Common use of Non-Exercise of Right Clause in Contracts

Non-Exercise of Right. In the event the Exercise Notice is not given by the Company to the Selling Founder and the Investors within fifteen (15) days following the date of the Company's receipt of the Disposition Notice, the Company shall be deemed to have waived its right of first refusal.

Non-Exercise of Right. In the event the Company's Exercise Notice is not given by the Company to the Selling Founder Stockholder and the Investors within fifteen thirty (1530) days following the date of the Company's receipt of the Stockholder's Disposition Notice, the Company shall be deemed to have waived its right of first refusal.

Non-Exercise of Right. In the event the Exercise Notice is not given by the Company to the Selling Founder and the Investors Stockholder within fifteen (15) days following the date of the Company's ’s receipt of the Disposition Notice, the Company shall be deemed to have waived its right of first refusalFirst Refusal Right with respect to such proposed disposition.