Common use of Sell Option Clause in Contracts

Sell Option. If all of the Offered Stock has not been acquired by AMN or its designee or the Company, the Selling Stockholder(s) shall have the right to sell such Stock to the Third Party Offeror on the terms and conditions of the Third Party Offer; provided, that any such sale must be consummated within 45 calendar days of the date of the Offering Notice; provided however, that if compliance with the Harx-Xxxxx-Xxxxxx Xxtitrust Improvements Act of 1976 is necessary to consummate such sale, the 45-day period may be extended to the end of the waiting period thereunder (but in no event to more than 75 calendar days after the date of the Offering Notice). In the event that such sale is not consummated within such 45-day period (as extended if applicable) for any reason, then the restrictions provided for herein shall again become effective, and no transfer of such Offered Stock may be made thereafter by such Selling Stockholder(s) without again complying with this Section 8(b)(iii).

Appears in 5 contracts

Samples: Option Grants (Amn Healthcare Services Inc), Option Grants (Amn Healthcare Services Inc), Option Grants (Amn Healthcare Services Inc)

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Sell Option. If all of the Offered Stock has not been acquired by AMN or its designee or the Company, the Selling Stockholder(s) shall have the right to sell such Stock to the Third Party Offeror on the terms and conditions of the Third Party Offer; provided, that any such sale must be consummated within 45 calendar days of the date of the Offering Notice; provided however, that if compliance with the Harx-Xxxxx-Xxxxxx Xxtitrust Improvements Act of 1976 is necessary to consummate such sale, the 45-day period may be extended to the end of the waiting period thereunder (but in no event to no more than 75 calendar days after the date of the Offering Notice). In the event that such sale is not consummated within such 45-day period (as extended if applicable) for any reason, then the restrictions provided for herein shall again become effective, and no transfer of such Offered Stock may be made thereafter by such Selling Stockholder(s) without again complying with this Section 8(b)(iii).

Appears in 1 contract

Samples: Option Grants (Amn Healthcare Services Inc)

Sell Option. If all of the Offered Stock has not been acquired by AMN or its designee or the Company, the Selling 6 6 Stockholder(s) shall have the right to sell such Stock to the Third Party Offeror on the terms and conditions of the Third Party Offer; provided, that any such sale must be consummated within 45 calendar days of the date of the Offering Notice; provided however, that if compliance with the Harx-Xxxxx-Xxxxxx Xxtitrust Improvements Act of 1976 is necessary to consummate such sale, the 45-day period may be extended to the end of the waiting period thereunder (but in no event to more than 75 calendar days after the date of the Offering Notice). In the event that such sale is not consummated within such 45-day period (as extended if applicable) for any reason, then the restrictions provided for herein shall again become effective, and no transfer of such Offered Stock may be made thereafter by such Selling Stockholder(s) without again complying with this Section 8(b)(iii).

Appears in 1 contract

Samples: Stock Option Agreement (Amn Healthcare Services Inc)

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Sell Option. If all of the Offered Stock has not been acquired by AMN or its designee or the Company, the Selling Stockholder(s) shall have the right to sell such Stock to the Third Party Offeror on the terms and conditions of the Third Party Offer; , provided, that any such sale must be consummated within 45 calendar days of the date of the Offering Notice; provided however, that if compliance with the Harx-Xxxxx-Xxxxxx Xxtitrust Improvements Act of 1976 is necessary to consummate such sale, the 45-day period may be extended to the end of the waiting period thereunder (but in no event to more than 75 calendar days after the date of the Offering Notice). In the event that such sale is not consummated within such 45-day period (as extended if applicable) for any reason, then the restrictions provided for herein shall again become effective, and no transfer of such Offered Stock may be made thereafter by such Selling Stockholder(s) without again complying with this Section 8(b)(iii).

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Amn Healthcare Services Inc)

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