Common use of The Company’s Right of First Clause in Contracts

The Company’s Right of First. Refusal In the event that you propose to sell, pledge or otherwise transfer to a third party any Stock acquired under this Agreement, or any interest in such Stock, the Company shall have the “Right of First Refusal” with respect to all (and not less than all) of such shares of Stock. If you desire to transfer Stock acquired under this Agreement, you must give a written “Transfer Notice” to the Company describing fully the proposed transfer, including the number of shares proposed to be transferred, the proposed transfer price and the name and address of the proposed transferee.

Appears in 4 contracts

Samples: Incentive Stock Option Agreement (Glycomimetics Inc), Nonqualified Stock Option Agreement (Glycomimetics Inc), Nonqualified Stock Option Agreement (Glycomimetics Inc)

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The Company’s Right of First. Refusal In the event that you propose to sell, pledge or otherwise transfer to a third party any Stock Shares acquired under this Agreement, or any interest in such StockShares, the Company shall have the “Right of First Refusal” with respect to all (and not less than all) of such shares of StockShares. If you desire to transfer Stock Shares acquired under this Agreement, you must give a written “Transfer Notice” to the Company describing fully the proposed transfer, including the number of shares Shares proposed to be transferred, the proposed transfer price and the name and address of the proposed transferee.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Healthsport, Inc.)

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