Common use of Additional Stockholders Clause in Contracts

Additional Stockholders. Notwithstanding anything to the contrary contained herein, if the Company shall issue additional shares of Common Stock or options under the Stock Option Plan after the date hereof, the Company’s issuance to any purchaser of such shares of Common Stock or recipient of stock options shall be contingent on such purchaser or option holder becoming a party to this Agreement by executing and delivering an additional counterpart signature page to this Agreement and thereafter such purchaser shall be deemed a “Stockholder” for all purposes hereunder.

Appears in 2 contracts

Samples: Stockholders’ Agreement (Acorn Energy, Inc.), Stockholders’ Agreement (Acorn Energy, Inc.)

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Additional Stockholders. Notwithstanding anything to the contrary contained herein, if the Company shall issue additional shares of Common Stock or options under the Stock Option 2012 Plan after the date hereof, the Company’s 's issuance to any purchaser of such shares of Common Stock or recipient of stock options shall be contingent on such purchaser or option holder becoming a party to this Agreement by executing and delivering an additional counterpart signature page to this Agreement and thereafter such purchaser shall be deemed a “Stockholder” for all purposes hereunder.

Appears in 1 contract

Samples: Stockholders' Agreement (Acorn Energy, Inc.)

Additional Stockholders. Notwithstanding anything to the contrary contained herein, if the Company shall issue additional shares of Common Stock or options under the Stock Management Option Plan after the date hereof, the Company’s issuance to any purchaser of such shares of Common Stock or recipient of stock options shall be contingent on such purchaser or option holder becoming a party to this Agreement by executing and delivering an additional counterpart signature page to this Agreement and thereafter such purchaser shall be deemed a “Stockholder” for all purposes hereunder.

Appears in 1 contract

Samples: Stockholders’ Agreement (Acorn Energy, Inc.)

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Additional Stockholders. Notwithstanding anything to the contrary contained herein, if the Company shall issue additional shares of Common Stock or options under the Stock Management Option Plan after the date hereof, the Company’s issuance to any purchaser of such shares of Common Stock or recipient of stock options shall be contingent on such purchaser or option holder becoming a party to this Agreement by executing and delivering an additional counterpart signature page to this Agreement and thereafter such purchaser shall be deemed a “Stockholder” for all purposes hereunder.

Appears in 1 contract

Samples: Stockholders’ Agreement (Acorn Energy, Inc.)

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