Anti-Dilution Rights. Associated agrees that the Membership Percentage represented by the Interest to be issued to Contributor under this Agreement (regardless of when any portion of such Interest is issued hereunder) shall not be diluted by the first $75 million of equity investments in Associated by the Original Shareholders and their Affiliates from the date of this Agreement through August 19, 1997 and shall be diluted in respect of any other equity investments by the Original Shareholders or their Affiliates after the date of this Agreement based upon (A) the amount of such equity investment and (B) the fair market value of Associated (as determined in good faith by the board of directors of Associated).
Appears in 5 contracts
Samples: Stock Contribution Agreement (Teligent Inc), Stock Contribution Agreement (Teligent Inc), Stock Contribution Agreement (Cherrywood Holdings Inc)