Common use of Take-Along Rights Clause in Contracts

Take-Along Rights. (a) Notwithstanding Section 1.3 of this Agreement, neither Shareholder may effect a Transfer (or a series of related Transfers) of Shares (except for Transfers permitted by Section 1.2) constituting more than 50% of the Shares then owned by such Shareholder to one person or a related group of persons (other than Transfers effected by sales of Shares through underwriters in a public offering or in the securities markets generally) (the "Section 1.4

Appears in 3 contracts

Samples: Indemnification Agreement (Rhi Holdings Inc), Indemnification Agreement (Fairchild Corp), Indemnification Agreement (Fairchild Industries Inc /De/)

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Take-Along Rights. (a) Notwithstanding Section 1.3 of this Agreement, neither Shareholder may effect a Transfer (or a series of related Transfers) of Shares (except for Transfers permitted by Section 1.2) constituting more than 50% of the Shares then owned by such Shareholder to one person or a related group of persons (other than Transfers effected by sales of Shares through underwriters in a public offering or in the securities markets generally) (the "Section 1.4a

Appears in 1 contract

Samples: Shareholders' Agreement (Shared Technologies Inc)

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