Common use of Amendments to Stockholder Agreement Clause in Contracts

Amendments to Stockholder Agreement. Section 5.3 of the Stockholders Agreement concerning registration rights shall be deleted, except that if the Shares and the Exchange Shares are reconveyed as provided in Section 7 hereof, Section 5.3 of the Stockholder Agreement shall be reinstituted and restored. Also, Section 5.4 of the Stockholder Agreement provides anti-dilution rights to the stockholders. In recognition of the exchange of shares set forth herein, the 2.8% minimum applicable to Cohex xx Section 5.4 shall be adjusted downward to take into account the

Appears in 2 contracts

Samples: Exchange Agreement (Capital Senior Living Corp), Exchange Agreement (Capital Senior Living Corp)

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Amendments to Stockholder Agreement. Section 5.3 of the Stockholders Agreement concerning registration rights shall be deleted, except that if the Shares and the Exchange Shares are reconveyed as provided in Section 7 hereof, Section 5.3 of the Stockholder Agreement shall be reinstituted and restored. Also, Section 5.4 of the Stockholder Agreement provides anti-dilution rights to the stockholders. In recognition of the exchange of shares set forth herein, the 2.8% minimum applicable to Cohex xx Section 5.4 shall be adjusted downward to take into account thebe

Appears in 2 contracts

Samples: Exchange Agreement (Capital Senior Living Corp), Exchange Agreement (Capital Senior Living Corp)

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