Common use of A Participating Stockholder Clause in Contracts

A Participating Stockholder. the personal representative of the estate of a deceased Participating Stockholder or the trustee of any trust agreement of which a deceased Participating Stockholder is donor (or any other person in possession of shares of Class B Common Stock which are to pass by reason of the death of a Participating Stockholder), in each case which proposes to transfer or convert shares of Class B Common Stock otherwise than as provided in Section 2 hereof, or a pledgee who is required by Section 2.2 hereof to offer shares of Class B Common Stock to other Participating Stockholders and the Corporation (collectively, an “Offeror”), shall send to the Depository a written notice (which shall be irrevocable), dated the date on which it is sent, containing the following information:

Appears in 5 contracts

Samples: Stockholders’ Agreement, Stockholders’ Agreement (Hamilton Beach Brands Holding Co), Stockholders’ Agreement (Nacco Industries Inc)

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