Common use of After-Acquired Securities Clause in Contracts

After-Acquired Securities. All of the provisions of this Amended and Restated Agreement shall apply to all of the Securities now owned or which may be issued or Transferred hereafter to a Stockholder in consequence of any additional issuance, purchase, exchange or reclassification of any of such Securities, any exercise of any security convertible or exercisable into a Security, any corporate reorganization, or any other form of recapitalization, consolidation, merger, share split or share dividend, or which are acquired by a Stockholder in any other manner. No Stockholder may Transfer any Security unless the transferee thereof shall, as a condition precedent to such Transfer, agree in writing to be bound by the terms and conditions of this Amended and Restated Agreement as a "Stockholder" hereunder.

Appears in 3 contracts

Samples: Stockholders Agreement (General Devices Inc), Securities Purchase Agreement (General Devices Inc), Stockholders Agreement (General Devices Inc)

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After-Acquired Securities. All of the provisions of this Amended and Restated Agreement shall apply to all of the Securities now owned or which may be issued or Transferred hereafter to a Stockholder in consequence of any additional issuance, purchase, exchange or reclassification of any of such Securities, any exercise of any security convertible or exercisable into a Security, any corporate reorganization, or any other form of recapitalization, consolidation, merger, share split or share dividend, or which are acquired by a Stockholder in any other manner. No Stockholder may Transfer any Security unless the transferee thereof shall, as a condition precedent to such Transfer, agree in writing to be bound by the terms and conditions of this Amended and Restated Agreement as a "Stockholder" hereunder.

Appears in 1 contract

Samples: Securities Purchase Agreement (General Devices Inc)

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