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Typically, this clause outlines the process for admitting new investors, including any required approvals from existing shareholders or the board, and may specify the rights and obligations that will apply to these new stockholders. For example, it might require new stockholders to agree to be bound by existing shareholder agreements or to sign joinder agreements. The core function of this clause is to ensure that the integration of new stockholders is managed in an orderly and consistent manner, maintaining the integrity of existing agreements and protecting the interests of current shareholders."}, "json": true, "cursor": ""}}