Common use of Sale Notice Clause in Contracts

Sale Notice. At least 30 days before any of the Investors (whether acting alone or jointly with one or more of the other Investors) consummates a sale of more than 50.01% of the Common Stock collectively owned by the Investors as of the Effective Date to a Third-Party Buyer, the Company will deliver a written notice (the “Sale Notice”) to the Employee. The Sale Notice will disclose the material terms and conditions of the proposed sale or transfer, including the number of shares of Common Stock that the prospective transferee is willing to purchase, the proposed purchase price per share and the intended consummation date of such sale.

Appears in 4 contracts

Samples: Employee Stock Subscription Agreement (Servicemaster Co), Employee Stock Subscription Agreement (Servicemaster Co), Employee Stock Subscription Agreement (Servicemaster Co)

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Sale Notice. At least 30 days before any of the Investors (whether acting alone or jointly with one or more of the other Investors) consummates a sale or Transfer (including, without limitation, by way of stock sale, merger, consolidation or otherwise) to a Third-Party Buyer of more than (i) 50.01% of the Common Stock collectively owned by the Investors as of the Effective Date to a Date, or (ii) such number of shares of Common Stock as would make such Third-Party BuyerBuyer the Company’s largest shareholder, the Company will deliver a written notice (the “Sale Notice”) to the Employee. The Sale Notice will disclose the material terms and conditions of the proposed sale or transfer, including the number of shares of Common Stock that the prospective transferee is willing to purchase, the proposed purchase price per share and the intended consummation date of such sale.

Appears in 4 contracts

Samples: Employee Stock Subscription Agreement (PharMEDium Healthcare Holdings, Inc.), Employee Stock Subscription Agreement (PharMEDium Healthcare Holdings, Inc.), Employee Stock Option Agreement (PharMEDium Healthcare Holdings, Inc.)

Sale Notice. At least 30 days before any of the Investors (whether acting alone or jointly with one or more of the other Investors) consummates a any sale of more than 50.0130% of the Common Stock Shares collectively owned by the Investors as of the Effective Closing Date to a Third-Party Buyer, the Company will deliver a written notice (the "Sale Notice") to the Employee. The Sale Notice will disclose the material terms and conditions of the proposed sale or transfer, including the number of shares of Common Stock Shares that the prospective transferee is willing to purchase, the proposed purchase price per share and the intended consummation date of such sale.

Appears in 2 contracts

Samples: Employee Stock Subscription Agreement (RSC Holdings Inc.), Employee Stock Subscription Agreement (RSC Holdings III, LLC)

Sale Notice. At least 30 days before any of the Investors (whether acting alone or jointly with one or more of the other Investors) consummates a any sale of more than 50.01% of the Common Stock Shares collectively owned by the Investors as of the Effective Date to a Third-Party Buyer, the Company will deliver a written notice (the “Sale Notice”) to the Employee. The Sale Notice will disclose the material terms and conditions of the proposed sale or transfer, including the number of shares of Common Stock Shares that the prospective transferee is willing to purchase, the proposed purchase price per share and the intended consummation date of such sale.

Appears in 2 contracts

Samples: Employee Stock Subscription Agreement (Hertz Corp), Employee Stock Subscription Agreement (Hertz Corp)

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Sale Notice. At least 30 days before any of the Investors (whether acting alone or jointly with one or more of the other Investors) consummates a any sale of more than 50.0130% of the Common Stock Shares collectively owned by the Investors as of the Effective Closing Date to a Third-Party Buyer, the Company will deliver a written notice (the “Sale Notice”) to the Employee. The Sale Notice will disclose the material terms and conditions of the proposed sale or transfer, including the number of shares of Common Stock Shares that the prospective transferee is willing to purchase, the proposed purchase price per share and the intended consummation date of such sale.

Appears in 2 contracts

Samples: Employee Stock Subscription Agreement (RSC Equipment Rental, Inc.), Separation and Release Agreement (RSC Holdings Inc.)

Sale Notice. At least 30 days before any of the Investors (whether acting alone or jointly with one or more of the other Investors) consummates a sale of more than 50.01% of the Common Stock collectively owned by the Investors as of the Effective Date to a Third-Party Buyer, the Company will deliver a written notice (the “Sale Notice”) to the EmployeeDirector. The Sale Notice will disclose the material terms and conditions of the proposed sale or transfer, including the number of shares of Common Stock that the prospective transferee is willing to purchase, the proposed purchase price per share and the intended consummation date of such sale.

Appears in 2 contracts

Samples: Director Restricted Stock Agreement (Servicemaster Global Holdings Inc), Director Stock Subscription Agreement (Servicemaster Co, LLC)

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