Common use of Right of First Offer on Dispositions Clause in Contracts

Right of First Offer on Dispositions. (a) If Equity Participant desires to Transfer all or any part of his Shares pursuant to this Section 6.2 at any time prior to completion of the Corporation’s Initial Public Offering (other than pursuant to Section 6.1(a) or 6.3 hereof), Equity Participant shall submit a written offer (the “Offer”) to sell such Shares (the “Offered Shares”) to the Corporation, which Offer shall specify the number of Offered Shares proposed to be sold, the total number of Shares owned by Equity Participant, and the terms and conditions, including price, at which the Shares are being offered.

Appears in 6 contracts

Samples: Restricted Stock Purchase Agreement (Tengion Inc), Restricted Stock Purchase Agreement (Tengion Inc), Restricted Stock Purchase Agreement (Aegerion Pharmaceuticals, Inc.)

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Right of First Offer on Dispositions. (a) If Equity Participant desires to Transfer all or any part of his Shares pursuant to this Section 6.2 at any time prior to completion of the Corporation’s Initial Public Offering (other than pursuant to Section 6.1(a) or 6.3 hereof6.3), Equity Participant shall submit a written offer (the “Offer”) to sell such Shares (the “Offered Shares”) to the Corporation, which Offer shall specify the number of Offered Shares proposed to be sold, the total number of Shares owned by Equity Participant, and the terms and conditions, including price, at which the Shares are being offered.

Appears in 3 contracts

Samples: Restricted Stock Purchase Agreement, Restricted Stock Purchase Agreement (Aegerion Pharmaceuticals, Inc.), Restricted Stock Purchase Agreement (Aegerion Pharmaceuticals, Inc.)

Right of First Offer on Dispositions. (a) If Equity Participant desires to Transfer all or any part of his Shares pursuant to this Section 6.2 6.3 at any time prior to completion of the Corporation’s Initial Public Offering (other than pursuant to Section 6.1(a) or 6.3 6.4 hereof), Equity Participant shall submit a written offer (the “Offer”) to sell such Shares (the “Offered Shares”) to the Corporation, which Offer shall specify the number of Offered Shares proposed to be sold, the total number of Shares owned by Equity Participant, and the terms and conditions, including price, at which the Shares are being offered.

Appears in 2 contracts

Samples: Restricted Stock Purchase Agreement (Tengion Inc), Restricted Stock Purchase Agreement (Tengion Inc)

Right of First Offer on Dispositions. (a) If Equity Participant Lender desires to Transfer all or any part of his its Shares pursuant to this Section 6.2 4.2 at any time prior to completion of the Corporation’s Initial Public Offering (other than pursuant to Section 6.1(a4.1(a) or 6.3 4.3 hereof), Equity Participant Lender shall submit a written offer (the “Offer”) to sell such Shares (the “Offered Shares”) to the Corporation, which Offer shall specify the number of Offered Shares proposed to be sold, the total number of Shares owned by Equity ParticipantLender, and the terms and conditions, including price, at which the Shares are being offered.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Tengion Inc), Restricted Stock Agreement (Tengion Inc)

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Right of First Offer on Dispositions. (a) If Equity Participant desires to Transfer all or any part of his Shares pursuant to this Section 6.2 at any time prior to completion of the Corporation’s Initial Public Offering (other than pursuant to Section 6.1(a) or 6.3 6 3 hereof), Equity Participant shall submit a written offer (the “Offer”) to sell such Shares (the “Offered Shares”) to the Corporation, which Offer shall specify the number of Offered Shares proposed to be sold, the total number of Shares owned by Equity Participant, and the terms and conditions, including price, at which the Shares are being offered.

Appears in 2 contracts

Samples: Restricted Stock Purchase Agreement (Aegerion Pharmaceuticals, Inc.), Restricted Stock Purchase Agreement (Aegerion Pharmaceuticals, Inc.)

Right of First Offer on Dispositions. (a) If Equity Participant Except as provided in Section 5.1(b), if Employee desires to Transfer all or any part of his its Shares pursuant to this Section 6.2 at any time prior to completion of the Corporation’s Initial Public Offering (other than 5.2 and is not otherwise prohibited from Transferring his Shares pursuant to Section 6.1(a) or 6.3 hereof5.1(a), Equity Participant Employee shall submit a written offer (the "Offer") to sell such Shares (the ----- "Offered Shares") to the Stockholders and the Corporation, which Offer shall -------------- specify the number of Offered Shares proposed to be sold, the total number of Shares owned by Equity ParticipantEmployee, and the terms and conditions, including price, at which the Shares are being offered.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Orapharma Inc)

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