Limited Preemptive Rights. If New Holdings determines to issue any securities to Apax or any of its affiliates (for the avoidance of doubt excluding equity syndication ) (the “Offered Securities”), each other stock and option holder will be given the right to purchase its pro rata portion (based on the fully diluted shares) of the Offered Securities. The limited preemptive rights will terminate upon an Exit or IPO.
Appears in 8 contracts
Samples: Rollover Commitment (Hub International LTD), Rollover Commitment (Hub International LTD), Rollover Commitment (Hub International LTD)
