Shareholders Right Clause Samples

The Shareholders Right clause defines the specific rights and privileges granted to shareholders within a company. These rights typically include voting on major corporate decisions, receiving dividends, and accessing certain company information. For example, shareholders may have the right to attend annual meetings, propose resolutions, or inspect financial records. The core function of this clause is to ensure transparency and protect the interests of shareholders by clearly outlining their entitlements and participation in corporate governance.
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Shareholders Right. 3.1 Party B shall have the rights related to earnings-related rights that due to the entrusted shares under the entrusted shares, such as the share earnings, profit sharing and supervision right. Party C and Party D shall, within 3 days from the date of receipt, deliver to Party B the dividends and other payments under the entrusted shares received by Party C and Party D on behalf of Party B. Otherwise, Party C and Party D shall pay Party B liquidated damages 1,000 yuan for each day overdue (calculated cumulatively daily). 3.2 Party B shall have the right to dispose the entrusted shares according to its own intention, including transfer, pledge, etc. And Party C and Party D shall cooperate with Party B to complete the corresponding disposal of the entrusted shares in according to Party B’s intention. 3.3 Party C and Party D may exercise the shareholder’s rights to participate in the decision-making and management stipulated in the Company Law according to the entrustment of Party B, including participating in shareholder’s meetings, exercising voting rights and shareholders’ rights to know, participating in shareholders’ litigation, etc.
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Shareholders Right. If, the Purchase Date Net Operating Income of EBRx, is greater than $3,500,000: (a) Each Shareholder shall have the right during the period beginning after the end of the fifteenth full month and ending at the end of the eighteenth full month after the Effective Time to require the Parent (or at the Parent’s election, the Company or EBRx so long as the Company or EBRx, as the case may be, has adequate funds available to complete the purchase) to purchase 100% of the Owner Shares (not purchased pursuant to Section 9.1) for cash by giving a notice of purchase (a “Repurchase Notice”) to the Parent. (b) The Per Share Repurchase Price for such Owner Shares to be purchased by the Parent (or the Company or EBRx) from the Shareholders pursuant to this Section 10.1 shall be 120% of that amount which would be calculated pursuant to Section 9.1(b) based on the Purchase Date Net Operating Income. (c) The Parent agrees that prior to the expiration of the Shareholders Right (or compliance with Section 10.2), the Parent, directly or indirectly, will retain ownership of at least 51% of the Company and the Company will retain, directly or indirectly, 100% ownership of EBRx; and the Parent will not enter into any financing agreement or other contracts that prevents or restricts the fulfillment of the Parent’s obligations under this Agreement.
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Shareholders Right. A Stock Option Holder shall have no dividend rights, voting rights or other rights as a shareholder with respect to any Shares covered by his or her Stock Option prior to the time when such Shares are issued. No adjustment shall be made for cash dividends or other rights for which the record date is prior to such time.
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Shareholders Right. Each Shareholder may elect, by delivering to ------------------ ▇▇▇▇▇▇ a written notice (a "Tag Along Notice") of its election within fifteen (15) days after receipt of the Transfer Notice (the "Tag Along Period"), to participate in ▇▇▇▇▇▇'▇ Transfer of Common Stock on the same terms and conditions specified in the Transfer Notice. The Tag Along Notice shall specify the maximum number of Common Stock shares that the Shareholder (a "Tag Along Shareholder") elects to Transfer which number shall not exceed the product (rounded down to the nearest whole number) of (i) the percentage of ▇▇▇▇▇▇'▇ Pro Rata Share that ▇▇▇▇▇▇ proposes to Transfer and (ii) the number of shares of Common Stock owned by the Shareholder. ▇▇▇▇▇▇ shall use its best efforts to interest the third party in purchasing all the Common Stock shares specified by Tag Along Shareholders in Tag Along Notices, in addition to the Common Stock that the third party may already have agreed to purchase from ▇▇▇▇▇▇. If the third party refuses to purchase all of such additional available Common Stock shares, then ▇▇▇▇▇▇ may sell Common Stock to such third party only if ▇▇▇▇▇▇ and each Tag Along Shareholder shall be entitled to sell to such third party an amount of Common Stock equal to the product (rounded down to the nearest whole number) obtained by multiplying (x) the aggregate number of Common Stock shares such third party is willing to acquire by (y) a fraction, the numerator of which is the number of Common Stock shares proposed to be Transferred by the selling party in the applicable Tag Along Notice or Transfer Notice, as the case may be, and the denominator of which is the aggregate number of Common Stock shares proposed to be Transferred in such notices by ▇▇▇▇▇▇ and the Tag Along Shareholders.
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Shareholders Right. From the New Shares Registration Date, the Subscriber shall be entitled to all rights, interests and incomes in the New Shares, including without limitation sharing the undistributed profits accumulated prior to this Issuance with other shareholders of the Company in proportion to the percentage of the shares held by the Subscriber in the Company.
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Shareholders Right the nearest whole number) of (x) the total number of shares to be acquired by the Third Party as set forth in the Tag-Along Notice, multiplied by (y) a fraction, (1) the numerator of which shall be the number of shares of Common Stock owned by such Tag-Along Shareholder as of the date of the Tag-Along Notice and (2) the denominator of which shall be the aggregate number of outstanding shares of Common Stock owned on such date by all Shareholders; provided that any share amounts so determined shall be rounded to avoid fractional shares.
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Shareholders Right. If within the forty-five (45) day period the Company does not elect to buy the Shares of the Selling Shareholder, then the remaining Shareholders shall collectively have fifteen (15) days to offer to purchase the Shares not purchased by the Company on a pro rata basis between or among the remaining Shareholders so offering. If the remaining Shareholders, or any of them, agree to buy the Shares of the Selling Shareholder they may collectively elect to purchase the Shares at the price and upon the terms offered by the third party, in which case the sale shall be consummated within fifteen (15) days after the expiration of the 15-day offer period.
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Shareholders Right 
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Related to Shareholders Right

  • Shareholder's Rights The Optionee shall have shareholder rights with respect to the Option shares only when Optionee has exercised this Option to purchase those shares and provided the Company with the letter of instruction specified in Section 4 of this Option.

  • Shareholders Rights Plan No claim will be made or enforced by the Company or, to the knowledge of the Company, any other Person that any Purchaser is an "Acquiring Person" under any shareholders rights plan or similar plan or arrangement in effect or hereafter adopted by the Company, or that any Purchaser could be deemed to trigger the provisions of any such plan or arrangement, by virtue of receiving Securities under the Transaction Documents or under any other agreement between the Company and the Purchasers. The Company shall conduct its business in a manner so that it will not become subject to the Investment Company Act.

  • Disposition of Warrantholder's Rights In no event will the Warrantholder make a disposition of any of its rights to acquire Preferred Stock or Preferred Stock issuable upon exercise of such rights unless and until (i) it shall have notified the Company of the proposed disposition, and (ii) if requested by the Company, it shall have furnished the Company with an opinion of counsel (which counsel may either be inside or outside counsel to the Warrantholder) satisfactory to the Company and its counsel to the effect that (A) appropriate action necessary for compliance with the 1933 Act has been taken, or (B) an exemption from the registration requirements of the 1933 Act is available. Notwithstanding the foregoing, the restrictions imposed upon the transferability of any of its rights to acquire Preferred Stock or Preferred Stock issuable on the exercise of such rights do not apply to transfers from the beneficial owner of any of the aforementioned securities to its nominee or from such nominee to its beneficial owner, and shall terminate as to any particular share of Preferred Stock when (1) such security shall have been effectively registered under the 1933 Act and sold by the holder thereof in accordance with such registration or (2) such security shall have been sold without registration in compliance with Rule 144 under the 1933 Act, or (3) a letter shall have been issued to the Warrantholder at its request by the staff of the Securities and Exchange Commission or a ruling shall have been issued to the Warrantholder at its request by such Commission stating that no action shall be recommended by such staff or taken by such Commission, as the case may be, if such security is transferred without registration under the 1933 Act in accordance with the conditions set forth in such letter or ruling and such letter or ruling specifies that no subsequent restrictions on transfer are required. Whenever the restrictions imposed hereunder shall terminate, as hereinabove provided, the Warrantholder or holder of a share of Preferred Stock then outstanding as to which such restrictions have terminated shall be entitled to receive from the Company, without expense to such holder, one or more new certificates for the Warrant or for such shares of Preferred Stock not bearing any restrictive legend.

  • Holder’s Right to Transfer If all of the Shares proposed in the Notice to be transferred to a given Proposed Transferee are not purchased by the Company and/or its assignee(s) as provided in this Section, then the Holder may sell or otherwise transfer such Shares to that Proposed Transferee at the Offered Price or at a higher price, provided that such sale or other transfer is consummated within 120 days after the date of the Notice, that any such sale or other transfer is effected in accordance with any applicable securities laws and that the Proposed Transferee agrees in writing that the provisions of this Section shall continue to apply to the Shares in the hands of such Proposed Transferee. If the Shares described in the Notice are not transferred to the Proposed Transferee within such period, a new Notice shall be given to the Company, and the Company and/or its assignees shall again be offered the Right of First Refusal before any Shares held by the Holder may be sold or otherwise transferred.

  • Shareholder Rights With respect to the foreign securities held pursuant to this Section 4, the Custodian will use reasonable commercial efforts to facilitate the exercise of voting and other shareholder rights, subject always to the laws, regulations and practical constraints that may exist in the country where such securities are issued. The Fund acknowledges that local conditions, including lack of regulation, onerous procedural obligations, lack of notice and other factors may have the effect of severely limiting the ability of the Fund to exercise shareholder rights.