Common use of Co-Sale Right Clause in Contracts

Co-Sale Right. Each Major Investor shall have the right (the “Co-Sale Right”), exercisable upon written notice to the Company within fifteen (15) days after receipt of the Co-Sale Notice, to participate in such Founder’s sale of Offered Shares pursuant to the specified terms and conditions of such Purchase Offer. To the extent a Major Investor (for purposes of this Section 3.2 (Right of Co-Sale), a “Selling Holder”) exercises such Co-Sale Right in accordance with the terms and conditions set forth below, the number of Shares which such Founder may sell pursuant to such Purchase Offer shall be correspondingly reduced. The Co-Sale Right of each Selling Holder shall be subject to the following terms and conditions:

Appears in 3 contracts

Samples: Right of First Offer and Co Sale Agreement, Right of First Offer and Co Sale Agreement, Right of First Offer and Co Sale Agreement (Renren Inc.)

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Co-Sale Right. Each Major Investor Upon receipt of the Co-Sale Notice, the Stockholder shall have the right (the “Co-Sale Right”), exercisable upon written notice to the Company within fifteen (15) business days after receipt of the Co-Sale Notice, thereafter to participate in such Founder’s sale of Offered Founder Shares pursuant to the specified terms and conditions of such Purchase Offer. To the extent a Major Investor (for purposes of this Section 3.2 (Right of Co-Sale), a “Selling Holder”) the Stockholder exercises such Co-Sale Right in accordance with the terms and conditions set forth below, the number of Founder Shares which such Founder may sell pursuant to such Purchase Offer shall be correspondingly reduced. The Co-Sale Right of each Selling Holder the Stockholder shall be subject to the following terms and conditions:

Appears in 1 contract

Samples: Stockholders Agreement (ReachLocal Inc)

Co-Sale Right. Each Major Investor shall have the right (the "Co-Sale Right"), exercisable upon written notice to the Company within fifteen (15) business days after receipt of the Co-Sale Notice, Notice to participate in such Founder’s 's sale of Offered Transfer Shares pursuant to the specified terms and conditions of such Purchase Offer. To the extent a Major the Investor (for purposes of this Section 3.2 (Right of Co-Sale), a “Selling Holder”) exercises such Co-Sale Right in accordance with the terms and conditions set forth below, the number of Shares which such Founder may sell pursuant to such Purchase Offer shall be correspondingly reduced. The Co-Sale Right of each Selling Holder the Investor shall be subject to the following terms and conditions:

Appears in 1 contract

Samples: Co Sale Agreement (Tenfold Corp /Ut)

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Co-Sale Right. Each Major Investor Shareholder shall have the right (the "Co-Sale Right"), exercisable upon written notice to the Company within fifteen (15) days after receipt of the Co-Sale Notice, to participate in such FounderShareholder’s sale Sale of Offered Shares pursuant to the specified terms and conditions of such Purchase Offer. To the extent a Major Investor Shareholder (for purposes of this Section 3.2 7.02 (Right of Co-SaleSale Right), a “Selling a"Selling Holder") exercises such Co-Sale Right in accordance with the terms and conditions set forth below, the number of Shares which such Founder Shareholder may sell pursuant to such Purchase Offer shall be correspondingly reduced. The Co-Sale Right of each Selling Holder shall be subject to the following terms and conditions:.

Appears in 1 contract

Samples: Subscription and Shareholders’ Agreement (Symbid Corp.)

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