Nonmonetary Consideration. (a) If part or all of the purchase consideration specified in a Notice of Sale is other than money or purchaser’s promissory note or other evidence of indebtedness, such Notice of Sale shall also specify the fair market value in cash of such other consideration. The Optionee Investors shall have the right to exercise their respective options to purchase the Noticed Shares by delivery of a written offer or offers specifying a cash purchase price equal to the total of the monetary consideration and the fair market value of the nonmonetary consideration specified in the Notice of Sale.
Appears in 4 contracts
Samples: Investors’ Rights Agreement (Digirad Corp), Rights Agreement (Digirad Corp), Rights Agreement (Digirad Corp)
Nonmonetary Consideration. (a) If part or all of the purchase consideration specified in a Notice of Sale is other than money or purchaser’s 's promissory note or other evidence of indebtedness, such Notice of Sale shall also specify the fair market value in cash of such other consideration. The Optionee Investors shall have the right to exercise their respective options to purchase the Noticed Shares by delivery of a written offer or offers specifying a cash purchase price equal to the total of the monetary consideration and the fair market value of the nonmonetary consideration specified in the Notice of Sale.
Appears in 1 contract
