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
company —
with 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.