Control Person
Control Person. Means with respect to any Person any executive officer or member of the board of directors of such Person, or anyone serving in a similar capacity, and any Person, who individually or as a member of a group, beneficially owns two percent (2%) or more of the voting securities of such Person. For purposes of this definition, beneficial ownership shall be calculated in the manner provided for in Rule 13d-3 under the Securities Exchange Act of 1934, as amended.
All Definitions
Found in
PETROGRESS, INC contract