Common use of Right of Participation; Right of First Refusal; Co-Sale Right Clause in Contracts

Right of Participation; Right of First Refusal; Co-Sale Right. The rights of the Preferred Shareholders and the rights of the Preferred Shareholders under Section 3 to Section 4 are fully assignable in connection with a transfer of shares of the Company by such Preferred Shareholders; provided, however, that no party may assign any of the foregoing rights unless the Company is given a written notice by the Preferred Shareholders stating the name and address of the assignee and identifying the securities of the Company as to which the rights in question are being assigned; and provided further, that any such assignee shall receive such assigned rights subject to all the terms and conditions of this Agreement.

Appears in 2 contracts

Samples: Shareholders Agreement (Yalla Group LTD), Shareholders Agreement (Yalla Group LTD)

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Right of Participation; Right of First Refusal; Co-Sale Right. The rights of the Preferred Shareholders and the rights of the Series C Preferred Shareholders under Section Sections 3 to Section and 4 are fully assignable in connection with a transfer of shares of the Company Series C Preferred Shares by such Series C Preferred ShareholdersShareholder; provided, however, that no party may assign be assigned any of the foregoing rights unless the Company is given a written notice by the Series C Preferred Shareholders Shareholder stating the name and address of the assignee and identifying the securities of the Company as to which the rights in question are being assigned; and provided further, that any such assignee shall receive such assigned rights subject to all the terms and conditions of this Agreement.

Appears in 2 contracts

Samples: Shareholders Agreement, Shareholders Agreement (InnoLight Technology Corp)

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