Common use of Shareholder Issues Clause in Contracts

Shareholder Issues. In the event of the permanent disability or permanent incapacity of Dr. ▇▇▇▇▇ ▇▇ determined by a recognized medical authority, then the Shares shall be sold and transferred to the Medical Group in accordance with Article III of the Bylaws of the Medical Group. In such event, the Medical Group shall sell newly issued shares to a Successor Shareholder in the manner set forth in paragraph 3.1 herein.

Appears in 1 contract

Sources: Succession Agreement (Raytel Medical Corp)

Shareholder Issues. In the event of the permanent disability or permanent incapacity of Dr. ▇▇▇▇▇▇▇▇▇▇ ▇▇ determined by a recognized medical authority, then the Shares shall be sold and transferred to the Medical Group in accordance with Article III of the Bylaws of the Medical Group. In such event, the Medical Group shall sell newly issued shares to a Successor Shareholder in the manner set forth in paragraph 3.1 herein.

Appears in 1 contract

Sources: Succession Agreement (Raytel Medical Corp)