Transfers of Rights. This Agreement, and the rights and obligations of each Stockholder hereunder, may be assigned by such Stockholder to (i) any person or entity to which at least 50,000 Registrable Shares are transferred by such Stockholder or (ii) to any partner, stockholder or Affiliate (as defined below) of such Stockholder, and such transferee shall be deemed a "Stockholder" for purposes of this Agreement; provided that the transferee provides written notice of such assignment to the Company and agrees in writing to be bound hereby. For purposes of the preceding sentence, an "Affiliate" of a Stockholder is a person controlled by, controlling or under common control of such Stockholder.
Appears in 2 contracts
Samples: Rights Agreement (Baycorp Holdings LTD), 1 (Baycorp Holdings LTD)
Transfers of Rights. This Agreement, and the The registration rights and obligations of each Investor Stockholder hereunder, along with its obligations related thereto, may be assigned by such Stockholder Investor Stockholder, in whole or in part, to (i) any person or entity to which at least 50,000 Registrable Shares shares of Stock are transferred by such Stockholder or (ii) to any partner, stockholder or Affiliate (as defined below) of such Investor Stockholder, and such transferee shall be deemed a "an “Investor Stockholder" ” for purposes of this Agreement; Agreement generally and this Article 9 specifically) provided that the Investor Stockholder or the transferee provides written notice of such assignment to the Company and agrees in writing the transferee executes and delivers a counterpart to this Agreement agreeing to be bound hereby. For purposes by the terms of the preceding sentence, this Agreement as an "Affiliate" of a Stockholder is a person controlled by, controlling or under common control of such Investor Stockholder.
Appears in 2 contracts
Samples: Stockholders Agreement (Zynerba Pharmeceuticals, Inc.), Stockholders Agreement (Zynerba Pharmeceuticals, Inc.)
Transfers of Rights. This Agreement, and the The registration rights and obligations of each Institutional Stockholder hereunder, along with its obligations related thereto, may be assigned by such Stockholder Institutional Stockholder, in whole or in part, to (i) any person or entity to which at least 50,000 Registrable Shares shares of Stock are transferred by such Stockholder or (ii) to any partner, stockholder or Affiliate (as defined below) of such Institutional Stockholder, and such transferee shall be deemed a "an “Institutional Stockholder" ” for purposes of this Agreement; Agreement generally and this Article 9 specifically) provided that the Institutional Stockholder or the transferee provides written notice of such assignment to the Company and agrees in writing to be bound hereby. For purposes of the preceding sentence, an "Affiliate" of a Stockholder is a person controlled by, controlling or under common control of such StockholderCompany.
Appears in 1 contract
Samples: Stockholders Agreement (Acadia Pharmaceuticals Inc)