Stockholder Proposal definition

Stockholder Proposal has the meaning set forth in Section 4.11.

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Stockholder Proposal shall have the meaning accorded to such term in the Share Purchase Agreement;

Stockholder Proposal means a proposal that the holders of Class A Common Stock approve the issuance of the shares of Class A Common Stock issuable upon conversion of the shares of Series A Preferred Stock pursuant to the Certificate of Designations.

Examples of Stockholder Proposal in a sentence

• The Board of Directors shall recommend to the Company’s stockholders that such stockholders approve the Stockholder Proposal, and shall not modify or withdraw such resolution.

• In the event that the approval of the Stockholder Proposal is not obtained at such annual stockholders meeting, the Company shall include a proposal to approve such proposal at a meeting of its stockholders no less than once in each subsequent twelve-month period beginning on June 1, 2009 until such approval is obtained or made.

• To the Company’s knowledge, all shares of Common Stock outstanding on the record date for a meeting at which a vote is taken with respect to the Stockholder Proposal shall be eligible to vote on such proposal.

• If the deficiency is not cured within such period, or if the Board of Directors, such committee or such officer determines that the additional information provided by the Proponent, together with the information previously provided, does not satisfy the requirements of this Section 2.9 or is otherwise not in accordance with applicable law, then such Stockholder Proposal shall not be presented for action at the stockholders’ meeting in question.

• The Company agrees to use its best efforts to obtain stockholder approval of the Stockholder Proposal.

More Definitions of Stockholder Proposal

Stockholder Proposal means a proposal that the holders of Common Stock approve the issuance of the shares of Common Stock issuable upon conversion of the Bridge Preferred Shares pursuant to paragraph 5(b) below.

Stockholder Proposal means a proposal that the holders of Class A Common Stock approve the issuance of the shares of Class A Common Stock issuable upon conversion of the shares of Series A Preferred Stock pursuant to Section 7.

Stockholder Proposal means any stockholder proposal with respect to the Company.

Stockholder Proposal shall have the meaning assigned to that term in Section 8.21.

Stockholder Proposal has the meaning set forth in Section 6.1 of the Agreement.

Stockholder Proposal means any matter or action proposed by a Stockholder for adoption or other action at a meeting. A Stockholder Proposal shall not include matters (a) specified in the notice of annual meeting (or any supplement thereto) given by or at the direction of the Board of Directors or (b) otherwise brought before the annual meeting by or at the direction of the Board of Directors. A “Stockholder Proposal” shall also not include a proposed matter or action that is within the scope of a Stockholder Proposal that is properly before the annual meeting, within the scope of the subject matter specified in (a) of this paragraph, or within the scope of the subject matter specified in (b) of this paragraph.

Stockholder Proposal means a proposal that the stockholders of the -------------------- Corporation approve the issuance of the Permanent Preferred Shares issuable upon conversion of the Bridge Preferred Shares and the issuance of the shares of Common Stock issuable upon conversion of the Permanent Preferred Shares.