Common use of Rights of Co-Sale Clause in Contracts

Rights of Co-Sale. (a) Co-Sale Right. Until such time as the Company does an underwritten public offering raising at least $10,000,000.00, neither Empire National II, LLC, Charxxx X. Xxxxx, Xxffxxx X. Xxxx, Xxmexxx Xxxxxx, xxr Janixx X. Xxxeze (individually a "Selling Shareholder" and collectively the "Selling Shareholders") shall enter into any transaction that would result in the sale by it of any Common Stock now or hereafter owned by it, unless prior to such sale the Selling Shareholder shall give notice to Holder of 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 its best efforts to cause to be included with the shares to be sold by 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.

Rights of Co-Sale. (a) Co-Sale Right. Until such time as the Company does completes an underwritten public offering raising at least $10,000,000.00, neither Empire National II, LLC, Charxxx X. Xxxxx, Xxffxxx X. Xxxx, Xxmexxx Xxxxxx, xxr Janixx X. Xxxeze (individually a "Selling Shareholder" and collectively the "Selling Shareholders") shall enter into any transaction that would result in the sale by it of any Common Stock now or hereafter owned by it, unless prior to such sale the Selling Shareholder shall give notice to Holder of 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 its best efforts to cause to be included with the shares to be sold by 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.

Rights of Co-Sale. Prior to the completion of an Qualified Public Offering of the Company's Common Stock, the following shall apply: (a) Co-Sale Right. Until such time as the Company does an underwritten public offering raising at least $10,000,000.00None of Drew Xxxxxxx, neither Empire National II, LLC, Charxxx X. Xxxxx, Xxffxxx X. Xxxx, Xxmexxx Xxxxxx, xxr Janixx X. Xxxeze Xxevx Xxxxxx xx Henrx Xxxxxx (individually a xxe "Selling Shareholder" and collectively the "Selling Management Shareholders") shall enter into any transaction that would result in the sale by it of any Common Stock now or hereafter owned by it, unless prior to such sale the Selling such Management Shareholder shall give notice to Holder of 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 such Management 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 such Management Shareholder to use its his best efforts to cause to be included with the shares to be sold by 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.

Rights of Co-Sale. (a) Co-Sale Right. Until such time as Prior to an IPO and excluding any sale pursuant to the Company does an underwritten public offering raising at least $10,000,000.00exemptions set forth in Rule 144 promulgated under the Securities Act, neither Empire National II, LLC, Charxxx X. Xxxxx, Xxffxxx Clydx X. Xxxx, Xxmexxx XxxxxxXXI, xxr Janixx John X. Xxxeze Xxxxxxx xxx Richxxx X. Xxxxxx (individually xxdividually a "Selling Shareholder" and collectively the "Selling Shareholders") shall enter into any transaction that would result in the sale by it him of any Common Stock now or hereafter owned by ithim, unless prior to such sale the Selling Shareholder shall give notice to Holder of its 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 its his best efforts to cause to be included with the shares to be sold by it 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.