Common use of Right of First Refusal for Open Market Sales Clause in Contracts

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.)

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