1.13 Holder means any holder of Registrable Securities who is a party to this Agreement.
1.14 Immediate Family Member means a child, stepchild, grandchild, parent, stepparent, grandparent, spouse, sibling, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law, including, adoptive relationships, of a natural person referred to herein.
1.15 Initiating Holders means, collectively, Holders who properly initiate a registration request under this Agreement.
1.16 IPO means the Companys first underwritten public offering of its Common Stock under the Securities Act.
1.17 Key Employee means each of Estuardo Aguilar-Cordova, Laura Aguilar, Stephen Rocamboli, Daniel Giroux and Brian Guzik.
1.18 Major Investor means any Investor that, individually or together with such Investors Affiliates, holds at least 1,000,000 shares of Registrable Securities (as adjusted for any stock split, stock dividend, combination, or other recapitalization or reclassification effected after the date hereof).
1.19 New Securities means, collectively, equity securities of the Company, whether or not currently authorized, as well as rights, options, or warrants to purchase such equity securities, or securities of any type whatsoever that are, or may become, convertible or exchangeable into or exercisable for such equity securities.
1.20 PBM means PBM ADV Holdings, LLC.
1.21 Person means any individual, corporation, partnership, trust, limited liability company, association or other entity.
1.22 Preferred Directors means the Series B Directors and the Series C Directors.
1.23 Preferred Stock means, collectively, shares of the Companys Founder Preferred Stock, Series B Preferred Stock and Series C Preferred Stock.
1.24 Registrable Securities means (i) the Common Stock issued on conversion of the Series A Preferred Stock, par value $0.01 per share, immediately prior to November 13, 2018, (ii) the Common Stock issuable or issued upon conversion of the Series B Preferred Stock; (iii) the Common Stock issuable or issued upon conversion of the Series C Preferred Stock; (iv) any Common Stock, or any Common Stock issued or issuable (directly or indirectly) upon conversion and/or exercise of any other securities of the Company, acquired by the Investors on or after November 13, 2018; and (v) any Common Stock issued as (or issuable upon the conversion or exercise of any warrant, right, or other security that is issued as) a dividend or other distribution with respect to, or in exchange for or in replacement of, the shares referenced in clauses (ii), (iii) and (iv) above; excluding in all cases, however, any Registrable Securities sold