Common use of Additional Key Holders Clause in Contracts

Additional Key Holders. In the event that after the date of this Agreement, the Company issues shares of Common Stock to any employee or consultant, which shares would collectively constitute with respect to such employee or consultant (taking into account all shares of Common stock, options and other purchase rights held by such employee or consultant) one percent (1%) or more of the Company’s then outstanding Common Stock (treating for this purpose all shares of Common Stock issuable upon exercise of or conversion of outstanding options, warrants or convertible securities, as if exercised or converted), the Company shall, as a condition to such issuance, cause such employee or consultant to execute a counterpart signature page hereto as a Key Holder, and such person shall thereby be bound by, and subject to, all the terms and provisions of this Agreement applicable to a Key Holder.

Appears in 2 contracts

Samples: Right of First Refusal and Co Sale Agreement (Caribou Biosciences, Inc.), Right of First Refusal and Co Sale Agreement (Caribou Biosciences, Inc.)

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Additional Key Holders. In the event that after the date of this Agreement, the Company issues shares of Common Stock to any employee or consultant, which shares would collectively constitute with respect to such employee or consultant (taking into account all shares of Common stockStock, options and other purchase rights held by such employee or consultant) one percent (1%) or more of the Company’s then outstanding Common Stock (treating for this purpose all shares of Common Stock issuable upon exercise of or conversion of outstanding options, warrants or convertible securities, as if exercised or converted), the Company shall, as a condition to such issuance, cause such employee or consultant to execute a counterpart signature page hereto as a Key Holder, and such person shall thereby be bound by, and subject to, all the terms and provisions of this Agreement applicable to a Key Holder.

Appears in 1 contract

Samples: Right of First Refusal and Co Sale Agreement (OvaScience, Inc.)

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Additional Key Holders. In the event that after the date of this Agreement, the Company issues shares of Common Stock Stock, or options to purchase Common Stock, to any employee or consultantPerson, which shares or options would collectively constitute with respect to such employee or consultant (taking into account all shares of Common stockStock, options and other purchase rights held by such employee or consultant) one percent (1%) or more of the Company’s then then-outstanding Common Stock (treating as issued for this purpose all shares of Common Stock issuable upon exercise of or conversion of outstanding options, warrants or convertible securities, as if exercised or converted), the Company shall, as a condition to such issuance, cause such employee or consultant to execute a counterpart signature page hereto as a Key Holder, and such person shall thereby be bound by, and subject to, all the terms and provisions of this Agreement applicable to a Key Holder.

Appears in 1 contract

Samples: Right of First Refusal and Co Sale Agreement (iBio, Inc.)

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