Additional Selling Shareholders Sample Clauses
The 'Additional Selling Shareholders' clause defines the conditions under which shareholders, other than the primary selling party, may participate in the sale of shares during a transaction. Typically, this clause outlines the process for identifying and including these additional shareholders, specifying how their shares can be offered and the proportion of shares they may sell alongside the main seller. Its core function is to ensure that all eligible shareholders have a clear and fair opportunity to participate in a sale, thereby preventing disputes and promoting transparency in the transaction process.
Additional Selling Shareholders. At any time and from time to time when a Shelf Registration Statement is effective, if the Stockholder or any other Investor requests that the Stockholder or any other Investor be added as a selling shareholder in such Shelf Registration Statement, the Company shall as promptly as practicable amend or supplement the Shelf Registration Statement to cover such additional Investor.