Ownership Required. Notwithstanding anything herein to the contrary, no Family Shareholder shall be entitled to exercise a Purchase Right as an Optionee unless such Family Shareholder on the date of delivery of the First Notice owns Shares of record or beneficially.
Appears in 4 contracts
Samples: Scripps Family Agreement, Scripps Family Agreement (E.W. SCRIPPS Co), Scripps Family Agreement (Scripps Networks Interactive, Inc.)
Ownership Required. Notwithstanding anything herein to the contrary, no Family Shareholder shall be entitled to receive an Offer Notice, First Notice or a Second Notice or exercise a Purchase Right as an Optionee unless such Family Shareholder on the date of delivery of the First Notice owns Shares of record or beneficially.
Appears in 2 contracts
Samples: Scripps Family Agreement (Scripps Eaton M), Scripps Family Agreement (E.W. SCRIPPS Co)