Common use of Shareholders’ Option to Purchase Clause in Contracts

Shareholders’ Option to Purchase. If for any reason the Company ------------------------------- does not exercise its option to purchase all of said Article 9 Shares, then the Company shall give each of the remaining Shareholders prompt written notice specifying the number of Article 9 Shares not purchased by the Company and other relevant information. Each of the remaining Shareholders shall have the option to purchase that portion of the Article 9 Shares not purchased by the Company that the number of Shares held by it or him bears to the number of Shares held by all Shareholders electing to purchase the Article 9

Appears in 1 contract

Samples: Shareholder Agreement (Korn Ferry International)

AutoNDA by SimpleDocs

Shareholders’ Option to Purchase. If for any reason the Company does ------------------------------- does not exercise its option to purchase all of said Article 9 8 Shares, then the Company shall give each of the remaining Shareholders prompt written notice specifying the number of Article 9 8 Shares not purchased by the Company and other relevant information. Each of the remaining Shareholders shall have the option to purchase that portion of the Article 9 8 Shares not purchased by the Company that the number of Shares held by it or him bears to the number of Shares held by all Shareholders electing to purchase the Article 98

Appears in 1 contract

Samples: Shareholder Agreement (Korn Ferry International)

Shareholders’ Option to Purchase. If for any reason the Company ------------------------------- does not exercise its option to purchase all of said Article 9 8 Shares, then the Company shall give each of the remaining Shareholders prompt written notice specifying the number of Article 9 8 Shares not purchased by the Company and other relevant information. Each of the remaining Shareholders shall have the option to purchase that portion of the Article 9 8 Shares not purchased by the Company that the number of Shares held by it or him bears to the number of Shares held by all Shareholders electing to purchase the Article 98

Appears in 1 contract

Samples: Shareholder Agreement (Korn Ferry International)

AutoNDA by SimpleDocs

Shareholders’ Option to Purchase. If for any reason the Company does ------------------------------- does not exercise its option to purchase all of said Article 9 Shares, then the Company shall give each of the remaining Shareholders prompt written notice specifying the number of Article 9 Shares not purchased by the Company and other relevant information. Each of the remaining Shareholders shall have the option to purchase that portion of the Article 9 Shares not purchased by the Company that the number of Shares held by it or him bears to the number of Shares held by all Shareholders electing to purchase the Article 9

Appears in 1 contract

Samples: Shareholder Agreement (Korn Ferry International)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!