Right to Participate in Certain Sales of Additional Securities. (a) The Company agrees that it shall not sell or issue any shares of capital stock of the Company, or other securities convertible into or exchangeable for capital stock of the Company, or options, warrants or rights carrying any rights to purchase capital stock of the Company unless the Company first submits a written offer to each Eligible Stockholder, identifying the terms of the proposed sale (including cash price, number or aggregate principal amount of securities and all other material terms).
Appears in 2 contracts
Samples: Stockholders' Agreement (Pathnet Telecommunications Inc), Stockholders' Agreement (Pathnet Telecommunications Inc)
Right to Participate in Certain Sales of Additional Securities. (a) The Company agrees that it shall will not sell or issue issue: (a) any shares of capital stock of the Company, or other (b) securities convertible into or exercisable or exchangeable for capital stock of the Company, Company or (c) options, warrants or rights carrying any rights to purchase capital stock of the Company (in each case, “Additional Shares”), unless the Company first submits a written offer to each Eligible Stockholder, identifying the terms complies with all of the proposed sale (including cash price, number or aggregate principal amount provisions of securities and all other material terms)this Section 4.5.
Appears in 2 contracts
Samples: Securities Purchase Agreement (National Storm Management Inc.), Securities Purchase Agreement (National Storm Management Inc.)
