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Common use of Preemptive Shares Clause in Contracts

Preemptive Shares. If shares are acquired pursuant to pre-emptive (or substantially similar) rights by Employee, said acquired shares shall possess and be subject to the same characteristics, restrictions, rights obligations, options and otherwise as the shares giving rise to the acquisition of such additional shares.

Appears in 4 contracts

Samples: Employee Stock Purchase Agreement (Us Franchise Systems Inc), Employer Stock Purchase Agreement (Us Franchise Systems Inc), Employee Stock Purchase Agreement (Us Franchise Systems Inc)