Founder Units

Example Definitions of "Founder Units"
Founder Units. Is defined in the recitals to this Agreement.
Found in CR Acquisition Corp. contract
Founder Units. Means the 23,000,000 units of the Company issued to the Investors pursuant to the Initial Unit Subscription Agreements, each dated as of October 2, 2007, between the Company and each of the Investors (or such lesser number of units that the Investors may hold if the Underwriter's over-allotment option is not exercised in full by the Underwriter), giving effect to the split of the Founder Units. 1
Found in Sapphire Industrials Corp. contract
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