Common use of Put Option Clause in Contracts

Put Option. In the event of a Prohibited Transfer, the Investor shall have the right to sell to the selling Principal Stockholder(s) a number of shares of Common Stock (either directly or through delivery of convertible Preferred Stock) equal to the number of shares the Investor would have been entitled to transfer to the Purchase Offeror in the Prohibited Transfer pursuant to the terms hereof. Such sale shall be made on the following terms and conditions:

Put Option. In the event of a Prohibited Transfer, the Investor Investors shall have the right option to sell to the selling Principal Stockholder(s) Selling Founder a number of shares of Common Stock of the Company (either directly or through delivery of convertible Preferred Stock) equal to the number of shares that the Investor Investors would have been entitled to transfer to the Purchase Offeror in the sell had such Prohibited Transfer pursuant to the terms been effected in accordance with Article II hereof. Such sale shall be made , on the following terms and conditions:

Put Option. In the event of a Prohibited Transfer, the each Investor shall have the right to sell to the selling Principal Stockholder(s) Violating Stockholders a number of shares of Common Stock (either directly or through delivery of any class of convertible Preferred Stockpreferred stock) equal to the number of shares the each Investor would have been entitled to transfer to the Purchase Offeror purchaser in the Prohibited Transfer pursuant to the terms hereof. Such sale shall be made on the following terms and conditions:

Put Option. In the event of a Prohibited Transfer, the Investor Holder shall have the right to sell to the selling Principal Stockholder(s) a Shareholder engaging in such Prohibited Transfer that number of shares of Common Stock (either directly Shares or through delivery of convertible Preferred Stock) Convertible Securities owned by the Holder equal to the number of shares the Investor Holder would have been entitled to transfer to the Purchase Offeror purchase offeror in the Prohibited Transfer pursuant to the terms hereof. Such sale shall be made on the following terms and conditions:

Put Option. In the event of a Prohibited TransferTransfer involving the co-sale right, the Investor Investors shall have the right option to sell to the selling Principal Stockholder(s) Selling Shareholder a number of shares of Common Stock (either directly or through delivery of convertible Preferred Stock) or Preferred Stock of the Company equal to the number of shares that the Investor Investors would have been entitled to transfer to the Purchase Offeror in the sell had such Prohibited Transfer pursuant to the terms been effected in accordance with Section 3 hereof. Such sale shall be made , on the following terms and conditions:

Put Option. In the event of a Prohibited TransferTransfer by any Shareholder, the Investor Holder shall have the right to sell to the selling Principal Stockholder(s) a such Shareholder that number of shares of Common Stock Shares (including the Common Share Equivalent of Convertible Securities) (either directly or through delivery of convertible Preferred Stocksuch Common Shares and the Common Share Equivalent of Convertible Securities) equal to the number of shares the Investor Holder would have been entitled to transfer to the Purchase Offeror purchaser in the Prohibited Transfer pursuant to the terms hereof. Such sale shall be made on the following terms and conditions:

Put Option. In the event of a Prohibited Transfer, the Investor Investors shall have the right to sell to the selling Principal Stockholder(s) Transferor or Transferors a number of shares of Common Stock (either directly or through delivery of convertible Preferred Stock) equal to the number of shares the Investor Investors would have been entitled to transfer to the Purchase Offeror in the Prohibited Transfer pursuant to the terms hereof. Such sale shall be made on the following terms and conditions:

Put Option. In the event of a Prohibited Transfer, the Investor each Stockholder shall have the right to sell to the selling Principal Stockholder(s) Breaching Founder a number of shares of Common Stock of the Company (either directly or through delivery of convertible Series B Preferred Stock) equal to the number of shares the Investor each Stockholder would have been entitled to transfer to the Purchase Offeror purchaser in the Prohibited Transfer pursuant to the terms hereof. Such sale shall be made on the following terms and conditions: