Common use of Offer by Selling Stockholder to the Company Clause in Contracts

Offer by Selling Stockholder to the Company. The Selling Stockholder shall deliver an Offering Notice to the Company, and within 30 days from the receipt of such Offering Notice, the Company shall deliver a Reply Notice to the Selling Stockholder. If by its Reply Notice the Company rejects the offer of the Selling Stockholder, the Company shall provide to the Selling Stockholder in such Reply Notice the name, address (for purposes of Section 3.3 hereof) and number of shares of Common Stock owned by the Founding Stockholders and each of the other Stockholders (and the Investors, in the case of an Executive Stockholder). If by its Reply Notice the Company accepts the offer of the Selling Stockholder, such Reply Notice shall constitute an agreement binding upon the Selling Stockholder to sell and the Company to purchase the offered shares at the price and upon the terms of the Offering Notice of the Selling Stockholder subject to the provisions of paragraph (f) of Section 2.1 hereof.

Appears in 1 contract

Samples: Stockholders' Agreement (PROS Holdings, Inc.)

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Offer by Selling Stockholder to the Company. The Selling Stockholder shall deliver an Offering Notice to the Company, and within 30 days from the receipt of such Offering Notice, the Company shall deliver a Reply Notice to the Selling Stockholder. If by its Reply Notice the Company rejects the offer of the Selling Stockholder, the Company shall provide to the Selling Stockholder in such Reply Notice the name, address (for purposes of Section 3.3 hereof) and number of shares of Common Stock owned by the Founding Investors (in the case of a prospective involuntary Disposition by an Executive Stockholder), Select Stockholders and each of the other Stockholders (and the Investors, in the case of an Executive Stockholder)Stockholders. If by its Reply Notice the Company accepts the offer of the Selling Stockholder, such Reply Notice shall constitute an agreement binding upon the Selling Stockholder to sell and the Company to purchase the offered shares at the price and upon the terms of the Offering Notice of the Selling Stockholder to the Company subject to the provisions of paragraph (f) of Section 2.1 hereof.

Appears in 1 contract

Samples: Stockholders' Agreement (PROS Holdings, Inc.)

Offer by Selling Stockholder to the Company. The If the Individual Stockholder does not accept the offer of the Selling Stockholder pursuant to the foregoing provisions of this Section 2.7, then the Selling Stockholder shall deliver an Offering Notice to the Company, and within 30 days from the receipt of such Offering Notice, the Company shall deliver a Reply Notice to the Selling Stockholder. If by its Reply Notice the Company rejects the offer of the Selling Stockholder, the Company shall provide to the Selling Stockholder in such Reply Notice the name, address (for purposes of Section 3.3 hereof) and number of shares of Common Stock owned by the Founding Stockholders and each of the other Stockholders Investors (and the Investors, in the case of a Selling Stockholder whose status as such derives from an Executive Stockholder), Select Stockholders and the other Stockholders. If by its Reply Notice the Company accepts the offer of the Selling Stockholder, such Reply Notice shall constitute an agreement binding upon the Selling Stockholder to sell and the Company to purchase the offered shares at the price and upon the terms of the Offering Notice of the Selling Stockholder subject to the provisions of paragraph (f) of Section 2.1 hereof.

Appears in 1 contract

Samples: Stockholders' Agreement (PROS Holdings, Inc.)

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Offer by Selling Stockholder to the Company. The Within ten days of the qualification or appointment of such executor or administrator, or if the Selling Stockholder is the Stockholder's spouse, his legatee or heir, within 30 days of the death of the Individual Stockholder, whichever shall be applicable, the Selling Stockholder shall deliver an Offering Notice to the Company, and within . Within 30 days from the receipt of such Offering Notice, the Company shall deliver a Reply Notice to the Selling Stockholder. If by its Reply Notice the Company rejects the offer of the Selling Stockholder, the Company shall provide to the Selling Stockholder in such Reply Notice the name, address (for purposes of Section 3.3 hereof) and number of shares of Common Stock owned by the Founding Stockholders and each of the other Stockholders Investors (and the Investors, in the case of a Selling Stockholder whose status as such derives from an Executive Stockholder), Select Stockholders and the other Stockholders. If by its Reply Notice the Company accepts the offer of the Selling Stockholder, such Reply Notice shall constitute an agreement binding upon the Selling Stockholder to sell and the Company to purchase the offered shares at the price and upon the terms of the Offering Notice of the Selling Stockholder to the Company subject to the provisions of paragraph (f) of Section 2.1 hereof.

Appears in 1 contract

Samples: Stockholders' Agreement (PROS Holdings, Inc.)

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