Examples of Xxxx Stockholders in a sentence
Other than the Xxxx Stockholders and the Founder Holders, a Party who does not hold Registrable Securities as of the Closing Date and who acquires Registrable Securities after the Closing Date will not be a “Holder” until such Party gives Parent a representation in writing of the number of Registrable Securities it holds.
Each holder of Executive Stock will take all necessary or desirable actions in connection with the consummation of the Approved Xxxx Sale as requested by the Non-Xxxx Directors, the Xxxx Stockholders or the Company.
It is agreed that the Xxxx Stockholders will either be given rights pursuant to the Stockholders Agreement and the Registration Rights Agreement or other documentation containing terms not inconsistent with the Sellers' rights thereunder.
Each holder of Executive Stock participating in any such transaction will take all necessary or desirable actions in connection with the consummation of any such transaction as requested by the Xxxx Stockholders including without limitation executing the applicable purchase agreement.
If the Approved Sale is structured as (i) a merger or consolidation, each holder of Stockholder Shares will waive any dissenters rights, appraisal rights or similar rights in connection with such merger or consolidation or (ii) sale of stock, each holder of Stockholder Shares will agree to sell all of his Stockholder Shares and rights to acquire Stockholder Shares on the terms and conditions approved by the Majority Xxxx Stockholders.