Right of First Refusal Sample Contracts

RECITALS
Right of First Refusal • November 22nd, 1999 • Santa Fe Gaming Corp • Services-miscellaneous amusement & recreation • Nevada
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RIGHT OF FIRST REFUSAL
Right of First Refusal • February 14th, 2020 • Sherman a Haag • State commercial banks • Texas

THIS RIGHT OF FIRST REFUSAL (the “Agreement”) is made as of this February 7, 2020, by and among Tectonic Financial, Inc., a Texas corporation (the “Company”), and the individuals listed on Schedule A hereto (the “Holders”).

RIGHT OF FIRST REFUSAL
Right of First Refusal • January 9th, 2019

THIS AGREEMENT is made this day of January, 2019 by and between Norma Harman as Personal Representative of the Estate of Fred C. Harman III (”Grantor”) and The Board of County Commissioners of Archuleta County, Colorado, a corporation duly organized and existing under the laws of the State of Colorado, with its principal office at 398 Lewis Street Pagosa Springs, Colorado 81147 (”Grantee”).

RIGHT OF FIRST REFUSAL
Right of First Refusal • February 13th, 2018 • Virginia

THIS RIGHT OF FIRST REFUSAL (this “Agreement”) is made as of the day of March/April, 2018 (the “Effective Date”) by and between CG1 RESTORATION LIMITED PARTNERSHIP, a Virginia limited partnership (the "Owner") (Grantor for purposes of indexing) and THE COUNTY BOARD OF ARLINGTON COUNTY, VIRGINIA, a corporate and body politic of the Commonwealth of Virginia (the "County Board") (Grantee for purposes of indexing) in order to satisfy a required condition of an Affordable Housing Investment Fund loan of Ten Million Seven Hundred Thirty-Six Thousand Five Hundred Seventy-Nine and 00/100 Dollars ($10,736,579.00) made to the Owner by the County Board.

RIGHT OF FIRST REFUSAL
Right of First Refusal • January 25th, 2018

This Right of First Refusal (“Agreement”) is made and entered into between Heber Light & Power Company, an energy services interlocal entity of the state of Utah (“Heber Light & Power”), and Rocky Mountain Power, a division of PacifiCorp, an Oregon corporation (“Rocky Mountain Power”). Heber Light & Power and Rocky Mountain Power each may be referred to as a “Party” or collectively as the “Parties.” This Agreement shall be effective as of the effective date of the Settlement Agreement and General Release (“Settlement Agreement”) between the Parties (“Effective Date”).

Right of First Refusal
Right of First Refusal • March 2nd, 2016

Community Conservation Partnerships Program, Environmental Stewardship Fund, under the administration of the Pennsylvania Department of Conservation and Natural Resources,‌‌‌

RIGHT OF FIRST REFUSAL
Right of First Refusal • November 30th, 2011

This RIGHT OF FIRST REFUSAL shall be conditioned upon the payment by AGUSTA of $1,640.70 per year ($.10 per square foot per year) to be paid in twelve equal monthly installments of One Hundred Thirty Six Dollars and Seventy Three Cents ($136.73) each year. Monthly payments shall be paid by the 10th day of each month in advance at the office of the Airport Manager or at such other offices as may be directed in writing by the CITY.

THE IMMUNE RESPONSE CORPORATION 5931 Darwin Court Carlsbad, California 92008 February 22, 2006
Right of First Refusal • April 11th, 2006 • Immune Response Corp • Biological products, (no disgnostic substances)

Reference is made to that certain Placement Agency Agreement dated February 9, 2006 (the “Placement Agency Agreement”) by and between Spencer Trask Ventures, Inc. (the “Placement Agent”) and The Immune Response Corporation (the “Company”). Capitalized terms not otherwise defined herein shall have the meanings ascribed to such terms in the Placement Agency Agreement.

AMENDED AND RESTATED RIGHT OF FIRST REFUSAL
Right of First Refusal • February 15th, 2022 • Sherman a Haag • State commercial banks • Texas

THIS AMENDED AND RESTATED RIGHT OF FIRST REFUSAL (the “Agreement”) is made as of this February 14, 2022, by and among Tectonic Financial, Inc., a Texas corporation (the “Company”), and the individuals listed on Schedule A hereto (the “Holders”).

LabStyle Innovations Corp.
Right of First Refusal • January 16th, 2013 • LabStyle Innovations Corp. • Surgical & medical instruments & apparatus

Reference is made to that certain Placement Agency Agreement dated September 8, 2011 (the “Placement Agency Agreement”) by and between Spencer Trask Ventures, Inc. (the “Placement Agent”) and LabStyle Innovations Corp. (the “Company”). Capitalized terms not otherwise defined herein shall have the meanings ascribed to such terms in the Placement Agency Agreement.

JAMES F. BOSSE, et ux.
Right of First Refusal • May 5th, 2020

This declaratory judgment action presents two questions concerning a right of first refusal in a contract which, inter alia, granted reciprocal easemen ts in two adjoining tracts of land. The first issue is whether a gift of property to a charitable foundation constitutes a “sale” within the meaning of the right of first refusal because the donors will receive a tax benefit from the gift. The second issue is whether the right of first refusal provision in the contract violated the Rule Against Perpetuities. The Circuit Court for Anne Arundel County (North, J.) declared that the gift was not a “sale” within the purview of the right of first refusal and that the right of first refusal provision did not violate the Rule Against Perpetuities. We agree with the Circuit Court and shall affirm.

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