Common use of Additional A-1 Shares Clause in Contracts

Additional A-1 Shares. In addition to the foregoing, in the event that any Investor who is, as of immediately prior to the Recapitalization, a holder of Existing Preferred Stock and such Investor invests, pursuant to the terms of this Agreement, more than such holder’s full Pro Rata Share (such excess amount being referred to herein as the “Super Pro Rata Amount”), such Investor shall receive at the Stage I Closing, in consideration of such Investor’s agreement to invest such Super Pro Rata Amount, that number of additional shares of Series A-1 Preferred Stock set forth next to such Investor’s name of Schedule 1 hereto under the captions “Additional A-1 Shares” (the “Additional A-1 Shares”).

Appears in 4 contracts

Samples: Stockholders’ Agreement (Radius Health, Inc.), Stockholders’ Agreement (Radius Health, Inc.), Stockholders’ Agreement (Radius Health, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.