Common use of Additional Shares and Additional Rights Clause in Contracts

Additional Shares and Additional Rights. If, after the date hereof, a Stockholder acquires record ownership or Beneficial Ownership of any additional shares of capital stock of Powertel (any such shares, "ADDITIONAL SHARES"), including, without limitation, upon exercise of any option, warrant or right to acquire shares of capital stock of Powertel through the conversion of the Powertel Preferred Stock or through any stock dividend or stock split, or record ownership or Beneficial Ownership of any additional options, warrants or rights to acquire shares of capital stock of Powertel (any such options, warrants or rights, "ADDITIONAL RIGHTS"), the provisions of this Agreement applicable to the Shares and the Rights shall be applicable to such Additional Shares and Additional Rights from and after the date of acquisition thereof. The provisions of the immediately preceding sentence shall be effective with respect to Additional Shares or Additional Rights without action by any person immediately upon the acquisition by any Stockholder of record ownership or Beneficial Ownership of such Additional Shares or Additional Rights, respectively.

Appears in 8 contracts

Samples: Donald Burton Stockholder Agreement (Deutsche Telekom Ag), Itc Stockholder Agreement (Deutsche Telekom Ag), Powertel Stockholder Agreement (Sonera Corp)

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Additional Shares and Additional Rights. If, after the date hereof, a Stockholder acquires record ownership or Beneficial Ownership of any additional shares of capital stock of Powertel (any such shares, "ADDITIONAL SHARES"), including, without limitation, upon exercise of any option, warrant or right to acquire shares of capital stock of Powertel through the conversion of the Powertel Preferred Stock or through any stock dividend or stock split, or record ownership or Beneficial Ownership of any additional options, warrants or rights to acquire shares of capital stock of Powertel (any such options, warrants warrants, or rights, "ADDITIONAL RIGHTS"), the provisions of this Agreement applicable to the Shares and the Rights shall be applicable to such Additional Shares and Additional Rights from and after the date of acquisition thereof. The provisions of the immediately preceding sentence shall be effective with respect to Additional Shares or Additional Rights without action by any person immediately upon the acquisition by any Stockholder of record ownership or Beneficial Ownership of such Additional Shares or Additional Rights, respectively.

Appears in 4 contracts

Samples: Powertel Stockholders Agreement (Voicestream Wireless Corp /De), Powertel Stockholders Agreement (Voicestream Wireless Corp /De), Powertel Stockholders Agreement (Sonera Corp)

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Additional Shares and Additional Rights. If, after the date hereof, a Stockholder Shareholder acquires record ownership or Beneficial Ownership of any additional shares of capital stock of Powertel Abiliti (any such shares, "ADDITIONAL SHARES"), including, without limitation, upon exercise of any option, warrant or right to acquire shares of capital stock of Powertel Abiliti through the conversion of the Powertel Abiliti Series A Preferred Stock Stock, the Abiliti Series B Preferred Stock, the March 2000 Notes, the January 2001 Notes, or the Conversion Shares, or through any stock dividend or stock split, or record ownership or Beneficial Ownership of any additional options, warrants or rights to acquire shares of capital stock of Powertel Abiliti (any such options, warrants or rights, "ADDITIONAL RIGHTS"), the provisions of this Agreement applicable to the Shares and the Rights shall be applicable to such Additional Shares and Additional Rights from and after the date of acquisition thereof. Upon the acquisition of any Additional Shares or Additional Rights, a Shareholder shall, within two business days, notify Daleen of such acquisition. The provisions of the immediately preceding sentence shall be effective with respect to Additional Shares or Additional Rights without action by any person Person immediately upon the acquisition by any Stockholder Shareholder of record ownership or Beneficial Ownership of such Additional Shares or Additional Rights, respectively.

Appears in 1 contract

Samples: Abiliti Shareholders Voting Agreement (Daleen Technologies Inc)

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