Common use of Certain Stockholders’ Rights Plans Clause in Contracts

Certain Stockholders’ Rights Plans. At any time that any Preferred Shares or Conversion Shares remain outstanding, the Company shall not adopt any stockholder rights agreement, “poison pill” or similar anti-takeover agreement or plan that is applicable to each Holder unless the Company has excluded each Holder from the definition of “acquiring person” (or such similar term) as such term is defined in such anti-takeover agreement to the extent of such Holder’s beneficial ownership of Preferred Stock or Common Stock owned as of the date any such agreement or plan is adopted by the Company.

Appears in 3 contracts

Samples: Exchange Agreement (Flynn James E), Exchange Agreement (Acutus Medical, Inc.), Exchange Agreement (Acutus Medical, Inc.)

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Certain Stockholders’ Rights Plans. At any time that any Preferred Shares or Conversion Shares remain outstanding, the Company shall not adopt any stockholder rights agreement, “poison pill” or similar anti-takeover agreement or plan that is applicable to each the Holder unless the Company has excluded each the Holder from the definition of “acquiring person” (or such similar term) as such term is defined in such anti-takeover agreement to the extent of such the Holder’s beneficial ownership of Preferred Stock or Common Stock owned as of the date any such agreement or plan is adopted by the Company.

Appears in 3 contracts

Samples: Exchange Agreement (Singular Genomics Systems, Inc.), Exchange Agreement (AdaptHealth Corp.), Registration Rights Agreement (Flynn James E)

Certain Stockholders’ Rights Plans. At any time that any Preferred Shares or Conversion Shares remain outstanding, the Company shall not adopt any stockholder rights agreement, “poison pill” or similar anti-takeover agreement or plan that is applicable to each Holder unless the Company has excluded each Holder from the definition of “acquiring person” (or such similar term) as such term is defined in such anti-takeover agreement to the extent of such Holder’s beneficial ownership of Preferred Stock or Common Stock owned as of the date any such agreement or plan is adopted by the Company. Section 3.03.

Appears in 1 contract

Samples: 151014726v5 Exchange Agreement (Oncology Institute, Inc.)

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Certain Stockholders’ Rights Plans. At any time that any Preferred Shares or Conversion Shares Securities remain outstanding, the Company shall not adopt any stockholder rights agreement, “poison pill” or similar anti-takeover agreement or plan that is applicable to each the Securities held by any Deerfield Holder unless the Company has excluded each such Deerfield Holder from the definition of “acquiring person” (or such similar term) as such term is defined in such anti-takeover agreement to the extent of such Holder’s beneficial ownership of Preferred Stock or Common Stock the Securities owned as of the date any such agreement or plan is adopted by the Company.

Appears in 1 contract

Samples: Exchange Agreement (Invitae Corp)

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