Reoffer of Restricted Shares Not Earned. Subject to applicable federal and state securities laws, Unearned Restricted Shares so acquired by the Corporation shall be offered by the Corporation at the Adjusted Original Price to the Original Investors pro rata with their holdings of shares of common stock, par value $.10 per share, prior to the IPO.
Appears in 4 contracts
Samples: Employee Stock Purchase Agreement (Us Franchise Systems Inc), Employee Stock Purchase Agreement (Us Franchise Systems Inc), Employee Stock Purchase Agreement (Us Franchise Systems Inc)