Common use of Right to Sell Clause in Contracts

Right to Sell. If the Company does not exercise its right of first refusal hereunder within the time specified for such exercise, the Grantee shall be free for thirty (30) days following the expiration of such time for exercise to sell or enter into an agreement to sell the Shares specified in the Disposition Notice, at the price specified in the Disposition Notice or any price in excess thereof and otherwise on substantially the same terms set forth in the Disposition Notice; provided, that if such sale is not consummated within such 30-day period, then the provisions of this Section 4 will again apply to the sale of such Shares.

Appears in 8 contracts

Samples: Stock Option Agreement (Mail Com Inc), Np Stock Option Agreement (Mail Com Inc), Stock Option Agreement (Mail Com Inc)

AutoNDA by SimpleDocs

Right to Sell. If the Company does not exercise its right of first refusal hereunder within the time specified for such exercise, the Grantee shall be free for thirty (30) days following the expiration of such time for exercise to sell or enter into an agreement to sell the Shares specified in the Disposition Notice, at the price specified in the Disposition Notice or any price in excess thereof and otherwise on substantially the same terms set forth in the Disposition Notice; provided, that if such sale is not consummated within such 30-day period, then the provisions of this Section 4 will again apply to the sale of such Shares.. 5 EXHIBIT 99.3

Appears in 1 contract

Samples: Stock Option Agreement (Mail Com Inc)

AutoNDA by SimpleDocs

Right to Sell. If the Company does not exercise its right of first refusal hereunder within the time specified for such exercise, the Grantee shall be free for thirty (30) days following the expiration of such time for exercise to sell or enter into an agreement to sell the Shares specified in the Disposition Notice, at the price specified in the Disposition Notice or any price in excess thereof and otherwise on substantially the same terms set forth in the Disposition Notice; provided, that if such sale is not consummated within such 30-day period, then the provisions of this Section 4 will again apply to the sale of such Shares.. 5 EXHIBIT 99.8

Appears in 1 contract

Samples: Stock Option Agreement (Mail Com Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.