Common use of Equivalent Rights Clause in Contracts

Equivalent Rights. The Shareholders acknowledge that the Board may determine that it is in the best interests of FoundryCo to effect its IPO on a securities exchange located outside of the United States. The Shareholders and FoundryCo agree that prior to any such IPO each of them shall use their commercially reasonable efforts to amend this Agreement as may be necessary to ensure that the rights of the Shareholders with respect to any Public Offerings in and following the IPO and the sale of Securities in any such Public Offerings are at least equivalent to the rights set forth in this Agreement in respect of sales of Securities in the United States.

Appears in 4 contracts

Samples: Shareholders’ Agreement, Shareholders’ Agreement (Advanced Micro Devices Inc), Shareholders’ Agreement (Advanced Micro Devices Inc)

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