Independent Shareholder

Example Definitions of "Independent Shareholder"
Independent Shareholder. A shareholder of the Company (excluding Mr. William Wang, any shareholder who is a member of the family of Mr. William Wang, or any shareholder who is directly or indirectly, through one or more intermediaries, controlled by Mr. William Wang or a member of the family of Mr. Wang). For purposes of this Section 1.1(ll), (A) "family" means "family" as defined in Code Section 267(c)(4), applied as if the family of an individual includes the spouse of any member of the family, and (B) "control,"... with respect to a person other than an individual, means the power to exercise a controlling influence over the management or policies of such person. View More
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