Common use of Sale after Notice Clause in Contracts

Sale after Notice. After lapse of the Notice Period, the Selling Investors may sell to one or more purchasers the number of shares of Common Stock covered by the Purchase Notice, reduced to the extent that the Co-Sellers elect to participate, at a price equal to or less than the price specified in the Purchase Notice and on terms no more favorable to the Selling Investors than those specified in the Purchase Notice; provided that the price to be paid by such purchasers to the Co-Sellers shall equal the price specified in the Purchase Notice. In the event the shares of Common Stock covered by the Purchase Notice are not disposed of within ninety (90) days following the lapse of the Notice Period, then they shall once again be subject to the rights set forth in this Section 2.