Significant Holder Period

Significant Holder Period. Shall mean the period beginning on the Effective Date and ending on the first Business Day following the date on which the Investor Stockholder Beneficially Owns a number of Company Shares less than one percent (1%) of the then issued and outstanding Company Shares.

Significant Holder Period. The period beginning on the date of the Closing and ending on the first Business Day following the latest of the date on which (i)(x) for purposes of Section 5 only, the Investor Stockholders collectively Beneficially Own a number of Purchaser Shares less than fifteen percent (15)% of the then issued and outstanding Purchaser Shares, or (y) for all other purposes of this Agreement, the Investor Stockholders collectively Beneficially Own a number of Purchaser Shares less than ten percent (10)%... of the then issued and outstanding Purchaser Shares, and (ii) the Investor Stockholders no longer have the right, under Section 2(a) of this Agreement, to designate an individual for election to the Board. View More