Common use of New Employee Stockholders Clause in Contracts

New Employee Stockholders. Each Stockholder hereby agrees that any employee of the Company or any of its subsidiaries who after the date of this Agreement is offered shares of Common Stock or Options shall, as a condition precedent to the acquisition of such shares of Common Stock or Options, as the case may be, become a party to this Agreement by executing the same. Upon such execution and delivery, such employee shall be an Employee Stockholder for all purposes of this Agreement.

Appears in 2 contracts

Samples: Stockholders Agreement (Day International Group Inc), Stockholders Agreement (Day International Group Inc)

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New Employee Stockholders. Each Stockholder of the Employee Stockholders hereby agrees that the Company may require that any employee of the Company or any of its subsidiaries who after the date of this Agreement is offered shares of Common Stock or Options shall, as a condition precedent to the acquisition of such shares of Common Stock or Options, as the case may beStock, become a party to this Agreement by executing the samesame and delivering it to the Company at its address specified in Section 7.12 hereof. Upon such execution and delivery, such employee shall be an Employee Stockholder Stockholder” for all purposes of this Agreement.

Appears in 2 contracts

Samples: Employee Stockholders Agreement, Employee Stockholders Agreement (Endo Pharmaceuticals Holdings Inc)

New Employee Stockholders. Each Stockholder of the Employee Stockholders ------------------------- hereby agrees that the Company may require that any employee of the Company or any of its subsidiaries who after the date of this Agreement is offered shares of Common Stock or Options shall, as a condition precedent to the acquisition of such shares of Common Stock or Options, as the case may beStock, become a party to this Agreement by executing the samesame and delivering it to the Company at its address specified in Section 8.12 hereof. Upon such execution and delivery, such employee shall be an "Employee Stockholder Stockholder" for all purposes of this Agreement.

Appears in 2 contracts

Samples: Employee Stockholders Agreement (Endo Pharma LLC), Employee Stockholders Agreement (Endo Pharmaceuticals Holdings Inc)

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New Employee Stockholders. Each Stockholder of the Employee Stockholders ------------------------- hereby agrees that the Company may require that any employee of the Company or any of its subsidiaries who after the date of this Agreement is offered shares of Common Stock or Options shall, as a condition precedent to the acquisition of such shares of Common Stock or Options, as the case may beStock, become a party to this Agreement by executing the samesame and delivering it to the Company at its address specified in Section 8.12 hereof. Upon such execution and delivery, such employee shall be an "Employee Stockholder Stock holder" for all purposes of this Agreement.

Appears in 1 contract

Samples: Employee Stockholders Agreement (Endo Pharmaceuticals Holdings Inc)

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