Common use of Right of Participation; Right of First Refusal; Co-Sale Right Clause in Contracts

Right of Participation; Right of First Refusal; Co-Sale Right. The rights of the Series Seed Preferred Shareholder under Sections 3 and the rights of the Series B Preferred Shareholder and Series A Preferred Shareholder under Sections 3 and 4 are fully assignable in connection with a transfer of shares of the Company by such Series B Preferred Shareholder and Series A Preferred Shareholder; provided, however, that no party may be assigned any of the foregoing rights unless the Company is given written notice by the Series B Preferred Shareholder and Series A Preferred Shareholder stating the name and address of the assignee and identifying the securities of the Company as to which the rights in question are being assigned; and provided further, that any such assignee shall receive such assigned rights subject to all the terms and conditions of this Agreement.

Appears in 3 contracts

Samples: Shareholder Agreements, Shareholder Agreement (Niu Technologies), Shareholder Agreement (Niu Technologies)

AutoNDA by SimpleDocs

Right of Participation; Right of First Refusal; Co-Sale Right. The rights of the Series Seed Preferred Shareholder under Sections 3 and the rights each holder of the Series B Preferred Shareholder and Series A Preferred Shareholder Shares under Sections Section 3 and each holder of Series A Preferred Shares under Section 4 are fully assignable in connection with a transfer of shares of the Company by such Series B Preferred Shareholder and holder of Series A Preferred ShareholderShares in accordance with the terms of this Agreement; provided, however, that no party may be assigned any of the foregoing rights unless the Company is given written notice by the Series B Preferred Shareholder and holder of the Series A Preferred Shareholder Shares, stating the name and address of the assignee and identifying the securities of the Company as to which the rights in question are being assigned; and provided further, that any such assignee shall receive such assigned rights subject to all the terms and conditions of this Agreement.

Appears in 1 contract

Samples: Shareholders Agreement (Ascendis Pharma a/S)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!