Control Person
Control Person. Means any person, company or partnership who (i) beneficially owns, or (ii) who is an Associate of a person, company or partnership who beneficially owns, directly or indirectly, voting securities of the Company or who exercises control or direction of voting securities or securities convertible, exercisable or exchangeable into voting securities of the Company or a combination of both carrying more than 10% of the voting rights attached to all of the voting securities and securities...
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Found in
724 SOLUTIONS INC contract
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.
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Found in
PETROGRESS, INC contract