Common use of Notice of Intended Disposition Clause in Contracts

Notice of Intended Disposition. In the event a Founder desires to accept a bona fide third-party offer for the transfer of any or all of the Stock (such Founder to be hereafter called the "Selling Founder" and the shares subject to such offer to be hereafter called the "Target Shares"), the Selling Founder shall promptly deliver to the Company and the Investors written notice of the intended disposition ("Disposition Notice") and the basic terms and conditions thereof, including the identity of the proposed purchaser.

Appears in 2 contracts

Samples: Webridge Inc, Webridge Inc

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Notice of Intended Disposition. In the event a Founder desires to accept a bona fide third-party offer for the transfer of any or all of the Stock (such Founder to be hereafter called the "Selling Founder" and the shares subject to such offer to be hereafter called the "Target Shares"), the such Selling Founder shall promptly deliver to the Company and the Investors Purchasers written notice of the intended disposition (a "Disposition Notice") and the basic terms and conditions thereof, including the identity of the proposed purchaser.

Appears in 1 contract

Samples: Stockholder Rights Agreement (Participate Com Inc)

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Notice of Intended Disposition. In the event a Founder desires to accept a bona fide third-party offer for the transfer of any or all of the Stock (such Founder to be hereafter called the "Selling Founder" and the shares subject to such offer to be hereafter called the "Target Shares"), the Selling Founder shall promptly deliver to the Company and the Investors written notice of the intended disposition ("Disposition Notice") and the basic terms and conditions thereof, including the identity of the proposed purchaser.

Appears in 1 contract

Samples: First Refusal Agreement (Motive Inc)

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