First Refusal. (a) If Grantee desires to sell, assign, transfer or otherwise dispose of all or any of the shares of Issuer Common Stock or other securities acquired by it pursuant to the exercise of the Option, it will give Issuer written notice of the proposed transaction (the "Offeror's Notice"), identifying the proposed transferee, the proposed purchase price and the terms of such proposed transaction. For ten business days following receipt of such notice, Issuer shall have the option to elect by written notice to purchase all, but not less than all, of the Issuer Common Stock or other securities specified in Offeror's Notice at the price and upon the terms set froth in such notice.
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Samples: Stock Option Agreement (Dallas Semiconductor Corp), Agreement and Plan of Merger (Maxim Integrated Products Inc), Agreement and Plan of Merger (Dallas Semiconductor Corp)
First Refusal. (a) If the Grantee desires to sell, assign, transfer or otherwise dispose of all or any of the shares of Issuer Common Stock or other securities acquired by it pursuant to the exercise of the Option, it will give the Issuer written notice of the proposed transaction (the "Offeror's Notice"), ---------------- identifying the proposed transferee, the proposed purchase price and the terms of such proposed transaction. For ten 10 business days following receipt of such notice, the Issuer shall have the option to elect by written notice to purchase all, but not less than all, of the Issuer Common Stock or other securities shares specified in Offeror's Notice at the price and upon the terms set froth forth in such notice.
Appears in 3 contracts
Samples: Stock Option Agreement (Western Multiplex Corp), 2 Stock Option Agreement (Adaptive Broadband Corp), 3 Stock Option Agreement (Adaptive Broadband Corp)
First Refusal. (a) If the Grantee desires to sell, assign, transfer or otherwise dispose of all or any of the shares of Issuer Common Stock or other securities acquired by it pursuant to the exercise of the Option, it will give the Issuer written notice of the proposed transaction (the "Offeror's Notice"), identifying --------- ------ the proposed transferee, the proposed purchase price and the terms of such proposed transaction. For ten 10 business days following receipt of such notice, the Issuer shall have the option to elect by written notice to purchase all, but not less than all, of the Issuer Common Stock or other securities shares specified in Offeror's Notice at the price and upon the terms set froth forth in such notice.
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