Common use of Ownership in the Company Clause in Contracts

Ownership in the Company. Upon the consummation of the transactions contemplated hereby, and the concurrent sale by the Seller or its affiliates to other purchasers of Common Stock, other than 64,000 shares of Common Stock and options to purchase an additional 90,000 shares of Common Stock, the Seller and its affiliates do not own, beneficially or otherwise, directly or indirectly, any securities of the Company or any derivative security relating to the Common Stock.

Appears in 10 contracts

Samples: Purchase Agreement (Knightspoint Partners II, L.P.), Purchase Agreement (Sharper Image Corp), Purchase Agreement (Sharper Image Corp)

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Ownership in the Company. Upon the consummation of the transactions contemplated hereby, and the concurrent sale by the Seller Sellers or its their respective affiliates to other purchasers of Common Stock, other than 64,000 shares of Common Stock and options to purchase an additional 90,000 shares of Common Stock, the Seller Sellers and its their respective affiliates do not own, beneficially or otherwise, directly or indirectly, any securities of the Company or any derivative security relating to the Common Stock.

Appears in 2 contracts

Samples: Purchase Agreement (Sharper Image Corp), Purchase Agreement (Knightspoint Partners II, L.P.)

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