Rights of Co-Sale. Prior to the completion of a Qualified Public ----------------- Offering (as hereinafter defined) the following shall apply: (a) Co-Sale Right. Neither Xxxx X. Xxxxx, Xxxxxx X. Xxxxxxxxx, nor ------------- Xxxx X. Xxxxx (individually a "Selling Shareholder" and collectively the "Selling Shareholders") shall enter into any transaction that would result in the sale by him of any Common Stock now or hereafter owned by him, unless prior to such sale the Selling Shareholder shall give notice to Holder of his intention to effect such sale in order that Holder may exercise its rights under this Section 12 as hereinafter described. Such notice shall set forth (i) the number of shares to be sold by the Selling Shareholder, (ii) the principal terms of the sale, including the price at which the shares are intended to be sold, and (iii) an offer by the Selling Shareholder to use his best efforts to cause to be included with the shares to be sold by him in the sale, on a share-by-share basis and on the same terms and conditions, the Shares issuable or issued to Holder pursuant this Warrant.
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Samples: Stock Purchase Warrant (M2direct Inc), Stock Purchase Warrant (M2direct Inc)
Rights of Co-Sale. Prior to the completion of a Qualified Public ----------------- Offering (as hereinafter defined) the following shall apply:
(a) Co-Sale Right. Neither Xxxx X. Xxxxx, Xxxxxx X. XxxxxxxxxXxxxxxxx, Xxxxx Family Partnership, J. Xxxxx Xxxxxx, Xxx X. Xxxxxx, III, nor ------------- Xxxx Xxxxxxx X. Xxxxx (individually a "Selling Shareholder" and collectively the "Selling Shareholders") shall enter into any transaction that would result in the sale by him it of any Common Stock now or hereafter owned by himit, unless prior to such sale the Selling Shareholder shall give notice to Holder of his its intention to effect such sale in order that Holder may exercise its rights under this Section 12 as hereinafter described. Such notice shall set forth (i) the number of shares to be sold by the Selling Shareholder, (ii) the principal terms of the sale, including the price at which the shares are intended to be sold, and (iii) an offer by the Selling Shareholder to use his its best efforts to cause to be included with the shares to be sold by him it in the sale, on a share-by-share basis and on the same terms and conditions, the Shares issuable or issued to Holder pursuant this Warrant.
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Samples: Loan Agreement (Data National Corp)
Rights of Co-Sale. Prior to the completion of a Qualified Public ----------------- Offering (as hereinafter defined) the following shall apply:
(a) Co-Sale Right. Neither Prior to an IPO and excluding any sale pursuant to the exemptions set forth in Rule 144 promulgated under the Securities Act, neither Xxxxx X. Xxxx, III, Xxxx X. Xxxxx, Xxxxxxx nor Xxxxxxx X. Xxxxxx X. Xxxxxxxxx, nor ------------- Xxxx X. Xxxxx (individually a "Selling Shareholder" and collectively the "Selling Shareholders") shall enter into any transaction that would result in the sale by him of any Common Stock now or hereafter owned by him, unless prior to such sale the Selling Shareholder shall give notice to Holder of his intention to effect such sale in order that Holder may exercise its rights under this Section 12 13 as hereinafter described. Such notice shall set forth (i) the number of shares to be sold by the Selling Shareholder, (ii) the principal terms of the sale, including the price at which the shares are intended to be sold, and (iii) an offer by the Selling Shareholder to use his best efforts to cause to be included with the shares to be sold by him in the sale, on a share-by-share basis and on the same terms and conditions, the Shares issuable or issued to Holder pursuant this Warrant.
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Samples: Stock Purchase Warrant (Tanners Restaurant Group Inc)