Common use of Termination of Right of First Refusal Clause in Contracts

Termination of Right of First Refusal. Any other provision of this Section 3 notwithstanding, in the event that the Stock is readily tradable on an established securities market when the Purchaser desires to transfer Purchased Shares, the Company shall have no Right of First Refusal, and the Purchaser shall have no obligation to comply with the procedures prescribed by Subsections (a) and (b) above.

Appears in 10 contracts

Samples: Restricted Stock Purchase Agreement (Hortonworks, Inc.), Stock Purchase Agreement (Jazz Pharmaceuticals Inc), Stock Purchase Agreement (Acacia Communications, Inc.)

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Termination of Right of First Refusal. Any other provision of this Section 3 8 notwithstanding, in the event that the Stock is readily tradable on an established securities market when the Purchaser Optionee desires to transfer Purchased Shares, the Company shall have no Right of First Refusal, and the Purchaser Optionee shall have no obligation to comply with the procedures prescribed by Subsections (a) and (b) above.

Appears in 8 contracts

Samples: Comverge, Inc., Stock Purchase Agreement (Adforce Inc), Siebel Systems Inc

Termination of Right of First Refusal. Any other provision of this Section 3 2 notwithstanding, in the event that the Stock is readily tradable on an established securities market when the Purchaser desires to transfer Purchased Shares, the Company shall have no Right of First Refusal, and the Purchaser shall have no obligation to comply with the procedures prescribed by Subsections (a) and (b) above.

Appears in 5 contracts

Samples: Stock Purchase Agreement (Vincera, Inc.), Stock Purchase Agreement (Vincera, Inc.), Stock Restriction Agreement (Stable Road Acquisition Corp.)

Termination of Right of First Refusal. Any other provision of this Section 3 11 notwithstanding, in the event that the Stock is readily tradable on an established public securities market when the Purchaser Holder desires to transfer Purchased Shares, the Company shall have no Right of First Refusal, and the Purchaser Holder shall have no obligation to comply with the procedures prescribed by Subsections (a) and (b) above.

Appears in 2 contracts

Samples: Anaplan, Inc., Anaplan, Inc.

Termination of Right of First Refusal. Any other provision of this Section 3 notwithstanding, in the event that the Stock is readily tradable on an established securities market when the Purchaser desires to transfer Purchased Shares, the Company shall have no Right of First Refusal, and the Purchaser shall have no obligation to comply with the procedures prescribed by Subsections (a) and (b) above.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (Petopia Com Inc), Common Stock Purchase Agreement (Petopia Com Inc)

Termination of Right of First Refusal. Any other provision of this Section 3 2 notwithstanding, in the event that the Stock is readily tradable on an established securities market when the Purchaser Founder desires to transfer Purchased Acquired Shares, the Company shall have no Right of First Refusal, and the Purchaser Founder shall have no obligation to comply with the procedures prescribed by Subsections (a) and (b) above.

Appears in 2 contracts

Samples: Stock Restriction Agreement (T-Mobile US, Inc.), Stock Restriction Agreement (T-Mobile US, Inc.)

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Termination of Right of First Refusal. Any other provision of this Section 3 notwithstanding, in the event that the Stock is readily tradable on an established securities market when the Purchaser Participant desires to transfer Purchased Shares, the Company shall have no Right of First Refusal, and the Purchaser Participant shall have no obligation to comply with the procedures prescribed by Subsections (a3(a) and (b3(b) above.

Appears in 1 contract

Samples: Equity Incentive Plan (Daystar Technologies Inc)

Termination of Right of First Refusal. Any other provision of this Section 3 notwithstanding, in the event that the Stock is readily tradable on an established securities market when the Purchaser Participant desires to transfer Purchased Shares, the Company shall have no Right of First Refusal, and the Purchaser Participant shall have no obligation to comply with the procedures prescribed by Subsections (a) and (b) above.

Appears in 1 contract

Samples: Restricted Stock Issuance Agreement (Daystar Technologies Inc)

Termination of Right of First Refusal. Any other provision of this Section 3 2 notwithstanding, in the event that the Stock is readily tradable on an established securities market when the a Purchaser desires to transfer Purchased Shares, the Company shall have no Right of First Refusal, and the such Purchaser shall have no obligation to comply with the procedures prescribed by Subsections (a) and (b) above.

Appears in 1 contract

Samples: General Release and Settlement Agreement (Sputnik, Inc.)

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