Stockholder Acceptance Clause Samples

Stockholder Acceptance. Each of the Stockholders shall have the right to exercise its Co-Sale Option by giving written notice of such intent to participate (the “Co-Sale Acceptance Notice”) to the Transferor within ten (10) days after receipt by such Stockholder of the Co-Sale Notice (the “Co-Sale Election Period”). Each Co-Sale Acceptance Notice shall indicate the maximum number of Shares subject thereto which the Stockholder wishes to sell, including the number of Shares it would sell if one or more other Stockholders do not elect to participate in the sale on the terms and conditions stated in the Offer Notice.

Stockholder Acceptance. Section 5.3 Calculation of Pro Rata Allot

Stockholder Acceptance. If the Company does not elect to purchase all of the Offered Securities, then for a period of fifteen (15) business days following expiration of the Company Acceptance Period (the “Stockholders Acceptance Period”), the Other Stockholders may elect to purchase all or any portion of the Offered Securities not being purchased by the Company pursuant to Section 3(b)(ii), upon the same terms and conditions as those set forth in the Offer Notice by delivering written notice of such election to the Transferring Stockholder, the Company and the Other Stockholders prior to the expiration of the Stockholders Acceptance Period. If more than one Other Stockholder elects to purchase such Offered Securities or if the total number of Offered Securities elected to be purchased exceeds the number of Offered Securities to be sold, then the Offered Securities to be sold shall be allocated among the Other Stockholders pro rata according to the respective Stockholder Shares held by each Other Stockholder electing to purchase, expressed as a percentage of the total number of Stockholder Shares held by all Other Stockholders electing to purchase.

Stockholder Acceptance. Section 5.3 Calculation of Pro Rata Allotment Section 5.4 Sale to Third Party Section 5.5 Exceptions to Pre-emptive Rights SECTION VI - ELECTION OF DIRECTORS Section 6.1 Board Composition Section 6.2 Board Observer Rights SECTION VII - COVENANTS OF THE COMPANY Section 7.1 Financial Statements, Reports, Etc Section 7.2 Corporate Existence Section 7.3 Properties, Business Insurance Section 7.4 Key Person Insurance Section 7.5 Inspection, Consultation and Advice

Stockholder Acceptance. Amun may elect to purchase up to one hundred percent (100%) of the securities so offered by giving written notice thereof to the Company within such ten (10) calendar day period, including in such written notice the maximum number of shares of capital stock or other securities of the Company that Amun wishes to purchase. Any securities purchased by Amun pursuant to this Article V will be subject to the rights and obligations set forth in this Agreement.