Common use of Third-Party Equity Participants Clause in Contracts

Third-Party Equity Participants. AOL, ODC and the Company ------------------------------- shall evaluate the benefits of admitting one or more significant third-party equity stockholders to the Company, and (except as expressly set forth in this Agreement) any such admission of a significant third-party equity participant shall be mutually agreed upon by AOL and ODC in accordance with this Section 5.7 and, if such admission is to be effected in whole or in part by sale of any Company Securities by the Company, submitted for approval of the Special Committee and the Board in accordance with the provisions of the Certificate of Incorporation:

Appears in 3 contracts

Samples: Stockholders' Agreement (America Online Latin America Inc), Stockholders' Agreement (America Online Latin America Inc), Stockholders' Agreement (America Online Latin America Inc)

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Third-Party Equity Participants. AOL, ODC and the Company ------------------------------- shall evaluate the benefits of admitting one or more significant third-party equity stockholders to the Company, and (except as expressly set forth in this Agreement) any such admission of a significant third-party equity participant shall be mutually agreed upon by AOL and ODC in accordance with this Section 5.7 and, if such admission is to be effected in whole or in part by sale of any Company Securities by the Company, submitted for approval of the Special Committee and the Board in accordance with the provisions of the Certificate of Incorporation:

Appears in 1 contract

Samples: Stockholders' Agreement (Aol Time Warner Inc)

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