Common use of Notification of Planned Sale Transactions Clause in Contracts

Notification of Planned Sale Transactions. In the event that any Investor plans to sell shares of Class A Common Stock in a Sale Transaction, then, unless the Registration Rights Agreement provides for different procedures applicable to such particular Sale Transaction (in which case, such procedures set forth in the Registration Rights Agreement shall control), such Investor will notify the Company in writing as promptly as practicable in advance of such Sale Transaction, and the Company will, within 3 days after receiving such notice from such Investor, notify the other Stockholders in writing of the proposed Sale Transaction, which written notice shall set forth such Stockholder’s (A) Transfer Amount as a result of such Sale Transaction and (B) then-available Eligible Remaining Transfer Amount. The Stockholder shall be permitted to Transfer Class A Common Stock pursuant to Section 3.2(a) for a period of 30 days commencing on the date of the Sale Transaction by an Investor; provided that, in the event a Stockholder is unable to Transfer Class A Common Stock at the time of such Sale Transaction as a result of a lock-up or similar agreement to which such Stockholder is a party or as a result of the Company’s xxxxxxx xxxxxxx policies, the Stockholder will be permitted to Transfer Class A Common Stock pursuant to and in accordance with Section 3.2 for a period of 15 days following the expiration of such lock-up or similar agreement and/or the lifting of any restrictions on Transfer as a result of the Company’s xxxxxxx xxxxxxx policies (provided that if such 15th day falls on a weekend or bank holiday, the time period will expire at the close of business on the next business day thereafter).

Notification of Planned Sale Transactions. In the event that any Investor plans to sell shares of Class A Common Stock in a Sale Transaction, then, unless the Registration Rights Agreement provides for different procedures applicable to such particular Sale Transaction (in which case, such procedures set forth in the Registration Rights Agreement shall control), such Investor will notify the Company in writing as promptly as practicable in advance of such Sale Transaction, and the Company will, within 3 days after receiving such notice from such Investor, notify the other Stockholders each Management Holder in writing of the proposed Sale Transaction, which written notice shall set forth (i) such StockholderManagement Holder’s (A) Transfer Amount as a result of such Sale Transaction and (Bii) then-the number of shares of Common Stock, if any, that are already transferable by such Management Holder as a result of one or more Transfer Amounts available Eligible Remaining Transfer Amountto such Management Holder as a result of the application of the proviso in the first sentence of Section 2(a)). The Stockholder Management Holder shall be permitted to Transfer Class A Common Stock pursuant to this Section 3.2(a) 2 for a period of 30 days commencing on the date of the Sale Transaction by an Investorthe Investor(s); provided that, in the event a Stockholder Management Holder is unable to Transfer Class A Common Stock at the time of such Sale Transaction as a result of a lock-up or similar agreement to which such Stockholder Management Holder is a party or as a result of the Company’s xxxxxxx xxxxxxx policies, the Stockholder Management Holder will be permitted to Transfer Class A Common Stock pursuant to and in accordance with this Section 3.2 2 for a period of 15 days following the expiration of such lock-up or similar agreement and/or the lifting of any restrictions on Transfer as a result of the Company’s xxxxxxx xxxxxxx policies (provided that if such 15th day falls on a weekend or bank holiday, the time period will expire at the close of business on the next business day thereafter).

Notification of Planned Sale Transactions. In the event that any Investor plans to sell shares of Class A Brentwood sells Common Stock in a Sale Transaction, then, unless the Registration Rights Agreement provides for different procedures applicable to such particular Sale Transaction (in which case, such procedures set forth in the Registration Rights Agreement shall control), such Investor Brentwood will notify the Company in writing as promptly as practicable in advance of following such Sale Transaction, and the Company will, within 3 days after receiving such notice from such InvestorBrentwood, notify the other Stockholders each Restricted Stockholder in writing of the proposed Sale Transaction, which written notice shall set forth (i) such Restricted Stockholder’s (A) Transfer Amount as a result of such Sale Transaction and (Bii) then-the number of shares of Common Stock, if any, that are already transferable by such Restricted Stockholder as a result of one or more Transfer Amounts available Eligible Remaining Transfer Amountto such Restricted Stockholder as a result of the application of the proviso in the first sentence of Section 2(a)). The Restricted Stockholder shall be permitted to Transfer Class A Common Stock pursuant to this Section 3.2(a) 2 for a period of 30 days commencing on the date of the Sale Transaction by an InvestorBrentwood; provided that, in the event a Restricted Stockholder is unable to Transfer Class A Common Stock at the time of such Sale Transaction as a result of a lock-up or similar agreement to which such Restricted Stockholder is a party or as a result of the Company’s xxxxxxx xxxxxxx policies, the Restricted Stockholder will be permitted to Transfer Class A Common Stock pursuant to and in accordance with this Section 3.2 2 for a period of 15 days following the expiration of such lock-up or similar agreement and/or the lifting of any restrictions on Transfer as a result of the Company’s xxxxxxx xxxxxxx policies (provided that if such 15th day falls on a weekend or bank holiday, the time period will expire at the close of business on the next business day thereafter).