Common use of Right to Join in Sale Clause in Contracts

Right to Join in Sale. (a) Notwithstanding anything herein to the contrary, if any of the Capital Stockholders or any of the Prospect Stockholders ("Selling Holders") proposes, in a single transaction or a series of related transactions, to sell, dispose of or otherwise transfer a majority of such stockholders Shares, the Selling Holders shall refrain from effecting such transaction unless, prior to the consummation thereof, each of the other stockholders who are parties to this Agreement shall have been afforded the opportunity to join in such transfer as provided in Section 2(b). Specifically excluded from this provision are sales made pursuant to Rule 144 or other sales in the open market.

Appears in 4 contracts

Samples: Voting Agreement (Capital Beverage Corp), Voting Agreement (Capital Beverage Corp), Voting Agreement (Capital Beverage Corp)

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