Shareholder Proposal definition

Shareholder Proposal has the meaning set forth in Section 4.11.

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Shareholder Proposal means the shareholder proposal to approve the Conversion of the Series A Preferred Stock into shares of Common Stock as required by the NASDAQ Listing Standards.

Shareholder Proposal means the shareholder proposal to be included in the Proxy Statement relating to (a) the approval of the transactions contemplated by this Agreement and (b) the approval of the transactions contemplated by the Rocky Creek Contribution Agreement, in each case, for purposes of complying with applicable Nasdaq listing rules and whether or not presented as a single proposal.

Examples of Shareholder Proposal in a sentence

As the holder of the Deposited Securities, the Depositary or its nominee is entitled, provided the conditions of ROC law are satisfied, to submit only one (1) Proposal each year in respect of all of the Shares held on deposit as of the applicable Shareholder Proposal Record Date.
All shares of Common Stock outstanding on the record date for a meeting at which a vote is taken with respect to the Shareholder Proposal shall be eligible to vote on such proposal.
The Investor shall vote or cause to be voted all shares of Common Stock, if any, beneficially owned by it and eligible to vote on the Shareholder Proposal in favor of such Shareholder Proposal.
The Board of Directors shall unanimously recommend to the Company’s shareholders that such shareholders approve the Shareholder Proposal.
The Company shall mail and distribute its proxy materials for the Special Meeting to its shareholders at least 30 days prior to the date of the Special Meeting and shall actively solicit proxies to vote for the Shareholder Proposal.

More Definitions of Shareholder Proposal

Shareholder Proposal. Section 7(a) "Transferee Directors" Section 9(g)

Shareholder Proposal means the shareholder proposal to be included in the Proxy Statement relating to (a) the approval of the transactions contemplated by this Agreement and (b) the approval of the transactions contemplated by the JSTX Contribution Agreement, in each case, for purposes of complying with applicable Nasdaq listing rules and whether or not presented in a single proposal.

Shareholder Proposal has the meaning set forth in Section 3.1(a)(iv)(B)(1).

Shareholder Proposal means the Corporation’s proposal to the Corporation’s shareholders to approve the issuance of shares of Common Stock upon exercise of the Warrants in accordance with the Exchange Agreement.

Shareholder Proposal means the proposal submitted to the Company’s shareholders to approve the issuance of all of the Securities issuable hereunder as may be required by the applicable rules and regulations of the NYSE American (or any successor entity).

Shareholder Proposal means the proposal to approve the issuance of Shares and Warrant Shares in excess of 1,772,576 shares in the aggregate. The Company agrees that it shall recommend that the Company's shareholders vote in favor of the Shareholder Proposal. Each of ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, Green Diamond, Introtech, Icarus, and each of the Purchasers agrees to vote in favor of such proposal at the shareholder meeting, or prior to the circulation of the Information Statement, in a Written Consent executed by such persons approving the Shareholder Proposal. Company agrees that it will not issue any shares prior to the time that shareholder approval of the Shareholder Proposal is obtained unless such purchasing shareholder agrees to vote in favor of the Shareholder Proposal; provided, however, that this limitation shall not apply to shares issued upon exercise of outstanding options or warrants or any shares to be issued or on exercise of options issued under the Company's 1997 Stock Option Plan or 1999 Employee Stock Purchase Plan or up to an additional 250,000 shares regardless of to whom issued. If Company circulates an Information Statement as described above, then Crestview shall be obligated to reimburse Company for one-half of the actual, documented, out of pocket costs of preparing, filing and circulating the Information Statement (including but not limited to SEC filing fees and reasonable legal fees). This issuance of Units shall close as soon as possible (the "Closing Date"), but not later than December 31, 2001. In the event that there is a limit on the number of Shares that may be issued under Article IV or on exercise of a Warrant due to the fact that the Company's shareholders have not yet approved the Shareholder Proposal, such limit shall be applied to each Purchaser on a pro rata basis based on the number of Units purchased by such Purchaser. Company shall issue any of such Shares as soon as practicable following the approval of the Shareholder Proposal.

Shareholder Proposal is defined in Section 4.1(b).