Pro-Rata Preemptive Right. Subject to Section 6.3, each time a Company proposes to allot, issue, sell or resell any Equity Securities, together with any corresponding Special Voting Stock (if applicable), such Company (the “Issuing Company”) shall first offer (the “Treasury Offer”) the Equity Securities and corresponding Special Voting Stock (if applicable) to the Investors (collectively the “Treasury Offerees” and individually a “Treasury Offeree”) on the following basis:
Pro-Rata Preemptive Right. Subject to Section 6 and unless waived in writing by the INVESTOR, each time the Corporation proposes to allot, issue, sell or resell any Equity Securities (a "Treasury Offer"), the Corporation shall first offer the INVESTOR its pro rata share of such Equity Securities on the following basis:
Pro-Rata Preemptive Right. Subject to Section 2.4, each time the Corporation proposes to allot, issue, sell or resell any Lower Priced Shares, the Corporation shall first offer (the "Treasury Offer") the Lower Priced Shares to the Stockholders (collectively the "Treasury Offerees" and individually a "Treasury Offeree") on the following basis:
