Common use of Offer to Corporation Clause in Contracts

Offer to Corporation. Within thirty (30) days after receipt of such notice, the Corporation may, at its option, elect to purchase all, but not less than all, of the Withdrawing Stockholder's shares. The Corporation shall exercise its option to purchase by giving written notice thereof to the Withdrawing Stockholder within said fifteen (15) day period. Such written notice shall specify a date for the closing of the purchase, which shall not be more than twenty (20) days after the date of the giving of such notice. The purchase price for the shares to be paid by the Corporation and terms of payment therefor shall be as set forth in Paragraph 3 hereof.

Offer to Corporation. Within thirty (3024) ( ) days after receipt of such notice, the Corporation may, at its option, elect to purchase all, but not less than all, of the Withdrawing Stockholder's shares. The Corporation shall exercise its option to purchase by giving written notice thereof to the Withdrawing Stockholder within said fifteen (1525) ( ) day period. Such written notice shall specify a date for the closing of the purchase, which shall not be more than twenty (2026) ( ) days after the date of the giving of such notice. The purchase price for the shares to be paid by the Corporation and terms of payment therefor shall be as set forth in Paragraph 3 hereof.