Common use of TENDER, MERGER, CONSOLIDATION Clause in Contracts

TENDER, MERGER, CONSOLIDATION. In the event the Controlling Stockholders of the Company determine to dispose all or a portion of their shares of Common Stock in a tender, merger, consolidation or similar type of transaction, with the result that they no longer control the Company, then and in that event, Ken xxxll have the right, but not the obligation, to dispose of a proportionate number of shares of his Class A Stock in any such transaction.

TENDER, MERGER, CONSOLIDATION. In the event the Controlling Stockholders of the Company determine to dispose all or a portion of their shares of Common Stock in a tender, merger, consolidation or similar type of transaction, with the result that they no longer control the Company, then and in that event, Ken Michxxx xxxll have the right, but not the obligation, to dispose of a proportionate number of shares of his Class A Stock in any such transaction.