Examples of Majority Stockholders in a sentence
Investor desires to purchase such securities from the Company on the terms and conditions set forth herein; and WHEREAS, the Company, Investor and the Majority Stockholders have entered into the Stockholders Agreement in the form of Exhibit C attached hereto.
To exercise a Drag-Along Right, Company or the Majority Stockholders will deliver to each Minority Stockholder a written notice (a "Drag-Along Notice") containing (a) the name and address of the third-party proposed purchaser(s), (b) the proposed price per share, terms of payment and other material terms and conditions of the Drag-Along Offer and (c) all such other documents, instruments and information as may be required to enable the Stockholders to effectuate the transfer of their Shares.
Thereafter, the Majority Investors (or, if at a time when the Investors no longer hold at least twenty-five percent (25%) of the Initial Investor Shares, the Majority Stockholders) may reinstitute and discontinue 144 Coordination from time to time by providing notice to each Stockholder.
Except as otherwise provided herein, the provisions of this Agreement may be amended or waived only upon the prior written consent of the Company and the Majority Stockholders.
Such Drag-Along Transaction shall be effected on the same terms with respect to each Stockholder as those offered to the Super Majority Stockholders (except as required to satisfy terms of preferred stock, if any, set forth in the certificate of incorporation) and as further set forth in the Drag-Along Notice.