Common use of Take-Along Rights Clause in Contracts

Take-Along Rights. If an offeror desires to purchase all of the outstanding shares of Common Stock and if the owners of at least 50% of the outstanding shares desire to make such sale, the Optionee agrees to sell all of his or her shares to such offeror on the terms and conditions approved by the owners of at least 50% of the outstanding shares.

Appears in 7 contracts

Samples: Stock Option Agreement (Gulfstream International Group Inc), Director Nonqualified Stock Option Agreement (Build a Bear Workshop Inc), Nonqualified Stock Option Agreement (Build a Bear Workshop Inc)

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Take-Along Rights. If an offeror desires to purchase all of the outstanding shares of Common Stock and if the owners of at least 50% of the outstanding shares desire to make such sale, the Optionee Participant agrees to sell all of his or her shares to such offeror on the terms and conditions approved by the owners of at least 50% of the outstanding shares.

Appears in 4 contracts

Samples: 2004 Stock Incentive Plan (Build a Bear Workshop Inc), 2004 Stock Incentive Plan (Build a Bear Workshop Inc), 2004 Stock Incentive Plan (Build a Bear Workshop Inc)

Take-Along Rights. If an offeror desires to purchase all of the issued and outstanding shares of Common Stock capital stock ("Capital Stock") and if the owners of at least 50% of the outstanding shares Capital Stock desire to make such sale, the Optionee agrees to sell all of his or her shares to such offeror on the terms and conditions approved by the owners of at least 50% of the outstanding sharesCapital Stock.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Build a Bear Workshop Inc)

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Take-Along Rights. If an offeror Offeror desires to purchase all of the outstanding shares of Common Stock and if the owners of at least 50% of the outstanding shares desire to make such sale, the Optionee Participant agrees to sell all of his or her shares to such offeror Offeror on the terms and conditions approved by the owners of at least 50% of the outstanding shares.

Appears in 1 contract

Samples: Stock Incentive Plan (Gulfstream International Group Inc)

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