Minority Shareholders' Preemptive Right at Public Offerings of Shares Clause Samples

Minority Shareholders' Preemptive Right at Public Offerings of Shares. In the event BP shall decide to make a public offering of shares in any stock market, if there is demand for an offering or secondary distribution in the placement agent's opinion, the Minority Shareholders shall enjoy the right to sell their shares to the public at such offering with preference to the Majority Shareholders’ shares.