Common use of Stockholder Sale Notice Clause in Contracts

Stockholder Sale Notice. In the event that Xxxxxx ----------------------- negotiates a Bona Fide Offer, Xxxxxx shall give to the other Stockholders a written notice (the "Stockholder Sale Notice") setting forth as to each Person to whom the sale is proposed to be made: (a) the name and address of that Person and, if that Person is a corporation or other entity, the owners of 10% or more thereof; (b) the number of Offered Shares proposed to be sold to that Person; (c) the manner in which the sale is proposed to be made; and (d) the price at which and the material terms upon which the sale is proposed to be made.

Appears in 2 contracts

Samples: Stockholders Agreement (Lee Robert Y), Override Agreement (Video City Inc)

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Stockholder Sale Notice. In the event that Xxxxxx ----------------------- negotiates a ----------------------- Bona Fide Offer, Xxxxxx shall give to the other Stockholders a written notice (the "Stockholder Sale Notice") setting forth as to each Person to whom the sale is proposed to be made: (a) the name and address of that Person and, if that Person is a corporation or other entity, the owners of 10% or more thereof; (b) the number of Offered Shares proposed to be sold to that Person; (c) the manner in which the sale is proposed to be made; and (d) the price at which and the material terms upon which the sale is proposed to be made.

Appears in 1 contract

Samples: Stockholders Agreement (Video City Inc)

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Stockholder Sale Notice. In the event that Xxxxxx ----------------------- negotiates Ingrxx xxxotiates a Bona Fide Offer, Xxxxxx shall Ingrxx xxxll give to the other Stockholders a written notice (the "Stockholder Sale Notice") setting forth as to each Person to whom the sale is proposed to be made: (a) the name and address of that Person and, if that Person is a corporation or other entity, the owners of 10% or more thereof; (b) the number of Offered Shares proposed to be sold to that Person; (c) the manner in which the sale is proposed to be made; and (d) the price at which and the material terms upon which the sale is proposed to be made.

Appears in 1 contract

Samples: Stockholders Agreement (Ingram Entertainment Inc)

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