Common use of Rights of Co-Sale Clause in Contracts

Rights of Co-Sale. In the event that any Shareholder intends to sell or transfer, directly or indirectly, any shares of any class of Capital Stock held by it to any Person other than a Related Party, each Holder will have the right to participate in such sale or transfer on the terms set forth in this Article VI; provided, however, none of the provisions of this Agreement will apply to any sale by a Shareholder of shares of Capital Stock in a bona fide underwritten public offering under the Securities Act, so long as all Holders have had an opportunity to participate in such offering pursuant to the registration rights under this Agreement.

Appears in 2 contracts

Samples: Shareholder Agreement (F Jotan LLC), Shareholder Agreement (Jotan Inc)

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Rights of Co-Sale. In the event that any the Shareholder intends to sell or transfer, directly or indirectly, any shares of any class of Capital Stock of the Company held by it to any Person other than a Related PartyPerson, each Holder will have the right to participate in such sale or transfer on the terms set forth in this Article VI; provided, however, none of the provisions of this Agreement Article VI will apply to (i) any sale by a the Shareholder of shares of Capital Stock in a bona fide underwritten public offering under the Securities Act, so long as all Holders have had an opportunity to participate in such offering pursuant to the registration rights under this AgreementAgreement or (ii) any sale of the Xxxxxxxx Preferred Stock or the Pecks Common Stock.

Appears in 1 contract

Samples: Shareholder Agreement (Massic Tool Mold & Die Inc)

Rights of Co-Sale. In the event that any Shareholder intends to sell or transfer, directly or indirectly, any shares of any class of Capital Stock held by it to any Person other than a Related Party, each Holder will have the right to participate in such sale or transfer on the terms set forth in this Article VI; provided, however, none of the provisions of this Agreement will apply to any sale by a Shareholder of shares of Capital Stock in a bona fide underwritten public offering under the Securities Act, so long as all Holders have had an opportunity to participate in such offering pursuant to the registration rights under this Agreement.

Appears in 1 contract

Samples: Priority Shareholder Agreement (Jotan Inc)

Rights of Co-Sale. In the event that any the Shareholder intends to sell or transfer, directly or indirectly, transfer any shares of any class of Capital Stock held in excess of the amount of Permitted Sales beneficially owned by it him to any Person other than a Related Party, directly or indirectly, each Holder will have the right to participate in such sale or transfer on the terms set forth in this Article VIbelow; provided, however, none of the provisions of this Agreement will apply to any sale by a the Shareholder of shares of Capital Stock in a bona fide underwritten public offering under the Securities Act, so long as all Holders have had an opportunity to participate in such offering pursuant to the registration rights under this Agreement.as

Appears in 1 contract

Samples: Warrant Purchase Agreement (Ultrak Inc)

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Rights of Co-Sale. In the event that any Shareholder intends to ----------------- sell or transfer, directly or indirectly, any shares of any class of Capital Stock held by it to any Person other than a Related Party, each Holder will have the right to participate in such sale or transfer on the terms set forth in this Article VI; provided, however, none of the provisions of this Agreement will ---------- -------- ------- apply to any sale by a Shareholder of shares of Capital Stock in a bona fide underwritten public offering under the Securities Act, so long as all Holders have had an opportunity to participate in such offering pursuant to the registration rights under this Agreement.

Appears in 1 contract

Samples: Shareholder Agreement (Rice Partners Ii L P)

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