Common use of Termination and Waiver of Rights of First Refusal Clause in Contracts

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering or (ii) an Acquisition. Notwithstanding Section 5.5 hereof, the rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all Major Investors, or as permitted by Section 5.5.

Appears in 6 contracts

Samples: Investor Rights Agreement, Investor Rights Agreement (Personalis, Inc.), Investor Rights Agreement (Nimble Storage Inc)

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Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering Offering, which results in all outstanding shares of the Preferred Stock being converted into Common Stock, or (ii) an Acquisition. Notwithstanding Section 5.5 hereofAcquisition or Asset Transfer (each, as defined in the rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all Major Investors, or as permitted by Section 5.5Certificate).

Appears in 4 contracts

Samples: Rights Agreement, Rights Agreement, Investor Rights Agreement (Trevena Inc)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering or Offering, (ii) an AcquisitionAsset Transfer approved in accordance with the terms of the Restated Charter or (iii) an Acquisition approved in accordance with the terms of the Restated Charter. Notwithstanding Section 5.5 hereof5.5, the rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all Major Investors, or as permitted by Section 5.5.

Appears in 3 contracts

Samples: Investor Rights Agreement (Orbimed Advisors LLC), Investor Rights Agreement (Relypsa Inc), Investor Rights Agreement (Relypsa Inc)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier earliest of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering Offering, (ii) the effective date of the registration statement pertaining to the Company’s Direct Listing or (iiiii) an Acquisition. Notwithstanding Section 5.5 hereof, the rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all Major Investors, or as permitted by Section 5.55.5 (it being understood that any such amendment or waiver must apply in the same manner to all Major Investors).

Appears in 3 contracts

Samples: Investor Rights Agreement (Snowflake Inc.), Investor Rights Agreement (Snowflake Inc.), Investor Rights Agreement (Snowflake Inc.)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (ia) the effective date of the registration statement pertaining to the Company’s Qualified Initial Offering or a Registration Statement (iias defined in the Purchase Agreement), or (b) an Acquisitionupon a Liquidation Event. Notwithstanding Section 5.5 5.6 hereof, the rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all Major InvestorsRequisite Holders, or as permitted by Section 5.55.6 hereof.

Appears in 2 contracts

Samples: Investor Rights Agreement (Xencor Inc), Investor Rights Agreement (Xencor Inc)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering or (ii) an Acquisition. Notwithstanding Section 5.5 hereof, the rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities then held by all Major Investors, Investors or as permitted by Section 5.5.

Appears in 2 contracts

Samples: Investor Rights Agreement (DiCE MOLECULES HOLDINGS, LLC), Investor Rights Agreement (DiCE MOLECULES HOLDINGS, LLC)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s 's Initial Offering or (ii) an Acquisitiona Change in Control. Notwithstanding Section 5.5 hereof, the The rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Significant Investors holding at least a majority of o f the Registrable Securities then outstanding held by all Major such Significant Investors, or as permitted by Section 5.55.6 hereof.

Appears in 2 contracts

Samples: Investor Rights Agreement (Epocrates Inc), Investor Rights Agreement (Epocrates Inc)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering or (ii) upon an AcquisitionAcquisition or Asset Transfer. Notwithstanding Section 5.5 hereof, the rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding at least a majority of the Registrable Securities held by all Major Investors, or as permitted by Section 5.5.

Appears in 2 contracts

Samples: Rights Agreement, Investor Rights Agreement (Roku, Inc)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s an Initial Offering or (ii) the effective date of the registration statement pertaining to an Initial Offering or (iii) upon an Asset Transfer or Acquisition. Notwithstanding Section 5.5 hereof, the rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all Major Investors, or as permitted by Section 5.5.

Appears in 2 contracts

Samples: Rights Agreement, Investor Rights Agreement (Ruckus Wireless Inc)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier earliest of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering or Offering, (ii) an AcquisitionAcquisition or (iii) an Asset Transfer. Notwithstanding Section 5.5 hereof, the The rights of first refusal established by this Section 4 may be amended, amended or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority holders of at least 60% of the Registrable Securities then outstanding shares of Series E Preferred then held by all the Major Investors, or as permitted by Section 5.5.

Appears in 2 contracts

Samples: Investor Rights Agreement, Investor Rights Agreement (Ambit Biosciences Corp)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering or (ii) an AcquisitionOffering. Notwithstanding Section 5.5 hereof, the rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all Major Investors, or as permitted by Section 5.5.

Appears in 2 contracts

Samples: Investor Rights Agreement (Esperion Therapeutics, Inc.), Investor Rights Agreement (Esperion Therapeutics, Inc.)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering or (ii) an Acquisition. Notwithstanding Section 5.5 6.5 hereof, the rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all Major Investors, or as permitted by Section 5.56.5.

Appears in 2 contracts

Samples: Investor Rights Agreement (Talis Biomedical Corp), Investor Rights Agreement (Talis Biomedical Corp)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of the closing of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering a Qualified IPO or (ii) an Asset Sale or Acquisition. Notwithstanding Section 5.5 hereof, the rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all Major Investors, or as permitted by Section 5.5.

Appears in 2 contracts

Samples: Investor Rights Agreement, Investor Rights Agreement (Anaptysbio Inc)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering or (ii) an Acquisitiona Qualified Public Offering. Notwithstanding Section 5.5 hereof, the rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority at least fifty-five percent (55%) of the Registrable Securities held by all Major Investors, or as permitted by Section 5.5.

Appears in 2 contracts

Samples: Investor Rights Agreement (LendingClub Corp), Investor Rights Agreement (LendingClub Corp)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial a Qualified Offering or (ii) an Acquisitiona Change in Control. Notwithstanding Section 5.5 hereof, the The rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all Major Investors, or as permitted by Section 5.55.6.

Appears in 2 contracts

Samples: Investor Rights Agreement (Veraz Networks, Inc.), Investor Rights Agreement (Veraz Networks, Inc.)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) an Acquisition, or (ii) the effective date of the registration statement pertaining to the Company’s Initial Offering or (ii) an AcquisitionQualified IPO. Notwithstanding Section 5.5 hereof, the rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major A-1 Investors or Conversion Investor, as the case may be, holding a majority of the Registrable Securities held by all Major InvestorsA-1 Investors or Conversion Investor, as the case may be, or as permitted by Section 5.5.

Appears in 2 contracts

Samples: Registration Rights and Securityholder Agreement (Esperion Therapeutics, Inc.), Registration Rights and Securityholder Agreement (Esperion Therapeutics, Inc.)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Qualified Initial Offering Offering, or (ii) upon the closing of an AcquisitionAcquisition or Asset Transfer. Notwithstanding Section 5.5 hereof, the The rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all Major Investors, or as permitted by Section 5.55.6.

Appears in 2 contracts

Samples: Rights Agreement (Sonim Technologies Inc), Rights Agreement (Sonim Technologies Inc)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering Qualified IPO or (ii) an Acquisition. Notwithstanding Section 5.5 hereof, the rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all Major Investors, or as permitted by Section 5.5.

Appears in 2 contracts

Samples: Investor Rights Agreement (Cirius Therapeutics, Inc.), Investor Rights Agreement (Cirius Therapeutics, Inc.)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall 5 will not apply to, and shall will terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering or (ii) an Acquisition. Notwithstanding Section 5.5 7.5 hereof, the rights of first refusal established by this Section 4 5 may be amended, or any provision waived with and only with the written consent of the Company and the Major Founding Investors holding a majority of the Registrable Securities held by all Major Founding Investors, or as permitted by Section 5.5.

Appears in 2 contracts

Samples: Founding Investor Rights Agreement (Isis Pharmaceuticals Inc), Founding Investor Rights Agreement (Alnylam Pharmaceuticals, Inc.)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date closing of an Initial Offering that satisfies the criteria set forth in Article IV, Section 5(l)(i)(B) or (C) of the registration statement pertaining to the Company’s Initial Offering Charter or (ii) an Acquisitiona Change in Control. Notwithstanding Section 5.5 hereof, the rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all Major Investors, or as permitted by Section 5.5.

Appears in 2 contracts

Samples: Investor Rights Agreement (Revance Therapeutics, Inc.), Investor Rights Agreement (Revance Therapeutics, Inc.)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 5 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering IPO or (ii) an Acquisitionthe closing of a Deemed Liquidation Event (as defined in the Company’s Certificate of Incorporation). Notwithstanding Section 5.5 6.6 hereof, the rights of first refusal established by this Section 4 5 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all Major Investors, or as permitted by Section 5.56.6.

Appears in 2 contracts

Samples: Investors’ Rights Agreement (Eidos Therapeutics, Inc.), Investors’ Rights Agreement (Eidos Therapeutics, Inc.)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial Qualified Public Offering or (ii) an Acquisition. Notwithstanding Section 5.5 hereof, the rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority at least seventy-five percent (75%) of the Registrable Securities held by all Major Investors, or as permitted by Section 5.5.

Appears in 2 contracts

Samples: Investor Rights Agreement (Instructure Inc), Investor Rights Agreement (Instructure Inc)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 5 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s 's Initial Public Offering or (ii) an Acquisitiona Change in control. Notwithstanding Section 5.5 hereof, the The rights of first refusal established by this Section 4 5 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority at least two-thirds (2/3) of the Registrable Securities held by all Major Investors, or as permitted by Section 5.56.6.

Appears in 1 contract

Samples: Rights Agreement (Digital Impact Inc /De/)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering or (ii) an Acquisitiona Change in Control (unless there has occurred as Liquidation Waiver). Notwithstanding Section 5.5 hereof, the The rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all Major Investors, or as permitted by Section 5.56.6.

Appears in 1 contract

Samples: Investor Rights Agreement (Qualys, Inc.)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date closing of the registration statement pertaining to the Company’s Initial Offering or (ii) an Acquisitionthe closing of a Change of Control. Notwithstanding Section 5.5 hereof, the The rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all Major Investors; provided, however, that in the event an amendment or as permitted by Section 5.5.waiver adversely affects the rights and/or obligations of any Major

Appears in 1 contract

Samples: Investor Rights Agreement (Cardiomems Inc)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Qualified Initial Offering or (ii) an AcquisitionAcquisition or Asset Transfer. Notwithstanding Section 5.5 hereof, the rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all Major Investors, or as permitted by Section 5.5.

Appears in 1 contract

Samples: Investor Rights Agreement (U.S. Auto Parts Network, Inc.)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 5 shall not apply to, to and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s 's Initial Offering or (ii) an AcquisitionOffering. Notwithstanding Section 5.5 hereof, the The rights of first refusal established by in this Section 4 5 may be amended, amended or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all Major Investors, Investors outstanding on the date of such amendment or as permitted by Section 5.5such waiver.

Appears in 1 contract

Samples: Investor Rights Agreement (Vitria Technology Inc)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the date that no Shares are outstanding, (ii) the effective date of the registration statement pertaining to the Company’s 's Initial Offering Offering, or (iiiii) an Acquisitiona Change in Control. Notwithstanding Section 5.5 hereof, the The rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all Major Investors, or as permitted by Section 5.55.6.

Appears in 1 contract

Samples: Rights Agreement (Genoptix Inc)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s 's Initial Offering or (ii) an Acquisitiona Change in Control. Notwithstanding Section 5.5 hereof, the The rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major ROFR Investors holding a majority of the Registrable Securities held by all Major ROFR Investors, or as permitted by Section 5.55.6.

Appears in 1 contract

Samples: Investor Rights Agreement (Corgentech Inc)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date closing of the registration statement pertaining to the Company’s 's Initial Offering or (ii) an Acquisitiona Change in Control, provided that each Major Investor receives cash or a class of securities registered under the Exchange Act in such transaction. Notwithstanding Section 5.5 hereof, the The rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all Major Investors, or as permitted by Section 5.55.6.

Appears in 1 contract

Samples: Investor Rights Agreement (Turbolinux Inc)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s 's Initial Offering or (ii) an Acquisitionwhich results in the Preferred Stock being converted into Common Stock. Notwithstanding Section 5.5 hereof, the The rights of first refusal established by this Section 4 may be amended, or any provision waived with and only waived, with the written consent of the Company and the Major Investors holding a majority at least seventy-five percent (75%) of the Registrable Securities Common Stock issued or issuable upon conversion of the Shares held by all Major Investors, or as permitted by Section 5.5.

Appears in 1 contract

Samples: Investor Rights Agreement (Imarx Therapeutics Inc)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering or (ii) an Acquisitiona Change in Control. Notwithstanding Section 5.5 hereof, the rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding at least a majority of the Registrable Securities held by all Major Investors, or as permitted by Section 5.5.

Appears in 1 contract

Samples: Investor Rights Agreement (Hylete)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial Public Offering or (ii) an Acquisitiona Change in Control. Notwithstanding Section 5.5 hereof, the The rights of first refusal established by this Section 4 may be amended, amended or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all Major Investors, or as permitted by Section 5.55.6.

Appears in 1 contract

Samples: Investor Rights Agreement

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering or (ii) the closing of an AcquisitionAcquisition or Asset Transfer. Notwithstanding Section 5.5 hereof, the The rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Participating Investors holding a majority of the Registrable Securities held by all Major Investors, Participating Investors or as permitted by Section 5.55.6.

Appears in 1 contract

Samples: Investor Rights Agreement (Newlink Genetics Corp)

Termination and Waiver of Rights of First Refusal. (a) The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering or (ii) an Acquisition. Notwithstanding Section 5.5 hereof, the rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities then held by all Major Investors, or as permitted by Section 5.5.

Appears in 1 contract

Samples: Investor Rights Agreement (Poshmark, Inc.)

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Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon at the earlier later of (i) the effective first date on which less than twenty percent (20%) of the registration statement pertaining Shares of Series B Preferred Stock issued pursuant to the Company’s Initial Offering Purchase Agreement remain outstanding, or (ii) an Acquisition. Notwithstanding the expiration of the Appointment Period as defined in Section 5.5 5 hereof, the if Section 5 becomes applicable. The rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all Major Investors, or as permitted by Section 5.5.

Appears in 1 contract

Samples: Investor Rights Agreement (HealthWarehouse.com, Inc.)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering or (ii) an Acquisitiona Change in Control. Notwithstanding Section 5.5 hereof, the The rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all Major Investors, or as permitted by Section 5.55.6.

Appears in 1 contract

Samples: Investor Rights Agreement (Renovis Inc)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall 5 will not apply to, and shall will terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering or (ii) an ***Confidential Treatment Requested Acquisition. Notwithstanding Section 5.5 7.5 hereof, the rights of first refusal established by this Section 4 5 may be amended, or any provision waived with and only with the written consent of the Company and the Major Founding Investors holding a majority of the Registrable Securities held by all Major Founding Investors, or as permitted by Section 5.5.

Appears in 1 contract

Samples: Founding Investor Rights Agreement (Regulus Therapeutics Inc.)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering or (ii) an Acquisitiona Change in Control. Notwithstanding Section 5.5 hereof, the The rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all Major Investors, or as permitted by Section 5.5.

Appears in 1 contract

Samples: Investor Rights Agreement (Virobay Inc)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date closing of the registration statement pertaining to the Company’s Initial Offering or (ii) an Acquisitiona Change in Control. Notwithstanding Section 5.5 hereof, the The rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities then held by all Major Investors, or as permitted by Section 5.5.

Appears in 1 contract

Samples: Rights Agreement (CymaBay Therapeutics, Inc.)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering or (ii) an Acquisitiona Change in Control. Notwithstanding Section 5.5 hereof, the The rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority 75% of the Registrable Securities held by all Major Investors, or as permitted by Section 5.55.6.

Appears in 1 contract

Samples: Investor Rights Agreement (Threshold Pharmaceuticals Inc)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply toto the Company’s Initial Offering, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering or (ii) an Acquisitiona Change in Control. Notwithstanding Section 5.5 hereof, the The rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all Major Investors, or as permitted by Section 5.55.6.

Appears in 1 contract

Samples: Investor Rights Agreement (Cardica Inc)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering or (ii) an Asset Transfer or Acquisition. Notwithstanding Section 5.5 hereof, the rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all Major Investors, or as permitted by Section 5.5.

Appears in 1 contract

Samples: Investor Rights Agreement (Biodesix Inc)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering or (ii) an Acquisitiona Change in Control. Notwithstanding Section 5.5 hereof, the The rights of first refusal established by this Section 4 may be amended, or any provision waived with (which amendment or waiver shall be binding and only effective upon all Investors), with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all Major Investors, or as permitted by Section 5.55.6.

Appears in 1 contract

Samples: Investor Rights Agreement (Pacific DataVision, Inc.)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s 's Initial Offering or (ii) an AcquisitionOffering. Notwithstanding Section 5.5 hereof, the The rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Substantial Investors holding a majority of the Registrable Securities held by all Major Substantial Investors, or as permitted by Section 5.56.6.

Appears in 1 contract

Samples: Investor Rights Agreement (Alibris Inc)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering or (ii) a upon an Acquisition,” as defined in the Company’s Restated Charter. Notwithstanding Section 5.5 hereof, the The rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority two-thirds of the Registrable Securities held by all Major Investors, or as permitted by Section 5.5.

Appears in 1 contract

Samples: Investor Rights Agreement (Anthera Pharmaceuticals Inc)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering or (ii) an Acquisition's Qualified OFFERING. Notwithstanding Section 5.5 hereof, the The rights of first refusal established by this Section 4 may be amended, or any provision waived with and only waived, with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all Major InvestorsInvestors and the agreement of the Company, or as permitted by Section 5.55.6.

Appears in 1 contract

Samples: Investor Rights Agreement (SGX Pharmaceuticals, Inc.)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering which results in the Preferred Stock being converted into Common Stock or (ii) an Acquisition” as defined in the Company’s Amended and Restated Certificate of Incorporation as in effect on the date hereof. Notwithstanding Section 5.5 hereof, the rights of first refusal established by this Section 4 may be amended, or any provision waived waived, with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all Major Investors, or as permitted by Section 5.5Requisite Preferred Holders.

Appears in 1 contract

Samples: Investor Rights Agreement (Millennial Media Inc.)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (ia) the effective date of the registration statement pertaining to the Company’s Initial Qualified Public Offering or (iib) an Acquisitiona Change in Control. Notwithstanding Section 5.5 hereof, the The rights of first refusal established by this Section 4 may be amended, or any provision waived with and only waived, with the written consent of the Company and the Major New Investors holding a majority sixty-six and two-thirds percent (66-2/3%) of the Registrable Securities held by all Major New Investors, or as permitted by Section 5.5.

Appears in 1 contract

Samples: Investor Rights Agreement (Quantum Corp /De/)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial Qualified Public Offering or (ii) an Acquisitiona Change in Control. Notwithstanding Section 5.5 hereof, the The rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding holders of at least a majority of the Registrable Securities held by all Major Investorsthen outstanding, or as permitted by Section 5.55.7.

Appears in 1 contract

Samples: Investor Rights Agreement (Inphonic Inc)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s 's Qualifying Initial Offering or (ii) an Acquisitiona Change in Control. Notwithstanding Section 5.5 hereof, the The rights of first refusal established by this Section 4 may be amended, or any provision waived with and only waived, with the written consent of the Company and the Major Investors holding a majority at least sixty-seven percent (67%) of the Registrable Securities held by all Major Investors, or as permitted by Section 5.55.6.

Appears in 1 contract

Samples: Investor Rights Agreement (Senomyx Inc)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s 's Initial Public Offering or (ii) an Acquisitiona Change in Control. Notwithstanding Section 5.5 hereof, the The rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Significant Investors holding a majority of the Registrable Securities held by all Major InvestorsSignificant Investors provided all Significant Investors are affected substantially the same by such amendment or waiver, or as permitted by Section 5.55.6.

Appears in 1 contract

Samples: Rights Agreement (Blue Martini Software Inc)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering in which all of the Preferred Stock is converted into Common Stock or (ii) an Acquisition. Notwithstanding Section 5.5 hereof, the The rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company Series D Investors and the Major Prior Investors holding a majority of the Registrable Securities held owned by all Major Series D Investors and Prior Investors, or as permitted by Section 5.55.7.

Appears in 1 contract

Samples: Investor Rights Agreement (Devax Inc)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) immediately prior to the effective date of the registration statement pertaining to the Company’s Initial Offering or (ii) an Acquisitiona Qualifying IPO. Notwithstanding Section 5.5 hereof, the rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority at least 66% of the Registrable Securities held by all Major Investors, or as permitted by Section 5.5.

Appears in 1 contract

Samples: Investor Rights Agreement (Hyperion Therapeutics Inc)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier earliest of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering or Offering, (ii) an AcquisitionAcquisition or (iii) an Asset Transfer. Notwithstanding Section 5.5 hereof, the The rights of first refusal established by this Section 4 may be amended, amended or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority holders of at least sixty-seven percent (67%) of the Registrable Securities then held by all the Major Investors, or as permitted by Section 5.5.

Appears in 1 contract

Samples: Investor Rights Agreement (Ambit Biosciences Corp)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial Public Offering or (ii) an Acquisitiona Change in Control. Notwithstanding Section 5.5 hereof, the The rights of first refusal established by this Section 4 may be amended, amended or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all the Major Investors, or as permitted by Section 5.55.6.

Appears in 1 contract

Samples: Investor Rights Agreement

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering or (ii) an Acquisitiona Change in Control. Notwithstanding Section 5.5 hereof, the rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all Major Investors, or as permitted by Section 5.5.

Appears in 1 contract

Samples: Investor Rights Agreement (Pacific Biosciences of California Inc)

Termination and Waiver of Rights of First Refusal. The rights of first refusal established by this Section 4 5 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering or (ii) an Acquisition. Notwithstanding Section 5.5 6.6 hereof, the rights of first refusal established by this Section 4 5 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all Major Investors, or as permitted by Section 5.56.6.

Appears in 1 contract

Samples: Investors’ Rights Agreement (Eidos Therapeutics, Inc.)

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