Common use of Rights to Future Stock Issuances Clause in Contracts

Rights to Future Stock Issuances. Subject to the terms and conditions of this Section 10 and applicable securities laws, if at any time during the period ending 24 months after the Closing Date of the initial Closing, the Company proposes to offer or sell any New Securities, the Company shall offer to the Investors the opportunity to purchase up to twenty percent (20%) of such New Securities (such amount, the “Offered Securities”). Such offer may only be accepted with the prior written approval of an Investor. If accepted by an Investor, it shall be afforded the opportunity to purchase its Pro Rata Portion (as defined below). The Investors shall be entitled to apportion the right of first offer hereby granted to them in such proportions as they deem appropriate among themselves and their Affiliates.

Rights to Future Stock Issuances. Subject to the terms and conditions of this Section 10 and applicable securities laws, if at any time during the period ending 24 18 months after the Closing Date of the initial Closing, the Company proposes to offer or sell any New Securities, the Company shall offer to the Investors the opportunity to purchase up to twenty ten percent (2010%) of such New Securities (such amount, the “Offered Securities”). Such offer may only be accepted with the prior written approval of an Investor. If accepted by an Investor, it shall be afforded the opportunity to purchase its Pro Rata Portion (as defined below). The Investors shall be entitled to apportion the right of first offer hereby granted to them in such proportions as they deem appropriate among themselves and their Affiliates.

Rights to Future Stock Issuances. Subject to the terms and conditions of this Section 10 and applicable securities laws, if at any time during prior to the period ending 24 months after the Closing Date first anniversary of the initial Closing, the Company proposes to offer or sell any New Securities, the Company shall first offer to the Investors the opportunity to purchase up to twenty thirty percent (2030%) of such New Securities (such amount, the “Offered Securities”). Such offer may only be accepted with the prior written approval of an Investorthe Requisite Holders. If accepted by an Investorthe Requisite Holders, it the Requisite Holders providing such approval and each of the other Investors shall be afforded the opportunity to purchase its their Pro Rata Portion Portions (as defined below)) of up to thirty percent (30%) of such New Securities. The Investors shall be entitled to apportion the right of first offer hereby granted to them it in such proportions as they deem appropriate among themselves and their Affiliates.

Rights to Future Stock Issuances. Subject to the terms and conditions of this Section 10 and applicable securities laws, if at any time during prior to the period ending 24 months after the Closing Date first anniversary of the initial Closing, the Company proposes to offer or sell any New Securities, the Company shall first offer to the Investors the opportunity to purchase up to twenty thirty percent (2030%) of such New Securities (such amount, the “Offered Securities”). Such offer may only be accepted with the prior written approval of an Investor. If accepted by an the Investor, it shall be afforded the opportunity to purchase its Pro Rata Portion Portions (as defined below)) of up to thirty percent (30%) of such New Securities. The Investors shall be entitled to apportion the right of first offer hereby granted to them in such proportions as they deem appropriate among themselves and their Affiliates.