Common use of Drag Along Right Clause in Contracts

Drag Along Right. If the Investors at any time propose that the Company consummate (or commit to consummate), in one transaction or a series of related transactions, a Change of Control (as defined in the Plan), the Optionee’s Issued Shares of Stock (including for this purpose all of such Optionee’s or his or her Permitted Transferee’s Issued Shares of Stock that presently or as a result of any such transaction may be acquired upon the exercise of options (following the payment of the exercise price therefor)) shall be subject to the drag-along rights set forth in Section 2.4 of the Stockholders’ Agreement.

Appears in 5 contracts

Samples: Non Qualified Stock Option Agreement (Hayward Holdings, Inc.), Non Qualified Stock Option Agreement (Hayward Holdings, Inc.), Non Qualified Stock Option Agreement (Hayward Holdings, Inc.)

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Drag Along Right. If the Investors at any time propose that the Company consummate (or commit to consummate), in one transaction or a series of related transactions, a Change of Control (as defined in the Plan), the Optionee’s Issued Shares of Stock (including for this purpose all of such Optionee’s or his or her Permitted Transferee’s Issued Shares of Stock that presently or as a result of any such transaction may be acquired upon the exercise of options (following the payment of the exercise price therefor)) shall be subject to the drag-along rights set forth in Section 2.4 of the Stockholders’ Agreement.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Hayward Holdings, Inc.), Non Qualified Stock Option Agreement (Hayward Holdings, Inc.), Non Qualified Stock Option Agreement (Hayward Holdings, Inc.)

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