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)
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)