Right of First Refusal for Open Market Sales. (a) Beginning on the second anniversary of the date hereof and continuing for the remainder of the Term, prior to a Stockholder or its Affiliate effecting any sale of Shares on a securities exchange, the other Stockholder shall have a first refusal right to purchase such Shares on the following terms and conditions:
Appears in 4 contracts
Samples: Stockholder Agreement (Arcelor), Stockholder Agreement (Skandalaris Robert J), Transition Services Agreement (Noble International, Ltd.)