 8, 2017.

  • Initial Filing Date means the date on which the Initial Registration Statement is filed with the SEC.

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

  • Reverse Stock Split Date means the date on which the Reverse Stock Split is consummated and deemed effective.

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

  • Initial Holders has the meaning set forth in the preamble.

  • Lockup Period has the meaning set forth in Section 2.4(d)(i).

  • License holder means an individual, corporation, partnership, governmental unit, association or any other entity to whom a license was issued under Iowa Code chapter 137C, 137D or 137F.

  • Initial Holder has the meaning set forth in the preamble.

  • IPO means the Company’s first underwritten public offering of its Common Stock under the Securities Act.

  • Policy Holder means the person who is a legal holder of this Policy and is named as the “Policy Holder” in the Policy Schedule.

  • Major Shareholder means a shareholder who directly or indirectly holds 10% or more of the voting rights.

  • Founder Lock-up Period means, with respect to the Founder Shares, the period ending on the earlier to occur of (A) one year after the completion of the Company’s initial Business Combination or earlier if, subsequent to the Company’s initial Business Combination, the last sales price of the Common Stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Company’s initial Business Combination or (B) the consummation by the Company of any subsequent liquidation, merger, stock exchange or other similar transaction, which results in all of the Company’s stockholders having the right to exchange their shares of the Common Stock for cash, securities or other property.

  • Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.

  • Major Stockholder means any such Person.

  • Shareholder Group means (i) Shareholder and (ii) any Affiliate or Shareholder Family Entity (as defined in the Shareholder's Agreement) of Shareholder (other than the Company).