Founding Shareholders definition

Founding Shareholders means DIC and any of its transferees, including transferees which are Israeli Shareholders, provided that each such transferee: (i) is approved by the Minister of Communications in writing to be a substitute for a Founding Shareholder for the purpose of the Cellular License (which substitution shall be effective as of the date determined by the Minister of Communications), (ii) undertakes to the Company to hold its respective minimum number of Ordinary Shares pursuant to such approval, and (iii) enters into one or more agreements with the other Founding Shareholders for the purpose of ensuring the compliance by the Company with section 22A of the Cellular License.

Founding Shareholders means those Persons identified with an --------------------- asterisk on the Schedule of Existing Shareholders attached to the Shareholders --------------------------------- Agreement and their Permitted Transferees (as defined in the Shareholders Agreement).

Founding Shareholders. Agreement" means the agreement among Ian Engelberg, Garth Gullekson, James McGee, Branislav Selic and ObjecTime Limited dated the 1st day of January, 1995 to regulate the rights and obligations of the parties thereto;

Examples of Founding Shareholders in a sentence

• The Founding Shareholders agree that any bonuses, dividends or any other income or benefits (regardless of its specific form) obtained from Party B as the shareholders of Party B shall be immediately paid or transferred to Party A without any conditions when realized.

• Special Voting Agreement The agreement entered into on or about the date of incorporation of the Voting Depository between the Company, the Voting Depository, the Founding Shareholders as referred to under a.

• Each of the Founders and Founding Shareholders agrees that, in order to ensure compliance with the restrictions referred to herein, the Company may issue appropriate “stop transfer” instructions to its transfer agent, if any, and that, if the Company registers transfers of its own securities, it may make appropriate notations to the same effect in its register of members and other records.

• Minimum Founding Shareholders Holding The minimum shareholding in the Company required to be held by Founding Shareholders pursuant to Section 22A.1 of the License.

• The Company shall not directly or indirectly take any action that is intended to, or would reasonably be expected to result in, the Founding Shareholders being deprived of the rights contemplated by this Agreement.

More Definitions of Founding Shareholders

Founding Shareholders means Xxxxx X. Xxxxx, Xx. and Xxxxx X. Xxxxx.

Founding Shareholders shall have the meaning given to such term in the Shareholders' Agreement.

Founding Shareholders means (i) Xxxxx Xxxxxx, Xxxxx Xxxxxxx and their respective Permitted Transferees and (ii) AGP Partners LLC so long as it is controlled by Persons described in the foregoing clause (i).

Founding Shareholders means the founding Canadian shareholders of Backbone Hosting Solutions Inc.;

Founding Shareholders means the Founder, Xxxxxx Xxx (赖建法), Xxxxx Xxxx (王吉雷) and any transferee of a Permitted Founding Shareholder Transfer by any of the foregoing Persons.

Founding Shareholders means each or any of:

Founding Shareholders has the meaning ascribed thereto in the preamble hereto.