Primary Shareholder definition
Examples of Primary Shareholder in a sentence
This Agreement constitutes its legal, valid and binding obligation, enforceable against each Primary Shareholder in accordance with its terms.
Rights of Holder Option Holder will receive (as to shares acquired through exercise of options) tag-along rights related to any sale of shares by the Company's Primary Shareholder.
The Primary Shareholder acknowledges that he will be subject to the Buyer’s i▇▇▇▇▇▇ ▇▇▇▇▇▇▇ policy.
Rights of Primary Shareholder Option Holder shall give drag-along rights to the Primary Shareholder as to shares acquired through exercise of options.
Neither the execution nor the performance of this Agreement by each Primary Shareholder, contravene any law, rule, regulation, license or authorization applicable to or binding upon each Primary Shareholder, nor any judicial or administrative order binding upon each Primary Shareholder, nor any agreement, of any nature, binding on or affecting each Primary Shareholder.
Each Primary Shareholder is an individual of Mexican nationality, resident of Mexico and has the power and authority to execute and deliver this Agreement and to perform his obligations hereunder.
The Primary Shareholder agrees to make available to the Company the services of not more than three engineering personnel of the Primary Shareholder, who shall be reasonably acceptable to the Buyer, for the period from the Closing through February 28, 2007, to provide services and support, substantially similar in scope, quality and nature as they provided to the Company prior to the date hereof.
There is no Proceeding pending, and no Person has threatened to commence any Proceeding, that may have an adverse effect on the ability of Primary Shareholder to comply with or perform any of his covenants or obligations under any of the Other Agreements.
Each of Buyer, Seller and the Primary Shareholder submits to the jurisdiction of the courts of the State of California (or any other federal or state court in the State of California if it is determined that the Court of Chancery does not have jurisdiction over such action) in any action or proceeding arising out of or relating to this Agreement.
If the terms of the MOU are not amended in a manner acceptable to the Buyer in its discretion, then (a) the Buyer shall be responsible for all payment and other obligations of the Company under the MOU through the first anniversary of the Notice Date (as defined below) and (b) the Primary Shareholder shall be responsible for, and shall indemnify the Company and the Buyer for all payment and other obligations of the Company under the MOU remaining after such first anniversary.