Examples of Vendor Shareholders in a sentence
On August 17, 2018, Alibaba Health (China) entered into certain share purchase agreements with certain shareholders of Guizhou Ensure Chain Pharmacy Company Limited^ (貴州一樹連鎖藥業有限公司) (“Guizhou Ensure”) (the “Vendor Shareholders”), under which Alibaba Health (China) conditionally agreed to purchase, and the Vendor Shareholders conditionally agreed to sell, an aggregate of 14.54% of the equity interests in Guizhou Ensure with a consideration of RMB421,758,850.
The disposal restrictions contained in the Shareholders Agreement are intended to provide incentives to P Gordon, A Grech, K Fowlie and the other Vendor Shareholders, who are keyPAGE 37SLATER & GORDON LIMITEDABN 93 097 297 400 people to the business of the Company, to remain employed by the Company in the short and longer term and to retain a significant ownership interest in the Company.
As the Shareholders Agreement is enforceable by each of the Vendor Shareholders, they each have a relevant interest in each other’s share, which, in aggregate, comprise 59.7% of all of the shares on issue at 30 June 2008.
The extent to which this may occur will depend upon the costs of the IP required and the willingness of consumers to pay premia for products derived from non- GM crops.
These provisions could prevent the Enlarged Group from taking certain actions which it would otherwise take and this could in turn have a detrimental impact on the Enlarged Group as whole (notwithstanding that such prevention may be for the benefit of the Vendor Shareholders of the individual Target Company concerned).