Common use of Stock and Option Agreements Clause in Contracts

Stock and Option Agreements. Without the prior written consent or vote of the holders of two-thirds of the then-outstanding Preferred Stock, calculated in accordance with Section A.6(a) of Article III of the Certificate (including in such calculation any outstanding Restricted Shares held by such holders), the Corporation shall not issue any shares of Common Stock or options, warrants or other rights to acquire Common Stock or other securities of the Corporation to any employee, officer, director, consultant, independent contractor or other person or entity except for Excluded Securities.

Appears in 2 contracts

Samples: Stockholders’ Agreement, Stockholders’ Agreement (Proteostasis Therapeutics, Inc.)

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Stock and Option Agreements. Without the prior written consent or vote of the holders of two-thirds a majority of the then-then outstanding Preferred StockShares, calculated determined in accordance with Section A.6(aA.5(a) of Article III of the Certificate (including including, in such calculation calculation, any outstanding Restricted Shares held by such holders), the Corporation shall not issue any shares of Common Stock or options, warrants or other rights to acquire Common Stock or other securities of the Corporation to any employee, officer, director, consultant, independent contractor or other person or entity except for Excluded Securities.

Appears in 2 contracts

Samples: Stockholders' Agreement (Osi Pharmaceuticals Inc), Stockholders' Agreement (Osi Pharmaceuticals Inc)

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Stock and Option Agreements. Without the prior written consent or vote of the holders of two-thirds Investors holding a majority of the then-outstanding Series A Preferred StockStock held by all Investors, calculated determined in accordance with Section A.6(a6(a) of Article III of the Certificate (including including, in such calculation calculation, any outstanding Restricted Shares held by such holders), the Corporation shall not issue any shares of Common Stock or options, warrants or other rights to acquire Common Stock or other securities of the Corporation to any employee, officer, director, consultant, independent contractor or other person or entity except for Excluded Securities.

Appears in 1 contract

Samples: Stockholders' Agreement (Orasure Technologies Inc)

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