Common use of Remaining Shares Clause in Contracts

Remaining Shares. The Stockholder acknowledges and agrees that (a) the Shares constitute vested shares not subject to the Company’s right of repurchase set forth in the Prior Agreement and (b) that all shares of Common Stock that were issued to the Stockholder pursuant to the Prior Agreement other than the Shares sold to the Company hereunder shall remain subject to the terms and conditions of the Prior Agreement.

Appears in 4 contracts

Samples: Common Stock Repurchase Agreement, Common Stock Repurchase Agreement (Hammer Fiber Optics Holdings Corp), Common Stock Repurchase Agreement (Hammer Fiber Optics Holdings Corp)

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Remaining Shares. The Stockholder acknowledges and agrees that (a) the Shares constitute vested shares not subject to the Company’s right of repurchase set forth in the Prior Agreement and (b) that all shares of the Common Stock that were issued to the Stockholder pursuant to the Prior Agreement (other than the Shares sold to the Company hereunder and the shares of Common Stock sold in the Public Offering) shall remain subject to the terms and conditions of the Prior Agreement and the Stockholder Agreement.

Appears in 1 contract

Samples: Common Stock Repurchase Agreement (Aes Corp)

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