Common use of Termination of Right of First Refusal Clause in Contracts

Termination of Right of First Refusal. The rights contained in this section shall terminate as to all Shares purchased hereunder upon the earlier of: (i) the closing date of the first sale of Common Stock of the Company to the general public pursuant to a registration statement filed with and declared effective by the Securities and Exchange Commission under the Securities Act, and (ii) the closing date of a Change of Control pursuant to which the holders of the outstanding voting securities of the Company receive securities of a class registered pursuant to Section 12 of the Securities Exchange Act of 1934, as amended.

Appears in 15 contracts

Samples: Exclusive License Agreement (Unity Biotechnology, Inc.), Exclusive License Agreement (Unity Biotechnology, Inc.), Exclusive License Agreement

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Termination of Right of First Refusal. The rights right of first refusal contained in this section shall terminate as to all Shares purchased hereunder upon the earlier of: (i) the closing date of the first sale of Common Stock of the Company to the general public pursuant to a registration statement filed with and declared effective by the Securities and Exchange Commission under the Securities Act, and (ii) the closing date of a Change of Control pursuant to which the holders of the outstanding voting securities of the Company receive securities of a class registered pursuant to Section 12 of the Securities Exchange Act of 1934, as amended.

Appears in 12 contracts

Samples: Restricted Stock Purchase Agreement, Restricted Stock Purchase Agreement (Red Hat Inc), Restricted Stock Purchase Agreement (Red Hat Inc)

Termination of Right of First Refusal. The rights right of first refusal contained in this section Section shall terminate as to all Shares purchased hereunder upon the earlier of: (i) the closing date of the first sale of Common Stock of the Company to the general public pursuant to a registration statement filed with and declared effective by the Securities and Exchange Commission under the Securities Act, as amended, and (ii) the closing date of a Change of Control pursuant to which the holders of the outstanding voting securities of the Company receive securities of a class registered pursuant to Section 12 of the Securities Exchange Act of 1934, as amended.

Appears in 5 contracts

Samples: Founder’s Restricted Stock Purchase Agreement (Digital Music Group, Inc.), Founder’s Restricted Stock Purchase Agreement (Digital Music Group, Inc.), Restricted Stock Purchase Agreement (Digital Music Group, Inc.)

Termination of Right of First Refusal. The rights right of first refusal contained in this section Section shall terminate as to all Shares purchased hereunder upon the earlier of: (i) the closing date of the first sale of Common Stock of the Company to the general public pursuant to a registration statement filed with and declared effective by the Securities and Exchange Commission under the Securities Act, as amended, and (ii) the closing date of a Change change of Control control transaction pursuant to which the holders of the outstanding voting securities of the Company receive securities of a class registered pursuant to Section 12 of the Securities Exchange Act of 1934, as amended.

Appears in 4 contracts

Samples: Merger Agreement (CareDx, Inc.), Exclusive Agreement (CareDx, Inc.), Merger Agreement (CareDx, Inc.)

Termination of Right of First Refusal. The rights right of first refusal contained in this section shall terminate as to all Shares purchased hereunder upon the earlier of: (i) the closing date of the first sale of Class B Common Stock of the Company to the general public pursuant to a registration statement filed with and declared effective by the Securities and Exchange Commission under the Securities Act, and (ii) the closing date of a Change of in Control pursuant to which the holders of the outstanding voting securities of the Company receive securities of a class registered pursuant to Section 12 of the Securities Exchange Act of 1934, as amended.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Blue Apron Holdings, Inc.), Restricted Stock Award Agreement (Blue Apron Holdings, Inc.)

Termination of Right of First Refusal. The rights right of first refusal contained in this section shall terminate as to all Shares purchased hereunder upon the earlier of: (i) the closing date of the first sale of Common Stock common stock of the Company to the general public pursuant to a registration statement filed with and declared effective by the Securities and Exchange Commission under the Securities Act, and (ii) the closing date of a Change change of Control control pursuant to which the holders of the outstanding voting securities of the Company receive securities of a class registered pursuant to Section 12 of the Securities Exchange Act of 1934, as amended.

Appears in 1 contract

Samples: License Agreement (Receptos, Inc.)

Termination of Right of First Refusal. The rights contained in Any other provision of this section Section 6 notwithstanding, the Right of First Refusal shall terminate as to all Shares purchased hereunder Securities upon the earlier of: : (i) the closing date of the first sale of Common Stock of the Company common stock to the general public pursuant to a registration statement filed with and declared effective by the Securities and Exchange Commission under the Securities Act, ; and (ii) the closing date of a Change change of Control control transaction pursuant to which the holders of the outstanding voting securities of the Company receive securities of a class registered pursuant to Section 12 of the Securities Exchange Act of 1934, as amended.

Appears in 1 contract

Samples: Subscription Agreement

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Termination of Right of First Refusal. The rights contained in this section Section 6 shall terminate as to all Shares purchased hereunder upon the earlier of: (i) the closing date of the first sale of Common Stock of the Company to the general public pursuant to a registration statement filed with and declared effective by the Securities and Exchange Commission under the Securities Act, and (ii) the closing date of a Change of Control pursuant to which the holders of the outstanding voting securities of the Company receive securities of a class registered pursuant to Section 12 of the Securities Exchange Act of 1934, as amended.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Oracle Corp)

Termination of Right of First Refusal. The rights contained in this section shall terminate as to all Shares purchased acquired hereunder upon the earlier of: (i) the closing date of the first sale of Common Stock of the Company to the general public pursuant to a registration statement filed with and declared effective by the Securities and Exchange Commission under the Securities Act, and (ii) the closing date of a Change of Control pursuant to which the holders of the outstanding voting securities of the Company receive securities of a class registered pursuant to Section 12 of the Securities Exchange Act of 1934, as amended.

Appears in 1 contract

Samples: Exclusive Patent License Agreement (HyperSciences, Inc.)

Termination of Right of First Refusal. The rights right of first refusal contained in this section Section 8 shall terminate as to all Shares purchased hereunder upon the earlier of: (i) the closing date of the first sale of Common Stock of the Company to the general public pursuant to a registration statement filed with and declared effective by the Securities and Exchange Commission under the Securities Act, as amended, and (ii) the closing date of a Change change of Control control transaction pursuant to which the holders of the outstanding voting securities of the Company receive securities of a class registered pursuant to Section 12 of the Securities Exchange Act of 1934, as amended.

Appears in 1 contract

Samples: Stockholders Agreement (Digital Music Group, Inc.)

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