Sentences with phrase «shareholder of the company with»

Except as provided in Sections 3 or 11, Participant shall not have voting, dividend or any other rights as a shareholder of the Company with respect to the unexercised Option.
Upon exercise of a vested Option into Shares, Participant will obtain full voting and other rights as a shareholder of the Company with respect to such Shares.
Upon settlement of the Award into Shares, Participant will obtain full voting and other rights as a shareholder of the Company with respect to such Shares.
Except as provided in Sections 9 and 15, Participant shall not have voting, dividend or any other rights as a shareholder of the Company with respect to the unvested Shares.
Last week, Mr. Slim exercised warrants to become the largest shareholder of the company with a 17 % stake and told Reuters last July that his holdings in the company are a «financial investment.»

Not exact matches

According to data from Sentieo, nearly 75 % of publicly traded companies with some stake in the marijuana industry deemed Trump's election important enough to mention it as a risk factor to their shareholders.
The settlement with the Federal Trade Commission is the latest setback for Uber, which is facing a divided board of directors and angry shareholders after an investor lawsuit was filed against the company's ousted chief executive.
Almost three decades after launching the company as an indie film production house with little more than $ 300 and a lot of youthful enthusiasm, he and co-founder Seaton McLean and a few other early shareholders had all become rich beyond imagining on the strength of a handful of lucrative properties, including HGTV, the Food Network and the spectacularly successful CSI franchise.
He's still one of the biggest shareholders in the company, with a 5 % - plus stake that's worth about $ 300 million, according to SEC documents, mostly in a trust for his kids.
May 1 - Jacob Jacobson agreed to resign as Xerox Corp's chief executive as part of a settlement of a lawsuit brought by the company's shareholders that raised questions over Xerox's agreed deal with Japan's Fujifilm Holdings Corp, a New York court filing showed on Tuesday.
While shareholders will receive only the slightest of premiums on their 12 - cent share price, the big winners are bondholders, who will recoup a greater share of their loans and not be saddled with stock in an operationally troubled and undercapitalized company.
Shareholders remain patient for now, but with every quarter that passes without any glimmers of hope, that patience grows thin and the company's valuation keeps dropping.
Nedlands - based Advanced Share Registry has purchased 51 per cent of Perth start - up Private Company Platform, which is targeting unlisted companies with multiple shareholders, including those pursuing crowd - sourced funding.
Xerox — CEO Jeff Jacobson and most of the company's board will step down as part of a settlement with major Xerox shareholders Carl Icahn and Darwin Deason.
In 2017, after years of failure, shareholders at my former employer, Exxon Mobil, passed a resolution calling for the company to outline its plans for dealing with climate change.
Shareholders are starting to see the benefits of employee and customer satisfaction, and with the growing concern of environmental issues and social responsibilities, younger generations are backing companies who align with their interests.
By complying with this view, companies oblige themselves to protect the shareholders of the «community.»
The company also issued a statement indicating it would not renew a shareholder agreement with L'Oreal, in which is has a 23 percent stake, beyond March 21 of this year.
MONTREAL — Valeant Pharmaceuticals faces years of legal challenges despite cutting ties with a U.S. mail - order pharmacy at the centre of a controversy about how Canada's largest publicly traded drug firm conducts its business, say industry observers and the company's second - largest shareholder.
The equity component is typically restricted or deferred until the director retires from the board, thus postponing taxes and enabling the director to amass a portion of equity in the company to align his or her interests with shareholders (it is believed).
Generally, an entrepreneur can not own 50 percent or more of the business that his or her IRA is invested in, unless the company has a minority shareholder with complete veto power over all transactions — but in some cases, even that won't be allowed.
The cost of the boycotts to Pampered Chef's kitchen consultants was so great that Berkshire discontinued its shareholder charitable contribution program, with Buffett commenting that he wouldn't continue a program, even one with merit, that hurt the livelihoods of company employees.
The tech company has pinned the hopes of its shareholders on a live - streaming strategy whose flagship programming, a package of NFL games, is finally set to kick off with that game.
«The investigations, along with current discussions among shareholders, possible changes in the board of directors and management, will be a distraction,» Moody's said in a statement March 6, also highlighting the company's «weak credit metrics.»
He was repeatedly grilled by a shareholder about what he saw is a misalignment of interests with the board and management who owned few shares in the company.
In response to a shareholder question about what could be done to speed up the glacial pace of adoption of electric car production by other car companies, Musk said he was «playing with doing something fairly significant on this front which would be kind of controversial with respect to Tesla's patents.»
The person you're looking for, Richard, is Jack Stack of SRC Holdings (formerly Springfield Remanufacturing Corp.), who started the company in 1983 with 12 other managers as shareholders.
With legal B corporation status, companies are allowed to favour social impact over profit without the risk of being sued by shareholders.
The settlement with Universal Entertainment may help clear a path for Steve Wynn, the company's biggest shareholder, to sell part of his stake should that be necessary.
As Aimia's largest shareholder with nearly 20 per cent of the company, Mittleman said he's going to be an advocate on the board for creating shareholder value, something he predicted will spread among management and fellow board members.
The comment is oddly elliptical and passive given that Pessina is a shareholder controlling 13 % of the company's stock, with allies KKR and activist fund JANA Partners holding sway over another 4.7 % and 1.1 %, respectively.
Net income attributable to shareholders in the quarter, based on a current cost of supplies (CCS) and excluding identified items, rose to $ 5.322 billion from a year ago, compared with a company - provided analysts» consensus of $ 5.277 billion.
A dispute between Tap Oil and one of its substantial shareholders has escalated after the operator of the company's flagship Manora oil development served joint operator Northern Gulf Petroleum with a $ 35 million default notice.
The creditors of Atlas Iron have voted in favour of the iron ore miner's proposed debt - for - equity swap, with the fate of the scheme, and the company, now in the hands of shareholders who will vote next week.
Metals X looks set to succeed in its long - running battle for control of Aditya Birla Minerals, with the takeover target recommending shareholders accept an increased offer that values the company at about $ 103 million.
The statement said 3G Capital, the majority owner of Burger King, would continue to own the majority of the shares of the new company on a pro forma basis, with the remainder held by existing shareholders of Tim Hortons and Burger King.
Perth - based explorer Image Resources has entered into an agreement for the purchase of a wet concentration plant, and an offtake deal for product from its Boonanarring mineral sands project near Gingin, with a Chinese zircon company to emerge as a major shareholder.
«We do believe the current governance structure, with Jamie Dimon serving as both chairman and CEO, and an independent minded board, has served the shareholders well and is right for the company at this time,» said Lee Raymond, JPMorgan Chase's presiding director and the former CEO of Exxon Mobil.
Shares in Mungana Gold Mines rose by more than 25 per cent after the company announced it would move ahead with its North Queensland zinc strategy, following shareholder support for the $ 15 million acquisition of the Chilagoe base metal assets from the liquidators of Kagara, originally announced in December last year.
The beverage giant taking harsh criticism from value fund Wintergreen Advisers, who sent letters to Coca - Cola shareholders, the Coca - Cola Board of Directors and Warren Buffett, detailing concerns with the company's proposed 2014 Equity Plan.
Dell's special committee has warned that the stock might drop to anywhere between $ 8.67 and $ 5.85 if shareholders reject the buyout, leaving them with a company in decline as consumers continue to snub desktop and laptop computers in favor of tablets and smartphones.
Principal shareholders include Lightspeed Venture Partners, which owns 23 % of the company, and Khosla Ventures, with a 10.9 % stake.
My buddy Jim Kane with Retailer Web Services recently made an interesting observation about public companies: He noted founders waste an embarrassing amount of shareholder cash trying to save or slowly wind down companies instead of shuttering operations when it's clear the odds have turned against them.
Nabors shareholders also sent a strong rebuke against the company's governance practices with a majority vote against one of its two director nominees, Myron M. Sheinfeld.
The two companies previously discussed a merger after billionaire Liberty Media Chairman and Starz shareholder John Malone exchanged part of his Starz holdings for a 3.4 % stake in Lionsgate along with a seat on the studio's board.
In what is perhaps the company's most valuable public vote of confidence, Berkshire Hathaway CEO Warren Buffett called AmEx an «excellent business» with managers that are «talented and shareholder - oriented» in his 2016 annual report to shareholders.
After playing a two - year game of chicken with management, bondholders forced the company to wipe out shareholders and legally separate the Lake Erie operation — the most modern integrated steel plant in North America — from the Hamilton mill and its related obligations.
But the companywith almost 600 shareholders — confirms this deal will go to market before the end of October.
Shareholders allow such characters to exist because they tend to generate extreme performance with their deviant strategies that would not survive the layers of management in more democratic companies, according to Jianyun Tang, a professor at Memorial University.
While in office, he took revenues at the company from $ 1.2 billion to over $ 47 billion with a total shareholder return of 1632 %, or 15 % on an annualized basis.
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