Non-Permitted Transferees. The parties agree that should a Shareholder Transfer any Super Voting Shares in a manner inconsistent with the provisions of the Articles and Section 3.1 the Company shall without further notice to the Shareholder cause such Super Voting Shares to be redeemed in accordance with the Articles and shall pay the redemption price therefor to the Shareholder without regard to any asserted rights of the purported transferee.
Appears in 3 contracts
Samples: Investment Agreement, Investment Agreement (Cresco Labs Inc.), Investment Agreement
Non-Permitted Transferees. The parties agree that should a Shareholder Transfer any Super Voting Shares in a manner inconsistent with the provisions of the Articles and Section 3.1 5.1 the Company shall without further notice to the Shareholder cause such Super Voting Shares to be redeemed in accordance with Section 27.2(8) of the Articles and shall pay the redemption price therefor to the Shareholder without regard to any asserted rights of the purported transferee. The Company shall amend Schedule 2.2 hereof to reflect the ownership of the Super Voting Shares following such redemption.
Appears in 2 contracts
Samples: Investment Agreement (Lowell Farms Inc.), Investment Agreement
