Recapitalization/Reorganization. (i) Any new, substituted or additional securities or other property that is by reason of any Recapitalization distributed with respect to Vested Shares shall be immediately subject to the First Refusal Right. (ii) In the event of a Reorganization, the First Refusal Right shall remain in full force and effect and shall apply to the new capital stock or other property received in exchange for Vested Shares in consummation of the Reorganization and shall apply to the remaining Unvested Shares as and when they become Vested Shares.
Appears in 8 contracts
Samples: Stock Issuance Agreement (NeuroSigma, Inc.), Stock Issuance Agreement (NeuroSigma, Inc.), Stock Issuance Agreement (NeuroSigma, Inc.)
Recapitalization/Reorganization. (ia) Any new, substituted or additional securities or other property that is by reason of any Recapitalization distributed with respect to Vested Shares shall be immediately subject to the First Refusal Right.
(iib) In the event of a Reorganization, the First Refusal Right shall remain in full force and effect and shall apply to the new capital stock or other property received in exchange for Vested Shares in consummation of the Reorganization and shall apply to the remaining Unvested Shares as and when they become Vested Shares.
Appears in 3 contracts
Samples: Stock Issuance Agreement (Active Network Inc), Stock Purchase Agreement (Active Network Inc), Stock Purchase Agreement (Active Network Inc)
Recapitalization/Reorganization. (i) Any new, substituted or additional securities or other property that which is by reason of any Recapitalization distributed with respect to Vested the Restricted Shares shall be immediately subject to the First Refusal Right.
(ii) In the event of a Reorganization, the First Refusal Right shall remain in full force and effect and shall apply but only to the new capital stock or other property received in exchange for Vested extent the Restricted Shares in consummation of are at the Reorganization and shall apply to the remaining Unvested Shares as and when they become Vested Sharestime covered by such right.
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Recapitalization/Reorganization. (ia) Any new, substituted or additional securities or other property that is by reason of any Recapitalization distributed with respect to Vested Shares shall be immediately subject to the First Refusal Right.
(iib) In the event of a Reorganization, the First Refusal Right shall remain in full force and effect and shall apply to the new capital stock or other property received in exchange for the Vested Shares in consummation of the Reorganization and shall apply to the remaining Unvested Shares as and when they become Vested Shares.
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