Key Founders definition
Examples of Key Founders in a sentence
The Company, the Series C Shareholder, other Preferred Shareholders, the Key Founders and the Best Million Group Limited, entered into a Fifth Amended and Restated Members Agreement on December 18, 2014 (the “Original Agreement”).
Each of the Key Founders, the Other Shareholders and the Existing Preferred Shareholders agrees that for a period of six (6) months from the date of the issuance of the Series C Shares (the “Moratorium Period”), he/it shall not, without the prior written consent of the Series C Shareholder, Transfer any of their respective Equity Securities.
The Company, the Series C Shareholder, other Preferred Shareholders, the Key Founders and Best Million Group Limited, entered into the Fifth Amended and Restated Right of First Refusal and Co-sale Agreement on December 18, 2014 (the “Original Agreement”).
Without limiting the Company’s obligations as set forth in this Section 2.7, for the avoidance of doubt, the Company and the Key Founders are not responsible for any tax filings of the Preferred Shareholders or for any associated or related costs incurred in connection with such tax filings.
BY ACCEPTING ANY INTEREST IN SUCH SHARES THE PERSON ACCEPTING SUCH INTEREST SHALL BE DEEMED TO AGREE TO AND SHALL BECOME BOUND BY ALL THE PROVISIONS OF SAID VOTING AGREEMENT AS APPLICABLE.” Each of the Preferred Shareholders, Holders, Key Founders and Other Shareholders consents to the Company making a notation on its records and giving instructions to any transfer agent of the Restricted Securities in order to implement the restrictions on transfer established in this Section 3.
Each of Lucent, the Company, the Supplemental Escrow Agent and the Key Founders shall have entered into the Supplemental Escrow Agreement substantially in the form of Exhibit D hereto (the "Supplemental Escrow Agreement").
Key Founders and restraint of trade The provisions of this clause 2 apply only to the Founders.
As soon as practicable after the Effective Time, Lucent shall cause to be issued to the Supplemental Escrow Agent certificates representing approximately 10% of the shares of Lucent Common Stock to be issued in exchange for the Company Capital Stock of the Key Founders, which shall be registered in the name of the Supplemental Escrow Agent as nominee.