Example ContractsClausesDisqualified Equity Interest
Disqualified Equity Interest
Disqualified Equity Interest contract clause examples

Disqualified Equity Interest. Issue any Disqualified Equity Interests.

all net obligations of such Person under any Hedge Agreements; and

Qualified Equity Interest” means any Equity Interest, other than a Disqualified Equity Interest.

all Disqualified Equity Interests of such Person and any warrant, right or option to acquire any Disqualified Equity Interest of such Person, valued at the greater of the voluntary or involuntary liquidation preference of such Disqualified Equity Interest plus accrued and unpaid dividends; and

Qualified Equity Interest” means any Equity Interest other than Disqualified Stock.

Qualified Equity Interest” of any Person means any Equity Interest of such Person that is not a Disqualified Equity Interest.

Dividends; Equity Interest. The Award shall not be interpreted to bestow upon the Participant any equity interest or ownership in the Company or any of its subsidiaries prior to the date on which the Company delivers Shares to the Participant. The Participant is not entitled to vote any Shares by reason of the granting of this Award or to receive or be credited with any dividends that may be declared and payable on any Share prior to the payment date with respect to such Share. The Participant shall have the rights of a shareholder only as to those Shares, if any, that are actually delivered under the Award.

Qualified Equity Interests” means any Equity Interest other than Disqualified Stock.

Qualified Equity Interests” shall mean any Equity Interest other than Disqualified Stock.

Qualified Equity” means any Capital Stock that is not a Disqualified Equity Interest.

Next results

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.