Common use of Preferred Shareholders’ Option Clause in Contracts

Preferred Shareholders’ Option. (i) Each Preferred Shareholder shall have an option for a period of thirty (30) days from the Preferred Shareholder’s receipt of the Additional Transfer Notice to elect to purchase its respective pro rata share of the Remaining Shares at the same price and subject to the same material terms and conditions as described in the Additional Transfer Notice.

Appears in 3 contracts

Samples: Sale Agreement, Share Purchase Agreement (China Kanghui Holdings), Sale Agreement (China Kanghui Holdings)

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Preferred Shareholders’ Option. (i1) Each Preferred Shareholder shall have an option for a period of thirty (30) days from the Preferred Shareholder’s receipt of the Additional Transfer Notice to elect to purchase its respective pro rata share (including any re-allocation contemplated below) of the Remaining Offered Shares at the same price and subject to the same material terms and conditions as described in the Additional Transfer Notice, subject to Section 9.01(a)(v).

Appears in 1 contract

Samples: Shareholders’ Agreement (Gigamedia LTD)

Preferred Shareholders’ Option. (i1) Each The Preferred Shareholder shall have an option for a period of thirty (30) days from the Preferred Shareholder’s receipt of the Additional Transfer Notice to elect to purchase its respective pro rata share shares of the Remaining Shares Offered by Ordinary Shareholder at the same price and subject to the same material terms and conditions as described in the Additional Transfer Notice.

Appears in 1 contract

Samples: Shareholders’ Agreement (Gigamedia LTD)

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Preferred Shareholders’ Option. (ia) Each Preferred Shareholder shall have an option for a period of thirty ten (3010) days from following receipt of the Second Notice (the “Preferred Shareholder’s receipt of the Additional Transfer Notice Option Period”) to elect to purchase all or any portion of its respective pro rata share of the Remaining Offered Shares set out in the Second Notice at the same price and subject to the same material terms and conditions as described in the Additional Transfer Notice, by notifying the Transferor and the Company in writing before expiration of the Preferred Shareholder’s Option Period as to the number of such Offered Shares that it wishes to purchase.

Appears in 1 contract

Samples: Investor Rights Agreement (Daqo New Energy Corp.)

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