Failure to Exercise Option. If the option is not exercised within the Option Period as to the Offered Shares, the Selling Shareholder may sell or transfer the Offered Shares within thirty (30) days thereafter to the prospective purchaser named in the Option Notice at a price and on terms no more favorable than described in the Option Notice.
Appears in 3 contracts
Samples: Employment Agreement (Sun River Energy, Inc), Thimothy S. Wafford Employment Agreement (Sun River Energy, Inc), Employment Agreement (Sun River Energy, Inc)
Failure to Exercise Option. If the option is not exercised within the Option Period as to the Offered Shares, the Selling Shareholder may sell or transfer the Offered Shares within thirty sixty (3060) days thereafter to the prospective purchaser named in the Option Notice at a price and on terms no more favorable than described in the Option Notice.
Appears in 2 contracts
Samples: Employment Agreement (Sun River Energy, Inc), Atomic Paintball Inc
