Rights to Subscribe Clause Samples

Rights to Subscribe. If any securities of the Company shall be offered for subscription to the Beneficiary, the Trustees shall promptly mail a copy of the notice of such offer to the Beneficiary. Upon receipt by the Trustees of a request from the Beneficiary to subscribe on the Beneficiary's behalf, accompanied by the sum of money required to be paid for such securities, at least ten (10) days prior to the last date fixed by the Company for subscription, the Trustees shall make the subscription and payment on behalf of the Beneficiary. Upon receiving from the Company the certificates for the subscribed for securities, the Trustees may retain securities having voting power as that term is used in Section 3(b) hereof, or, may deliver securities other than securities having such voting power, to the Beneficiary.

Rights to Subscribe. In case any securities of the Company shall be offered for subscription to the holders of stock held by the Trustee under this Agreement, the Trustee, promptly upon receipt of notice of such offer, shall mail a copy thereof to the Beneficiary. Upon receipt by the Trustee, two (2) days (or any shorter time if this is feasible) prior to the last date fixed by the Company for subscription, of a request from the Beneficiary of any Certificate to subscribe in its behalf, accompanied by the sum of money (in immediately available funds) required to be paid for such securities, the Trustee shall make such subscription and payment on behalf of the Beneficiary, and upon receiving from the Company the certificates for the securities so subscribed for, the Trustee shall deliver the same to the Beneficiary, unless such securities be voting stock or securities convertible into voting stock, in which case the Trustee shall issue to the Beneficiary a Certificate in respect thereof, and such securities shall be held by the Trustee for the benefit of the Beneficiary subject to the terms of this Agreement.

Rights to Subscribe. If at any time the Company grants, to the holders of its Stock, rights to subscribe pro rata for additional shares of Stock or for any other securities of the Company or of any other corporation, there shall then be reserved with respect to the number of shares subject to the Option, the Stock or other securities for which Patr▇▇▇ ▇▇▇ld have been entitled to subscribe if immediately prior to such gran▇ ▇▇▇▇▇▇▇ ▇▇▇ exercised his entire Option. If, upon exercise of the Option, Patr▇▇▇ ▇▇▇scribes for the additional Stock or other securities, the Option Price shall be increased by the amount of the price that would have been payable by Patr▇▇▇ ▇▇▇ such additional Stock or other securities.

Rights to Subscribe. If any securities of the Company shall be offered for subscription to the Beneficiary or Beneficiaries that relate to the Shares subject to the terms hereof, the Trustee, promptly upon receipt of notice of such offer, shall mail a copy thereof to the Beneficiary or Beneficiaries. Upon receipt by the Trustee, at least three (3) days prior to the last date fixed by the Company for subscription, of a request from the Beneficiary or any of the Beneficiaries to subscribe in such person's behalf, accompanied by the sum of money required to be paid for such securities, the Trustee shall make such subscription and payment on behalf of the Beneficiary or Beneficiaries, and upon receiving from the Company the certificates for the securities so subscribed for, shall issue to the Beneficiary or Beneficiaries, as may be the case, a Certificate in respect thereof if the same are securities having voting rights as that term is used in Section 3(b) hereof, or, if the same be securities other than securities having such voting rights, the Trustee shall deliver the same to the Beneficiary or Beneficiaries in whose behalf the subscription was made. If any subscription rights are not exercised by the Beneficiary or any of the Beneficiaries entitled thereto, the Trustee may subscribe and pay for the new securities on behalf of any other Beneficiaries (to the extent there are other Beneficiaries) desiring the same who shall comply with the provisions of this Section 5 or may, in his discretion, sell such rights and distribute the proceeds of such sale to the Beneficiary or Beneficiaries entitled thereto.

Rights to Subscribe. Until such time as a Public Offering ------------------- has been consummated, except with respect to Exempt Issuances (as defined below), if the

Rights to Subscribe. If at any time RNET grants to the holders of its Common Stock generally rights to subscribe pro rata for additional shares thereof or for any other securities of RNET or any other corporation at a price below the then fair market value thereof, then there shall be added to the number of shares subject to the Option the number of shares of Common Stock or other securities that Option Holder would have been entitled to subscribe for if, immediately prior to such grant, Option Holder had exercised the Option in full, and the Option Price shall be increased by the amount of the price that would have been payable by Option Holder for such Common Stock or other securities.

Rights to Subscribe. If the Company shall at any time grant to the holders of its Common Stock rights to subscribe PRO RATA for additional shares thereof or for any other securities of the Company or of any other corporation, there shall be added to the number of shares underlying this option the Common Stock or other securities which the Optionee would have been entitled to subscribe for if immediately prior to such grant the Optionee had exercised his entire option, and the option price shall be increased by the amount which would have been payable by the Optionee for such Common Stock or other securities.

Rights to Subscribe