Dealings with Affiliates and Others. Other than ordinary and usual compensation arrangements, the Company shall not (i) enter into any transaction, including, without limitation, any loans or extensions of credit or royalty agreements, with any officers or directors of the Company, or (ii) enter into any transaction with a holder of five percent (5%) or more of the Common Stock of the Company, or any member of their respective families or any corporation or other entity directly or indirectly controlled by one or more of such officers, directors or stockholders or members of their families, without the prior written consent of the holders of two-thirds of the Series A Preferred Stock, two-thirds of the Series B Preferred Stock and two-thirds of the Series C Preferred Stock then outstanding.
Appears in 2 contracts
Samples: Series F Convertible Preferred Stock Purchase Agreement (Exa Corp), Series E Convertible Preferred Stock Purchase Agreement (Exa Corp)
Dealings with Affiliates and Others. Other than ordinary and usual compensation arrangements, the Company shall not (i) enter into any transaction, including, without limitation, any loans or extensions of credit or royalty agreements, with any officers or directors of the Company, or (ii) enter into any transaction with a holder of five percent (5%) or more of the Common Stock of the Company, or any member of their respective families or any corporation or other entity directly or indirectly controlled by one or more of such officers, directors or stockholders or members of their families, without the prior written consent of the holders of two-thirds of the Series A Preferred Stock, two-thirds of the Series B Preferred Stock and two-thirds of the Series C Preferred Stock Shares then outstanding.
Appears in 2 contracts
Samples: Series C Convertible Preferred Stock Purchase Agreement, Series C Convertible Preferred Stock Purchase Agreement (Exa Corp)
