Treatment of Sale Proceeds. The proceeds of any sale made by any Transferring Co-Sale Stockholders without compliance with the provisions of Section 4.1 shall be deemed to be held in constructive trust in such amount as would have been due to the Stockholders desiring to sell Shares if the Transferring Co-Sale Stockholders had complied with this Agreement.
Appears in 6 contracts
Samples: Stockholders Agreement, Patent License Agreement, Stockholders Agreement (Apellis Pharmaceuticals, Inc.)
Treatment of Sale Proceeds. The proceeds of any sale made by any Transferring Co-Sale Stockholders without compliance with the provisions of Section 4.1 3.1 shall be deemed to be held in constructive trust in such amount as would have been due to the Stockholders desiring to sell Shares if the Transferring Co-Sale Stockholders had complied with this Agreement.
Appears in 3 contracts
Samples: Stockholders Agreement, Stockholders Agreement (Apellis Pharmaceuticals, Inc.), Stockholders Agreement (Apellis Pharmaceuticals, Inc.)
Treatment of Sale Proceeds. The proceeds of any sale made by any Transferring Co-Sale Stockholders without compliance with the provisions of Section 4.1 3.6 shall be deemed to be held in constructive trust in such amount as would have been due to the Stockholders desiring to sell Shares shares of Stock or other securities if the Transferring Co-Sale Stockholders had complied with this Agreement.
Appears in 2 contracts
Samples: Stockholders Agreement (Zynerba Pharmeceuticals, Inc.), Stockholders Agreement (Zynerba Pharmeceuticals, Inc.)
