Common use of Offered Stock Clause in Contracts

Offered Stock. At any time prior to the termination contemplated in Section 3.01(g), and subject to the terms and conditions specified in Section 4.01, Section 4.02, this Section 4.03 and Section 4.04, the FTP Investors and each Management Stockholder holding Preferred Stock or Common Stock (collectively with the FTP Investors, the “ROFR Rightholders”) shall have a right of first refusal if any other Management Stockholder (the “Offering Stockholder”) receives a bona fide offer from any Person (a “Prospective Transferee”) that the Offering Stockholder desires to accept (a “Transfer Offer”) to Transfer all or any portion of any Shares (or applicable Stock Equivalents) it owns (the “Offered Stock”). Each time an Offering Stockholder receives a Transfer Offer for any Offered Stock from a Prospective Transferee, the Offering Stockholder shall first make an offering of the Offered Stock to each ROFR Rightholder other than the Offering Stockholder (the “Applicable ROFR Rightholders”), all in accordance with the following provisions of this Section 4.03, prior to Transferring such Offered Stock to the Prospective Transferee. For any particular Transfer Offer, this right of first refusal and the terms and conditions set forth in this Section 4.03 shall be applied separately on a class-by-class and series-by-series basis for each class or series of Offered Stock, as applicable (including for purposes of calculating the respective ROFR pro rata portions in Section 4.03(d)).

Appears in 2 contracts

Samples: Stockholder Rights Agreement, Stockholder Rights Agreement (Eco-Stim Energy Solutions, Inc.)

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Offered Stock. At any time prior to the termination contemplated in Section 3.01(g), and subject Subject to the terms and conditions specified in Section 4.01, Section 4.02, this Section 4.03 and Section 4.04, the FTP Investors and each Management Stockholder holding Preferred Stock or Common Stock (collectively with the FTP Investors, the “ROFR Rightholders”) shall have if a right of first refusal if any other Management Stockholder (the “Offering Stockholder”) receives a bona fide offer from any Person (a “Prospective Transferee”) that the Offering Stockholder desires to accept (a “Transfer Offer”) to Transfer all or any portion of any Shares (or applicable Stock Equivalents) Company Securities it owns (the “Offered Stock”), each other Stockholder [***] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. shall have a right of first refusal with respect to such Transfer. Each time an Offering Stockholder receives a Transfer Offer for any Offered Stock from a Prospective Transferee, the Offering Stockholder shall first make an offering of the Offered Stock to each ROFR Rightholder Stockholder other than the Offering Stockholder (the “Applicable ROFR Rightholders”), all in accordance with the following provisions of this Section 4.03, prior to Transferring such Offered Stock to the Prospective Transferee. For any particular Transfer Offer, this right of first refusal and the terms and conditions set forth in this Section 4.03 shall be applied separately on a class-by-class and series-by-series basis for each class or series of Offered Stock, as applicable (including for purposes applicable, with the Debt Commitments and the Capital Stock treated as separate classes of calculating the respective ROFR pro rata portions Offered Stock in any Transfer Offer, subject to Section 4.03(d)4.01(e).

Appears in 1 contract

Samples: Stockholders Agreement (Pernix Therapeutics Holdings, Inc.)

Offered Stock. At any time prior to the termination contemplated in Section 3.01(g)consummation of a Public offering, and subject to the terms and conditions specified in Section 4.01, Section 4.02, this Section 4.03 and Section 4.04, the FTP Investors Company, first, and the Investor and each Management Stockholder holding Preferred Stock or Common Capital Stock (collectively with the FTP InvestorsInvestor, the “ROFR Rightholders”) ), second, shall have a right of first refusal if any other Management Stockholder (the “Offering Stockholder”) receives a bona fide offer from any Person (a “Prospective Transferee”) that the Offering Stockholder desires to accept (a “Transfer Offer”) to Transfer all or any portion of any Shares (or applicable Stock Equivalents) it owns (the “Offered Stock”). Each time an Offering Stockholder receives a Transfer Offer for any Offered Stock from a Prospective Transferee, the Offering Stockholder shall first make an offering of the Offered Stock to the Company, first, and each ROFR Rightholder other than the Offering Stockholder (the “Applicable ROFR Rightholders”), second, all in accordance with the following provisions of this Section 4.03, prior to Transferring such Offered Stock to the Prospective Transferee. For any particular Transfer Offer, this right of first refusal and the terms and conditions set forth in this Section 4.03 shall be applied separately on a class-by-class and series-by-series basis for each class or series of Offered Stock, as applicable (including for purposes of calculating the respective ROFR pro rata portions in Section 4.03(d)).

Appears in 1 contract

Samples: Stockholders Agreement (Pan Global, Corp.)

Offered Stock. At any time prior to the termination contemplated in Section 3.01(g)consummation of a Qualified Public Offering, and subject to the terms and conditions specified in Section 4.013.01, Section 4.023.02, and this Section 4.03 and Section 4.043.03, the FTP Investors Company, first, and each Management Stockholder holding Preferred Stock or Common Stock Shares (collectively with the FTP Investorscollectively, the "ROFR Rightholders”) "), second, shall have a right of first refusal if any other Management Stockholder (the "Offering Stockholder") receives a bona fide offer from any Person (a "Prospective Transferee") that the Offering Stockholder desires to accept (a "Transfer Offer") to Transfer all or any portion of any Shares (or applicable Stock Equivalents) it owns (the "Offered Stock"). Each time an Offering Stockholder receives a Transfer Offer for any Offered Stock from a Prospective Transferee, the Offering Stockholder shall first make an offering of the Offered Stock to the Company, first, and each ROFR Rightholder other than the Offering Stockholder (the "Applicable ROFR Rightholders"), second, all in accordance with the following provisions of this Section 4.033.03, prior to Transferring such Offered Stock to the Prospective Transferee. For any particular Transfer Offer, this right of first refusal and the terms and conditions set forth in this Section 4.03 3.03 shall be applied separately on a class-by-class and series-by-series basis for each class or series of Offered Stock, as applicable (including for purposes of calculating the respective ROFR pro rata portions in Section 4.03(d3.03(d)).

Appears in 1 contract

Samples: Stockholders Agreement

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Offered Stock. At any time prior to the termination contemplated in Section 3.01(g), and subject to the terms and conditions specified in Section 4.01, Section 4.02, this Section 4.03 and Section 4.04, the FTP Investors and each Management Stockholder holding Preferred Stock or Common Stock (collectively with the FTP InvestorsInvestor, the “ROFR Rightholders”) shall have a right of first refusal if any other Management Stockholder (the “Offering Stockholder”) receives a bona fide offer from any Person (a “Prospective Transferee”) that the Offering Stockholder desires to accept (a “Transfer Offer”) to Transfer all or any portion of any Shares (or applicable Stock Equivalents) it owns (the “Offered Stock”). Each time an Offering Stockholder receives a Transfer Offer for any Offered Stock from a Prospective Transferee, the Offering Stockholder shall first make an offering of the Offered Stock to each ROFR Rightholder other than the Offering Stockholder (the “Applicable ROFR Rightholders”), all in accordance with the following provisions of this Section 4.03, prior to Transferring such Offered Stock to the Prospective Transferee. For any particular Transfer Offer, this right of first refusal and the terms and conditions set forth in this Section 4.03 shall be applied separately on a class-by-class and series-by-series basis for each class or series of Offered Stock, as applicable (including for purposes of calculating the respective ROFR pro rata portions in Section 4.03(d)).

Appears in 1 contract

Samples: Stockholder Rights Agreement (Eco-Stim Energy Solutions, Inc.)

Offered Stock. At any time prior to the termination contemplated in Section 3.01(g)consummation of a Public Offering, and subject to the terms and conditions specified in Section 4.01, Section 4.02, this Section 4.03 and Section 4.04, the FTP Investors Company, first, and the Controlling Stockholder, and each Management Stockholder holding Preferred Stock or Common Stock (collectively with the FTP InvestorsControlling Stockholder, the “ROFR Rightholders”) ), second, shall have a right of first refusal if any other Management Stockholder (the “Offering Stockholder”) receives a bona fide offer from any Person (a “Prospective Transferee”) that the Offering Stockholder desires to accept (a “Transfer Offer”) to Transfer all or any portion of any Shares (or applicable Stock Equivalents) it owns (the “Offered Stock”). Each time an Offering Stockholder receives a Transfer Offer for any Offered Stock from a Prospective Transferee, the Offering Stockholder shall first make an offering of the Offered Stock to the Company, first, and each ROFR Rightholder other than the Offering Stockholder (the “Applicable ROFR Rightholders”), second, all in accordance with the following provisions of this Section 4.03, prior to Transferring such Offered Stock to the Prospective Transferee. For any particular Transfer Offer, this right of first refusal and the terms and conditions set forth in this Section 4.03 shall be applied separately on a class-by-class and series-by-series basis for each class or series of Offered Stock, as applicable (including for purposes of calculating the respective ROFR pro rata portions in Section 4.03(d)).

Appears in 1 contract

Samples: Stockholders Agreement (Creatd, Inc.)

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