Common use of Standstill Exceptions Clause in Contracts

Standstill Exceptions. Notwithstanding anything herein to the contrary, the prohibitions in Section 3(a) shall not apply to the activities of the Investor Stockholder (to the extent prohibited by Section 3(a)) or any Standstill Party in connection with: (i) acquisitions made as a result of a stock split, stock dividend, reorganization, recapitalization, reclassification, combination, exchange of shares or other like change approved or recommended by the Board; or (ii) acquisitions made in connection with a transaction or series of related transactions in which the Investor Stockholder or any of its Group Members acquires a previously unaffiliated business entity that Beneficially Owns Company Shares or any securities convertible into, or exercisable or exchangeable for, Company Shares, at the time of the consummation of such acquisition.

Standstill Exceptions. Notwithstanding anything herein to the contrary, the prohibitions in Section 3(a4(a) shall not apply to the activities of the Investor Stockholder Stockholders (to the extent prohibited by Section 3(a4(a)) or any Standstill Party in connection with: (i) acquisitions made as a result of a stock split, stock dividend, reorganization, recapitalization, reclassification, combination, exchange of shares or other like change approved or recommended by the Board; or (ii) acquisitions made in connection with a transaction or series of related transactions in which any of the Investor Stockholder Stockholders or any of its their Group Members acquires a previously unaffiliated business entity that Beneficially Owns Company Purchaser Shares or any securities convertible into, or exercisable or exchangeable for, Company Purchaser Shares, at the time of the consummation of such acquisition.