Sentences with phrase «voting power of»

Additionally, there are concerns about the governance of the tokens, as detailed in the ICO white paper, and the voting power of the TON Foundation set up to manage the reserve tokens kept by Telegram.

Our charter provides that our stockholders will not be permitted to elect to rely upon these «controlled company» exemptions without first obtaining the prior approval of stockholders representing at least 662/3 % of the total voting power of our outstanding capital stock.

The changes reduce the voting power of smaller member states, while increasing it for the likes of the UK and Germany.

Selections are made by a senior panel of independent game makers and the voting power of our volunteer judges.

issuers and which are engaged in the same, similar, or related trades or businesses if the fund owns at least 20 % of the voting power of such issuers, or the securities of one or more qualified publicly traded partnerships.

Among these requirements are the following: (i) at least 90 % of the fund's gross income each taxable year must be derived from dividends, interest, payments with respect to securities loans, and gains from the sale or other disposition of stock, securities or foreign currencies, or other income derived with respect to its business of investing in such stock or securities or currencies and net income derived from an interest in a qualified publicly traded partnership; (ii) at the close of each quarter of the fund's taxable year, at least 50 % of the value of its total assets must be represented by cash and cash items, U.S. Government securities, securities of other RICs and other securities, with such other securities limited, in respect of any one issuer, to an amount that does not exceed 5 % of the value of a Fund's assets and that does not represent more than 10 % of the outstanding voting securities of such issuer; and (iii) at the close of each quarter of the fund's taxable year, not more than 25 % of the value of its assets may be invested in securities (other than U.S. Government securities or the securities of other RICs) of any one issuer or of two or more issuers and which are engaged in the same, similar, or related trades or businesses if the fund owns at least 20 % of the voting power of such issuers, or the securities of one or more qualified publicly traded partnerships.

Effective today, if any person or group acquires 15 percent or more of the voting power of the Company's outstanding common stock without the approval of the Board of Directors, there would be a triggering event causing significant dilution in the voting power of such person or group.

Holders of our Class A Common Stock which represented a majority of the voting power of our outstanding capital stock as of the Record Date, have executed a written consent in favor of the actions described above and have delivered it to us on September 22, 2009, the Consent Date.

Travis Dirks has provided a guest post on the voting power of differently sized shareholdings, which has important implications for activist investors seeking to impose their influence on a management.

Recent technological companies went to IPO with publicly traded stocks that have 1 / 10th of voting power of the privately held stocks.

Occasionally, companies find it necessary to concentrate the voting power of a company into a specific class of stock, in which a certain set of people own the majority of shares.

Travis Dirks has provided a guest post on the voting power of differently sized shareholdings, which has important implications for activist investors seeking to impose their influence on a managem...

Henry Tippie serves as Chairman of the Board of Dover Motorsports, as well as controlling Trustee of RMT Trust (Dover's largest shareholder), and in these capacities exercises control over 54.4 % of the combined voting power of the two classes of the Company's common stock.

As index fund ownership grows as a percentage of shares outstanding, the voting power of index fund managers increases.

But another weapon in their arsenal is the voting power of teachers themselves.

Critics of devolution often cite the West Lothian question, which refers to the voting power of non-English MPs on matters affecting only England in the UK Parliament.

They have four times the voting power of younger groups: not only are there twice as many of them, they are twice as likely to vote.

The phrase racial gerrymandering refers to the practice of drawing electoral district lines to dilute the voting power of racial minority groups.

The plaintiffs alleged that this tabulation method dilutes the voting power of citizens residing in districts that are home to smaller concentrations of non-voting residents.

The General Assembly should be the legislature with the voting power of each country increasing logarithmically (base 2) with its population.

BY COLIN MIXSON Locals living in and around the Financial District are cordially invited to attend the Apr. 11 inaugural meeting of the New Downtown Democrats, a political club formed by area civic mavens to harness the relatively newfound voting power of New York's fastest - growing residential community, according to one founding member.

If after the reconsideration such local law intro is repassed by a vote of at least two - thirds of the total voting power of the county legislature, it shall be deemed adopted, not withstanding the objections of the county executive.

We're better off voting for whoever we think will win instead of our favorite candidate, because every vote not cast for the winner reduces the voting power of our representative.

In 2005, Ipsos MORI calculated that the voting power of those over 55 in the UK was worth over 4 times that of 18 - 34 year - olds, due both to the ageing of the electorate and to young people's very low voting turnouts.

Google engineer Matt Cutts posted a comment to Tim's post admitting that Google has decreased the voting power of sites like perl.com and xml.com and downgraded the reputation of some of their outbound links.

As a U.S. company, its pay vote is advisory, not binding; moreover the company's share class structure means that approval is effectively assured, with founders» Class B shares carrying ten times the voting power of ordinary Class A. Nonetheless, opposition has been bubbling up, with an amendment to the company's stock plan generating a 28 % against vote at the 2016 AGM.

Additionally, there are concerns about the governance of the tokens, as detailed in the ICO white paper, and the voting power of the TON Foundation set up to manage the reserve tokens kept by Telegram.

Additionally, there are concerns about the governance of the tokens, as detailed in the ICO white paper, and the voting power of the TON Foundation set up to manage the reserve tokens kept by Telegram.MIT professor Christian Catalini previously told CoinDesk that the company should clarify details of its plans, adding that: «Investors should evaluate the capacity of any team to execute on their plan and vision, as well as the protections they have if things go wrong.»

The term of an incentive stock option may not exceed ten years, except that with respect to any participant who owns more than 10 % of the voting power of all classes of our outstanding stock, the term must not exceed five years and the exercise price must equal at least 110 % of the fair market value on the grant date.

Upon the completion of this offering, our existing owners will continue to control a majority of the combined voting power of our Class A and Class B common stock.

The term of an incentive stock option may not exceed 10 years, except that with respect to any participant who owns more than 10 % of the voting power of all classes of our outstanding stock, the term must not exceed 5 years and the exercise price must equal at least 110 % of the fair market value on the grant date.

Paskal also noted that, if all of these reasons aren't enough, then the voting power of the region should be a sufficient case for engagement.

I guess the lesson of Travis Kalanick's resignation as chief executive officer of Uber Technologies Inc. is that you can be the visionary founder of a massive company, stay private to avoid the pressures of the public market, keep control of a majority of the voting power of the shares, and still be forced out in a boardroom coup led by activist shareholders:

For nonstatutory stock options and incentive stock options granted to employees who do not own more than 10 % of the voting power of all classes of our outstanding stock, the exercise price must equal at least 100 % of the fair market value.

Provided, however, that an incentive stock option held by a participant who owns more than 10 % of the total combined voting power of all classes of our stock, or of certain of our parent or subsidiary corporations, may not have a term in excess of five years and must have an exercise price of at least 110 % of the fair market value of our common stock on the grant date.

Because of the Stockholders Agreement and the aggregate voting power of the Voting Group, we are considered a «controlled company» for the purposes of the New York Stock Exchange.

Under the 2017 Plan, a change in control is defined to include (1) the acquisition by any person or company of more than 50 % of the combined voting power of our then outstanding stock, (2) a merger, consolidation, or similar transaction in which our stockholders immediately before the transaction do not own, directly or indirectly, more than 50 % of the combined voting power of the surviving entity (or the parent of the surviving entity), (3) a sale, lease, exclusive license, or other disposition of all or substantially all of our assets other than to an entity more than 50 % of the combined voting power of which is owned by our stockholders, and (4) an unapproved change in the majority of the board of directors.

The SSE Holdings LLC Agreement may be amended with the consent of the holders of a majority in voting power of the outstanding LLC Interests; provided that if the managing member holds greater than 33 % of the LLC Interests, then it may be amended with the consent of the managing member together with holders of at least 50 % of the outstanding LLC Interests, excluding LLC Interests held by the managing member.

Bernard Sharfman discusses the evolving issues associated with the exploding voting power of index fund managers:

The term of an incentive stock option may not exceed ten years, except that with respect to any participant who owns more than 10 % of the voting power of all classes of our outstanding stock, the term must not exceed five years and the exercise price must equal at least 110 % of the fair market value on the grant date subject to the provisions of our 2015 Plan.

All outstanding shares of our Class B common stock will convert into shares of our Class A common stock when the shares of our Class B common stock represent less than 5 % of the combined voting power of our Class A common stock and Class B common stock.

Furthermore, investors purchasing shares of our Class A common stock in this offering will only own approximately % of our outstanding shares of Class A and Class B common stock (and have % of the combined voting power of the outstanding shares of our Class A and Class B common stock), after the offering even though their aggregate investment will represent % of the total consideration received by us in connection with all initial sales of shares of our capital stock outstanding as of September 30, 2010, after giving effect to the issuance of shares of our Class A common stock in this offering and shares of our Class A common stock to be sold by certain selling stockholders.

When the shares of our Class B common stock represent less than 5 % of combined voting power of our Class A common stock and Class B common stock, the then - outstanding shares of Class B common stock will automatically convert into shares of Class A common stock.

In addition, each share of our Class B common stock will convert automatically into one share of our Class A common stock upon any transfer, whether or not for value, except for transfers to existing holders of Class B common stock and certain other transfers described in our amended and restated certificate of incorporation, or upon the affirmative vote of a majority of the voting power of the outstanding shares of our Class B common stock, voting separately as a class.

Because of the ten - to - one voting ratio between our Class B and Class A common stock, the holders of our Class B common stock collectively will hold more than a majority of the combined voting power of our common stock upon the completion of our initial public offering, and therefore such holders will be able to control all matters submitted to our stockholders for approval.

Such conversions of Class B common stock to Class A common stock upon transfer will have the effect, over time, of increasing the relative voting power of those holders of Class B common stock who retain their shares in the long term.

If, for example, our existing shareholders retain a significant portion of their holdings of Class B common stock for an extended period of time, they could, in the future, continue to control a majority of the combined voting power of our outstanding capital stock.

the acquisition by any person of direct or indirect ownership of securities representing more than 50 % of the voting power of our then outstanding stock;

Following completion of this offering, the Principal Stockholders will control more than 50 % of the combined voting power of our common stock, so under current listing standards, we would qualify as a «controlled company» and accordingly, will be exempt from requirements to have a majority of independent directors, a fully independent nominating and corporate governance committee and a fully independent compensation committee.

«10 - Percent Stockholder» means an individual who owns more than 10 % of the total combined voting power of all classes of outstanding stock of the Company or of its parent corporation or subsidiary corporation (as defined in Code Sections 424 (e) and (f)-RRB-.