Common use of Expiration of Standstill Clause in Contracts

Expiration of Standstill. The standstill provisions of Section 8.1 shall terminate at such time as the Restricted Stockholders and all of their Affiliates and Associates, individually and as a group, Beneficially Own less than 4.9% of the Company’s outstanding Common Stock (including any amount of Common Stock into which any Capital Stock Beneficially Owned could, under any circumstance, be convertible).

Appears in 5 contracts

Samples: Stockholder Agreement (Autobytel Inc), Stockholder Agreement (Autobytel Inc), Stockholder Agreement (Autobytel Inc)

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Expiration of Standstill. The standstill provisions of Section 8.1 shall terminate at such time as the Restricted Stockholders Stockholder and all of their its Affiliates and Associates, individually and as a group, Beneficially Own less than 4.9% of the Company’s outstanding Common Stock (including any amount of Common Stock into which any Capital Stock Beneficially Owned could, under any circumstance, be convertible)Stock.

Appears in 2 contracts

Samples: Stockholder Agreement (AutoWeb, Inc.), Stockholder Agreement (Autobytel Inc)

Expiration of Standstill. The standstill provisions of Section 8.1 shall terminate at such time as the Restricted Stockholders and all of their Affiliates and Associates, individually and as a group, Beneficially Own less than 4.9% of the Company’s outstanding Common Stock (including any amount of Common Stock into which any Capital Stock Beneficially Owned could, under any circumstance, be convertible).. Article IX Non-Competition and Other Restrictions 9.1

Appears in 1 contract

Samples: Stockholder Agreement

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Expiration of Standstill. The standstill provisions of Section 8.1 shall terminate at such time as the Restricted Stockholders and all of their Affiliates and Associates, individually and as a group, Beneficially Own less than 4.9% of the Company’s outstanding Common Stock (including any amount of Common Stock into which any Capital Stock Beneficially Owned could, under any circumstance, be convertible).. 23 Article IX

Appears in 1 contract

Samples: Stockholder Agreement

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