Common use of Participation Right Clause in Contracts

Participation Right. Each Eligible Investor shall have the right, exercisable upon written notice to such Seller within fifteen (15) business days after receipt of the Notice, to participate in such Seller’s sale of stock pursuant to the specified terms and conditions of such Purchase Offer. To the extent an Eligible Investor exercises such right of participation in accordance with the terms and conditions set forth below, the number of shares of stock which such Seller may sell pursuant to such Purchase Offer shall be correspondingly reduced. The right of participation of each Eligible Investor shall be subject to the following terms and conditions:

Appears in 7 contracts

Samples: Rights Agreement (Fluidigm Corp), Preferred Stock Purchase Agreement (Fluidigm Corp), Rights Agreement (Fluidigm Corp)

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