Intervening Death. If a Shareholder becomes an Inactive Shareholder before the Time of Closing of a Sale Transaction pursuant to the provisions of Article 13 as a result of the death of the Shareholder, the provisions of Article 14 shall apply and the provisions of this Article (except for this section) shall be suspended until completion of the Sale Transaction contemplated by Article 14.
Appears in 3 contracts
Samples: Unanimous Shareholder Agreement, Unanimous Shareholder Agreement, Unanimous Shareholder Agreement
Intervening Death. If a Shareholder becomes an Inactive Shareholder before the Time of Closing of a Sale Transaction pursuant to the provisions of this Article 13 7 as a result of the death of the ShareholderShareholder or its Principal, the provisions of Article 14 9 shall apply and the provisions of this Article (except for this section) shall be suspended until completion of the Sale Transaction contemplated by Article 148.
Appears in 1 contract
Samples: Shareholders’ Agreement (Red Mountain Ventures Limited Partnership)
