PARTNERS AND SHAREHOLDERS Sample Clauses

PARTNERS AND SHAREHOLDERS. (a) Shareholders and partners in excess of four (4) and managers working in an operation covered by this Agreement shall join the Union and be governed by the terms and conditions as defined in this Agreement.
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PARTNERS AND SHAREHOLDERS. (a) An owner, shareholder or partner is a person who has purchased at least ten (10) percent of the total business and continues to be a voting member of the owner group.
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PARTNERS AND SHAREHOLDERS. Notwithstanding anything to the contrary herein, any Shareholder that is a partnership or corporation may transfer rights granted to such Shareholder under Section 1 to any partner or shareholder thereof to whom Registrable Shares are transferred pursuant to Section 1.2 and who delivers to the Company an opinion of counsel as to the transfer of such securities under applicable state and federal securities laws (as described in Section 1.2(a)) and a written instrument in accordance with Section 1.2(b). In the event of such transfer, such partner or shareholder shall be deemed a Shareholder for purposes of this Section 3 and may again transfer such rights to any other person or entity that acquires Registrable Shares from such partner or shareholder, in accordance with, and subject to, the provisions of Sections 3.1, 3.2, or 3.3.
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PARTNERS AND SHAREHOLDERS. (a) An owner, shareholder or partner is a person who has purchased at least ten percent of the total business and continues to be a voting member of the owner group. A maximum of four owners, shareholders or partners may work within the bargaining unit but shall not be subject to the terms and conditions of the Collective Agreement. Owners, shareholders or partners in excess of four who wish to work within the bargaining unit must join the union and be subject to all terms and conditions of the Collective Agreement.
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PARTNERS AND SHAREHOLDERS. The managers, shareholders or lease operators up to two under the Agreement shall be named and their names given to the Union in writing, and they shall have the right to do any work pertaining to the operation of the motel. The present interpretation of the Collective Agreement permitting managers, shareholders or lease operators to perform odd jobs as handyman shall remain in force. Between the hours of 11:00 p.m. and 7:00 a.m., the office shall be closed and managers, shareholders, or lease operators shall have the right to do any office and/or desk work which from time to time may occur during these hours. Members of UNITE HERE, Local 40 will do all housekeeping. The company shall have the right to bankroll rooms, and the company agrees as occupancy demands to attempt to provide a full week’s work for the most senior person in order of seniority.
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PARTNERS AND SHAREHOLDERS. 15.01 Shareholders and partners in excess of two (2) and managers working in an operation covered by this Agreement shall join the Union and be governed by the terms and conditions as defined in this Agreement.
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PARTNERS AND SHAREHOLDERS. 17 14.01 Union Membership 17 14.02 No Displacement of Members 17 14.03 Supervisors/Administrators 17 ARTICLE 15GRIEVANCE PROCEDURE 17 15.01 Definition and Recognition of a Grievance 17 15.02 Steps of the Grievance Procedure 17 15.03 Board of Arbitration 18 15.04 Hearing and Decision 18 15.05 Findings of the Board 18 15.06 Power of the Board 18 15.07 Forfeiture of Right to Grieve 19 ARTICLE 16HEALTH CARE BENEFITS 19 16.01 Health Care Benefits 19 16.02 Employer’s Contribution 19 16.03 Employer Statement 19 16.04 Failure to Remit 20 ARTICLE 17ABSENTEEISM 20 18.01 Control of Absenteeism 20 DEFINITIONS 21 LETTER OF UNDERSTANDING #1 22 LETTER OF UNDERSTANDING #2 23 APPENDIX “A” 24 Wage Scale & Job Classifications 24 EFFECTIVE the 1st day of September, 2002. IT IS MUTUALLY AGREED:
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PARTNERS AND SHAREHOLDERS 
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Related to PARTNERS AND SHAREHOLDERS

  • SELLING SHAREHOLDERS The common stock being offered by the selling shareholders are those issuable to the selling shareholders upon conversion of the Debentures. For additional information regarding the issuances of those shares of common stock and warrants, see “Private Placement of Debentures” above. We are registering the shares of common stock in order to permit the selling shareholders to offer the shares for resale from time to time. The table below lists the selling shareholders and other information regarding the beneficial ownership of the shares of common stock by each of the selling shareholders. The second column lists the number of shares of common stock beneficially owned by each selling shareholder, based on its ownership of the shares of common stock and warrants, as of ________, 2022, assuming exercise of the warrants held by the selling shareholders on that date, without regard to any limitations on exercises. The third column lists the shares of common stock being offered by this prospectus by the selling shareholders. In accordance with the terms of a registration rights agreement with the selling shareholders, this prospectus generally covers the resale of the maximum number of shares of common stock issuable upon conversion of the Debentures, determined as if the outstanding Debentures were exercised in full as of the trading day immediately preceding the date this registration statement was initially filed with the SEC, each as of the trading day immediately preceding the applicable date of determination and all subject to adjustment as provided in the registration right agreement, without regard to any limitations on the exercise of the warrants. The fourth column assumes the sale of all of the shares offered by the selling shareholders pursuant to this prospectus. The selling shareholders may sell all, some or none of their shares in this offering. See “Plan of Distribution.” Name of Selling Shareholder Number of shares of Common Stock Owned Prior to Offering Maximum Number of shares of Common Stock to be Sold Pursuant to this Prospectus Number of shares of Common Stock Owned After Offering Annex C PROGRESSIVE CARE, INC. Selling Stockholder Notice and Questionnaire The undersigned beneficial owner of common stock (the “Registrable Securities”) of Progressive Care, Inc., a Delaware corporation (the “Company”), understands that the Company has filed or intends to file with the Securities and Exchange Commission (the “Commission”) a registration statement (the “Registration Statement”) for the registration and resale under Rule 415 of the Securities Act of 1933, as amended (the “Securities Act”), of the Registrable Securities, in accordance with the terms of the Registration Rights Agreement (the “Registration Rights Agreement”) to which this document is annexed. A copy of the Registration Rights Agreement is available from the Company upon request at the address set forth below. All capitalized terms not otherwise defined herein shall have the meanings ascribed thereto in the Registration Rights Agreement. Certain legal consequences arise from being named as a selling stockholder in the Registration Statement and the related prospectus. Accordingly, holders and beneficial owners of Registrable Securities are advised to consult their own securities law counsel regarding the consequences of being named or not being named as a selling stockholder in the Registration Statement and the related prospectus.

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