Total Outstanding Common Stock definition
Examples of Total Outstanding Common Stock in a sentence
Any Person who receives by Transfer Shares in an amount equal to at least two percent (2%) of the Total Outstanding Common Stock shall be considered a "Shareholder" for purposes of this Section 4 (and only this Section 4) and shall be entitled to the same rights and subject to the same obligations as the other Shareholders pursuant to this Section 4.
As long as the Shareholders collectively own at least 5% but less than 15% of the Total Outstanding Common Stock, Bolger shall have the right to nominate one candidate for election to e▇▇▇ ▇▇ the Board of Directors and the Board of Directors of Company Bank as a candidate recommended by the Board of Directors, unless a Seller Nominee is still serving as a Director on each board and will continue to serve after the relevant election.