Common use of Expenses of Counsel Clause in Contracts

Expenses of Counsel. In the event of a transaction which is a Sale of the Company (as defined in the Voting Agreement), the reasonable fees and disbursements, not to exceed $50,000 in the aggregate, of one counsel for the Major Investors in their capacities as stockholders, shall be borne and paid by the Company.

Appears in 2 contracts

Samples: Investors’ Rights Agreement (Praxis Precision Medicines, Inc.), Investors’ Rights Agreement (Praxis Precision Medicines, Inc.)

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Expenses of Counsel. In the event of a transaction which is a Sale of the Company (as defined in the Voting Agreement), the reasonable fees and disbursements, not to exceed $50,000 in the aggregate, of one counsel for the Major Investors (“Investor Counsel”) in their capacities as stockholders, shall be borne and paid by the Company.

Appears in 2 contracts

Samples: Investors’ Rights Agreement (Arcellx, Inc.), Investors’ Rights Agreement (Design Therapeutics, Inc.)

Expenses of Counsel. In the event of a transaction which is a Sale of the Company (as defined in the Voting AgreementAgreement of even date herewith among the Investors and the Company), the reasonable fees and disbursements, not to exceed $50,000 in the aggregate, disbursements of one counsel for the Major Investors (“Investor Counsel”), in their capacities as stockholders, shall be borne and paid by the Company.the

Appears in 1 contract

Samples: Investors’ Rights Agreement (Cullinan Oncology, LLC)

Expenses of Counsel. In the event of a transaction which is a Sale of the Company (as defined in the Amended and Restated Voting AgreementAgreement dated of even date herewith (and as may be amended from time to time) among the Company, the Investors and the other parties named therein), the reasonable fees and disbursements, not to exceed $50,000 in the aggregate25,000, of one counsel for the Major Investors Investors, in their capacities as stockholders, shall be borne and paid by the Company.

Appears in 1 contract

Samples: Investors’ Rights Agreement (Bolt Biotherapeutics, Inc.)

Expenses of Counsel. In the event of a transaction which is a Sale of the Company (as defined in the Voting Agreement), the reasonable fees and disbursements, not to exceed $50,000 in the aggregate100,000, of one counsel for the Major Investors in their capacities as stockholders, shall be borne and paid by the Company.

Appears in 1 contract

Samples: Investors’ Rights Agreement (Mirum Pharmaceuticals, Inc.)

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Expenses of Counsel. In the event of a transaction which is a Sale of the Company (as defined in the Voting Agreement), the reasonable fees and disbursements, not to exceed $50,000 in the aggregate, disbursements of one counsel for the Major Investors (“Investor Counsel”), solely in their capacities as stockholders, shall be borne and paid by the Company.

Appears in 1 contract

Samples: Investors’ Rights Agreement (ARCA Biopharma, Inc.)

Expenses of Counsel. In the event of a transaction which is a Sale of the Company (as defined in the Voting Agreement), the reasonable fees and disbursements, not to exceed $50,000 in the aggregate25,000, of one counsel for the Major Investors (“Investor Counsel”), in their capacities as stockholders, shall be borne and paid by the Company.. At the outset of considering a transaction which, if consummated would constitute a Sale of the Company, the Company shall obtain the ability to share with the Investor Counsel (and such counsel's clients) and shall share the confidential information (including,

Appears in 1 contract

Samples: Investors’ Rights Agreement (Ziprecruiter, Inc.)

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