Public Status definition

Public Status means the Company becomes a public company with its shares listed on a major exchange. Any such bonus will be subject to customary tax withholdings.
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Examples of Public Status in a sentence

  • In further consideration of the Services to be rendered under this Agreement upon the Company achieving Public Status, Executive shall be eligible to receive an annual bonus in the discretion of the Board (“Annual Bonus”).

  • Additionally, you consent to our right to collect, copy, use, store, modify, create derivative works of, publicly perform or display, or distribute any information showcased on a Public Status Page.

  • Public Status Eagle shall remain a public company and shall file reports under the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder.

  • A person shall be the "beneficial owner" of any shares of any class or series of capital stock of the Corporation of which such person would be the beneficial owner pursuant to the terms of Rule 13d-3 of the Exchange Act as in effect on the Public Status Date; stock shall be deemed "Beneficially Owned" by the beneficial owner or owners thereof.

  • Upon the Company achieving Public Status, Executive shall be entitled to an office in New York, New York, as well as an executive assistant working from such office, both paid for by the Company.

  • You should not expect any privacy or confidentiality regarding the information presented on the Public Status Page.

  • The accrued portion of the Base Salary shall be paid equally over six (6) months following the Public Status, subject to the applicable withholdings.

  • In consideration of the Services to be rendered under this Agreement, the Company shall pay Executive a gross salary at the rate of Five Hundred Thousand Dollars ($500,000) per year, less all applicable withholdings, which shall accrue as of the Effective Date and be payable commencing upon the Company’ achieving Public Status (“Base Salary”).