Sales by a Founder Sample Clauses

Sales by a Founder. (a) Before a Founder attempts to transfer any Co-Sale Shares in one or more transactions, such Founder shall promptly notify all Purchasers and the Company of the terms and conditions of the transaction at least twenty (20) days prior to the proposed closing date of the transaction.
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Sales by a Founder. (a) If any Founder proposes to sell, assign or otherwise transfer any Shares in any transaction or series of related transactions that will result in the transfer of 50,000 or more Shares, then such Founder shall promptly give written notice (the "Notice") to the Company, which will in turn give written notice to each Shareholder, at least 20 business days prior to the closing of such sale or transfer. The Notice shall describe in reasonable detail the terms and conditions of the proposed sale or transfer including, without limitation, the type and number of Shares to be sold, assigned or otherwise transferred, the nature of such sale, assignment or transfer, the consideration to be paid, and the name and address of each prospective purchaser, assignee or transferee. In the event that the sale, assignment or transfer is being made pursuant to the provisions of paragraphs 3(a) or 3(b) hereof, the Notice shall state under which paragraph the sale, assignment or transfer is being made.
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Sales by a Founder. 3.1 If any Founder (the "Selling Founder") proposes to sell or transfer any shares of Stock in one or more related transactions which will result in (i) the transfer of 10,000 or more shares of Stock by such Founder or (ii) the transferee of such shares holding more than fifty percent (50%) of the Common Stock, then, subject to any right of first refusal or repurchase right in any agreements which the Founders may have with Acusphere, such Founder shall promptly give written notice (the "Notice") to Acusphere, the Investors and the other Founders at least twenty (20) days prior to the closing of such sale or transfer. The Notice shall describe in reasonable detail the proposed sale or transfer including, without limitation, the number of shares of Stock to be sold or transferred, the nature of such sale or transfer, the consideration to be paid, and the name and address of each prospective purchaser or transferee. In the event that the sale or transfer is being made pursuant to the provisions of paragraph 4.1 or 4.2 hereof, the Notice shall state under which paragraph the sale or transfer is being made.
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Sales by a Founder 
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Related to Sales by a Founder

  • Transfer by a Lender Subject to Clause 26.4, a Lender (the “Transferor Lender”) may at any time cause:

  • Sales of Shares by the Fund The Fund reserves the right to issue shares at any time directly to its shareholders as a stock dividend or stock split and to sell shares to its shareholders or to other persons approved by Xxxxxx at not less than net asset value.

  • Sales of Shares by the Trust In addition to sales by the Distributor, the Trust reserves the right to issue shares at any time directly to its shareholders as a stock dividend or stock split or to sell shares to its shareholders or other persons at not less than net asset value to the extent that the Trust, its officers, or other persons associated with the Trust participate in the sale, or to the extent that the Trust or the transfer agent for its shares receive purchase requests for shares.

  • Payments by Assignor Assignor agrees to pay the Agent on the Assignment Date the registration fee required by §18.2 of the Credit Agreement.

  • Conversion of Multiple Notes by a Single Holder If a Holder converts more than one (1) Note on a single Conversion Date, then the Conversion Consideration due in respect of such conversion will (in the case of any Global Note, to the extent permitted by, and practicable under, the Depositary Procedures) be computed based on the total principal amount of Notes converted on such Conversion Date by such Holder.

  • Sale of Shares by the Fund Unless you are otherwise notified by the Fund, any right granted to you to accept orders for Shares or to make sales on behalf of the Fund or to purchase Shares for resale will not apply to (i) Shares issued in connection with the merger or consolidation of any other investment company with the Fund or its acquisition, by purchase or otherwise, of all or substantially all of the assets of any investment company or substantially all the outstanding shares of any such company, and (ii) to Shares that may be offered by the Fund to shareholders of the Fund by virtue of their being such shareholders.

  • Sales of Shares The Dealer Manager shall, and each Soliciting Dealer shall agree to, solicit purchases of the Shares only in the jurisdictions in which the Dealer Manager and such Soliciting Dealer are legally qualified to so act and in which the Dealer Manager and each Soliciting Dealer have been advised by the Company in writing that such solicitations can be made.

  • Compensation for Sales of Fund Shares a. In consideration of your making Class F-1 shares of the Funds available through the Program, we will pay you compensation on a quarterly basis at the annual rate of 0.25% of the average daily net asset value of Class F-1 shares of Funds listed on Schedule A that are held in an account assigned to you. Such fee shall be paid within 30 days following the end of the quarter for which such fees are payable (currently the quarters are February, May, August and November). In order to receive a service fee for a particular quarter, the fee must amount to at least $10. The payment of this compensation is subject to the limitations contained in each Fund’s Plan of Distribution and may be varied or discontinued at any time. No compensation shall be paid under this Agreement on Class F-2 shares of the Funds.

  • Payment of Expenses by Shareholders The Trustees shall have the power, as frequently as they may determine, to cause each Shareholder, or each Shareholder of any particular Series or Class, to pay directly, in advance or arrears, for charges of the Trust’s custodian or transfer, shareholder servicing or similar agent, an amount fixed from time to time by the Trustees, by setting off such charges due from such Shareholder from declared but unpaid dividends owed such Shareholder and/or by reducing the number of Shares in the account of such Shareholder by that number of full and/or fractional Shares which represents the outstanding amount of such charges due from such Shareholder.

  • By the Executive Other than for Good Reason The Executive may terminate his employment hereunder at any time upon thirty (30) days’ notice to the Company. In the event of termination of the Executive pursuant to this Section 5(f), the Board may elect to waive the period of notice, or any portion thereof, and, if the Board so elects, the Company will pay the Executive his Base Salary for the first thirty (30) days of the notice period (or for any remaining portion of that period). The Company shall have no further obligation to the Executive, other than for any Final Compensation due to him.

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