Main Founders definition
Examples of Main Founders in a sentence
The redemption price for any redemption shall be equal to (i) EUR 100 per C-Share, (ii) EUR 45 per D-Share owned by any of the Main Founders, (iii) EUR 112 per D-Share owned by any of the Early Participants and (iiii) EUR 223 per D-Share owned by other than any of the Main Founders or Early Participants.
The aggregate consideration that can be paid to the holders of C-Shares or D-Shares as dividends or as redemption price is (i) EUR 100 per C-Share, (ii) EUR 45 per D-Share owned by any of the Main Founders, (iii) EUR 112 per D-Share owned by any of the Early Participants, and (iv) EUR 223 per D-Share owned by other than any of the Main Founders or Early Participants.
All of the Main Founders shall have executed and delivered to Acquiror a Non-Competition Agreement in substantially the form set forth as Exhibit C (the “Non-Competition Agreement”).