Resale of Securities. Each Investor agrees that it shall not resell any Securities acquired pursuant to the terms hereof for a period of six (6) months following the First Closing Date, provided that the foregoing shall not preclude the Investors from selling any such Securities in connection with any change of control of the Company or any announcement by any person (including the Company) that it is seeking to effect a change of control of the Company.
Appears in 2 contracts
Samples: Subscription Agreement (Sarissa Capital Management LP), Subscription Agreement (Apricus Biosciences, Inc.)
Resale of Securities. Each The Investor agrees that it shall not resell any Securities acquired pursuant to the terms hereof for a period of six (6) months following the First Closing Date, provided that the foregoing shall not preclude the Investors Investor from selling any such Securities in connection with any change of control of the Company or any announcement by any person (including the Company) that it is seeking to effect a change of control of the Company.
Appears in 2 contracts
Samples: Subscription Agreement (Apricus Biosciences, Inc.), Subscription Agreement (Apricus Biosciences, Inc.)
Resale of Securities. Each Investor agrees that it shall not resell any Securities acquired pursuant to the terms hereof for a period of six (6) months following the First Closing Date, provided that the foregoing shall not preclude the Investors from selling any such Securities in connection with any change of control of the Company or any announcement by any person (including the Company) that it is seeking to effect a change of control of the Company.
Appears in 2 contracts
Samples: Subscription Agreement (Sarissa Capital Management LP), Subscription Agreement (Apricus Biosciences, Inc.)