Common use of Percentage Maintenance Share Clause in Contracts

Percentage Maintenance Share. (a) Following the Second Trigger Date, to the extent permitted under Nasdaq rules, with respect to any Company Securities that the Company may from time to time issue or sell to any Person, the Company hereby grants to Xxxxxxx the right to purchase Company Securities up to its Percentage Maintenance Share in connection with such transaction.

Appears in 4 contracts

Samples: Stockholders Agreement (Aspen Technology, Inc.), Stockholders Agreement (Emerson Electric Co), Transaction Agreement and Plan of Merger (Emersub CX, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.