Common use of Sale Notice Clause in Contracts

Sale Notice. The Majority Stockholder shall provide each Management Stockholder with written notice (the "Tag-Along Sale Notice") not more than sixty days nor less than twenty days prior to the proposed date (the "Tag-Along Sale Date") of the Tag-Along Sale. Each Tag-Along Sale Notice shall be accompanied by a copy of any written agreement relating to the Tag-Along Sale and shall set forth (i) the name and address of each proposed Transferee of Shares in the Tag-Along Sale; (ii) the number of Shares proposed to be sold by the Majority Stockholder; (iii) the proposed amount and form of consideration to be paid for such Shares and the terms and conditions of payment offered by the proposed Transferees; (iv) the aggregate number of Shares Beneficially Owned by the Management Stockholder as of the close of business on the day immediately prior to the date of delivery of the Tag-Along Sale Notice (the "Tag-Along Sale Notice Date"); (v) the Management Stockholder's Tag-Along Allotment assuming such Management Stockholder elected to include the maximum number of Shares possible in the Tag-Along Sale; (vi) confirmation that the Transferee has been informed of the rights provided for in this Article V and has agreed to purchase Shares in accordance with the terms hereof; and (vii) the Tag-Along Sale Date.

Appears in 2 contracts

Samples: Stockholders' Agreement (Mikasa Inc), Agreement (Mikasa Inc)

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Sale Notice. The Majority Stockholder CuraGen shall provide each Management Tag-Along Stockholder and the Company with written notice (the "Tag-Along Sale Notice") not more than sixty days nor less than twenty 14 days prior to the proposed date of the Tag-Along Sale (the "Tag-Along Sale Date") of the Tag-Along Sale”). Each Tag-Along Sale Notice shall be accompanied by a copy of any written agreement relating to the Tag-Along Sale (if available) and shall set forth forth: (ia) the name and address of each proposed Transferee purchaser of Shares shares of Common Stock in the Tag-Along Sale; (iib) the number of Shares shares of Common Stock proposed to be sold by the Majority Stockholdersold; (iiic) the proposed amount and form of consideration to be paid for such Shares shares of Common Stock and the terms and conditions of payment offered by the each proposed Transfereespurchaser; (ivd) the aggregate number of Shares Beneficially Owned shares of Common Stock held of record by the Management Stockholder CuraGen as of the close of business on the day immediately prior to preceding the date of delivery of the Tag-Along Sale Notice (the "Tag-Along Sale Notice Date"); (ve) the Management Tag-Along Stockholder's ’s Tag-Along Allotment assuming such Management the Tag-Along Stockholder elected to include sell the maximum number of Shares possible in the Tag-Along Sale; (vi) confirmation that the Transferee has been informed shares of the rights provided for in this Article V and has agreed to purchase Shares in accordance with the terms hereofCommon Stock possible; and (viif) the Tag-Along Sale Date.

Appears in 2 contracts

Samples: Purchase Agreement (Curagen Corp), Purchase Agreement (Curagen Corp)

Sale Notice. The Majority Stockholder relevant Purchaser Parties shall provide each Management Tag-Along Stockholder and the Company with written notice (the "Tag-Along Sale Notice") not more than sixty (60) days nor less than twenty thirty (30) days prior to the proposed date of the Tag-Along Sale (the "Tag-Along Sale Date") of the Tag-Along Sale). Each Tag-Along Sale Notice shall be accompanied by a copy of any written agreement relating to the Tag-Along Sale and shall set forth forth: (i) the name and address of each proposed Transferee of Common Shares in the Tag-Along Sale; (ii) the number of Common Shares proposed to be sold Transferred by the Majority Stockholdersuch Purchaser Parties; (iii) the proposed amount and form of consideration to be paid for such Common Shares and the terms and conditions of payment offered by the each proposed TransfereesTransferee; (iv) the aggregate number of Common Shares Beneficially Owned held of record by the Management Stockholder Purchaser Parties as of the close of business on the day immediately prior to the date of delivery of the Tag-Along Sale Notice (the "Tag-Along Sale Notice Date"); (v) the Management Tag-Along Stockholder's Tag-Along Allotment assuming such Management the Tag-Along Stockholder elected to include sell the maximum number of Common Shares possible in the Tag-Along Salepossible; (vi) confirmation that the proposed Transferee has been informed of the rights "Tag-Along Rights" provided for in this Article V herein and has agreed to purchase Common Shares from any Tag-Along Stockholder in accordance with the terms hereof; and (vii) the Tag-Along Sale Date.

Appears in 1 contract

Samples: Stockholders Agreement (Diamond Triumph Auto Glass Inc)

Sale Notice. The Majority Stockholder Green Parties shall provide each Management Tag-Along Stockholder with and the Company written notice (the "Tag-Along Sale Notice") not more than sixty (60) days nor less than twenty thirty (30) days prior to the proposed date of the Tag-Along Sale (the "Tag-Along Sale Date") of the Tag-Along Sale”). Each Tag-Along Sale Notice shall be accompanied by a copy of any written agreement relating to the Tag-Along Sale and shall set forth forth: (i) the name and address of each proposed Transferee of Shares in the Tag-Along Sale; (ii) the number of Common Shares proposed to be sold Transferred by the Majority Stockholdersuch Green Parties; (iii) the proposed amount and form of consideration to be paid for such Common Shares and the terms and conditions of payment offered by the each proposed TransfereesTransferee; (iv) the aggregate number of Common Shares Beneficially Owned held of record by the Management Stockholder Green Parties as of the close of business on the day immediately prior to the date of delivery of the Tag-Along Sale Notice (the "Tag-Along Sale Notice Date"); (v) the Management Tag-Along Stockholder's ’s Tag-Along Allotment of Common Shares, assuming such Management the Tag-Along Stockholder elected to include sell the maximum number of Common Shares possible in the Tag-Along Salepermissible; (vi) confirmation that the proposed Transferee has been informed of the rights “Tag-Along Rights” provided for in this Article V herein and has agreed to purchase Common Shares from any Tag-Along Stockholder in accordance with the terms hereof; and (vii) the Tag-Along Sale Date.

Appears in 1 contract

Samples: Stockholders Agreement (Leslies Poolmart Inc)

Sale Notice. The Majority Stockholder Transferor shall provide each Management Stockholder the Investor and the Company with written notice (the "“Transferor Tag-Along Sale Notice") not more than sixty thirty (30) days nor less than twenty days ten (10) Business Days prior to the proposed date of the Transferor Tag-Along Sale (the "“Transferor Tag-Along Sale Date") of the Tag-Along Sale”). Each Transferor Tag-Along Sale Notice shall be accompanied by a copy of any written agreement relating to the Tag-Along Sale and shall set forth forth: (i) the name and address of each proposed Transferee of Stockholder Shares in the Transferor Tag-Along SaleSale and the name and address of the Transferor(s); (ii) the number of Stockholder Shares proposed to be sold Transferred by the Majority StockholderTransferor; (iii) the proposed amount and form of consideration to be paid for such Stockholder Shares and the terms and conditions of payment offered by the each proposed TransfereesTransferee; (iv) the aggregate number of Stockholder Shares Beneficially Owned held of record by the Management Stockholder Transferor as of the close of business on the day immediately prior to the date of delivery of the Transferor Tag-Along Sale Notice (the "“Transferor Tag-Along Sale Notice Date"); (v) the Management Stockholder's Investor’s Tag-Along Allotment Allotment, which shall be based upon the number of Stockholder Shares held of record by the Investor as of the close of business on the day immediately prior to the Transferor Tag-Along Notice Date, assuming such Management Stockholder the Investor elected to include sell the maximum number of Stockholder Shares possible in (such allotment subject to reduction on a pro rata basis depending upon the Tag-Along Saletotal number of Stockholder Shares the Transferee is willing to acquire); and (vi) confirmation that the Transferee has been informed of the rights provided for in this Article V and has agreed to purchase Shares in accordance with the terms hereof; and (vii) the Transferor Tag-Along Sale Date.

Appears in 1 contract

Samples: Investors Agreement (eLong, Inc.)

Sale Notice. The Majority Stockholder relevant Purchaser Parties shall provide each Management Tag-Along Stockholder and the Company with written notice (the "Tag-Along Sale Notice") not more than sixty (60) days nor less than twenty thirty (30) days prior to the proposed date of the Tag-Along Sale (the "Tag-Along Sale Date") of the Tag-Along Sale”). Each Tag-Along Sale Notice shall be accompanied by a copy of any written agreement relating to the Tag-Along Sale and shall set forth forth: (i) the name and address of each proposed Transferee of Shares in the Tag-Along Sale; (ii) the number of Shares proposed to be sold Transferred by the Majority Stockholdersuch Purchaser Parties; (iii) the proposed amount and form of consideration to be paid for such Shares and the terms and conditions of payment offered by the each proposed TransfereesTransferee; (iv) the aggregate number of Shares Beneficially Owned held of record by the Management Stockholder Purchaser Parties as of the close of business on the day immediately prior to the date of delivery of the Tag-Along Sale Notice (the "Tag-Along Sale Notice Date"); (v) the Management Tag-Along Stockholder's ’s Tag-Along Allotment assuming such Management the Tag-Along Stockholder elected to include sell the maximum number of Shares possible in the Tag-Along Salepossible; (vi) confirmation that the proposed Transferee has been informed of the rights Tag-Along Rights provided for in this Article V herein and has agreed to purchase Shares from any Tag-Along Stockholder in accordance with the terms hereof; and (vii) the Tag-Along Sale Date.

Appears in 1 contract

Samples: Stockholders Agreement (Check Mart of New Mexico Inc)

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Sale Notice. The Majority Stockholder relevant Purchaser Parties shall provide each Management Tag-Along Stockholder and the Company with written notice (the "TagTAG-Along Sale NoticeALONG SALE NOTICE") not more than sixty (60) days nor less than twenty fifteen (15) days prior to the proposed date (the "Tag-Along Sale Date") of the Tag-Along SaleSale (the "TAG-ALONG SALE DATE"). Each Tag-Along Sale Notice shall be accompanied by a copy of any written agreement relating to the Tag-Along Sale and shall set forth forth: (i) the name and address of each proposed Transferee of Shares in the Tag-Along Sale; (ii) the number of Common Shares proposed to be sold Transferred by the Majority Stockholdersuch Purchaser Parties; (iii) the proposed amount and form of consideration (including any potential adjustments to the consideration paid for such Shares contained in the written agreement relating to the Tag-Along Sale) to be paid for such Shares and the terms and conditions of payment offered by the each proposed TransfereesTransferee; (iv) the aggregate number of Common Shares Beneficially Owned held of record by the Management Stockholder Purchaser Parties proposing to participate in a Tag-Along Sale as of the close of business on the day immediately prior to the date of delivery of the Tag-Along Sale Notice (the "TagTAG-Along Sale Notice DateALONG NOTICE DATE"); (v) the Management Tag-Along Stockholder's Tag-Along Allotment assuming such Management the Tag-Along Stockholder elected to include sell the maximum number of Shares possible in the Tag-Along SaleCommon Shares; (vi) confirmation that the proposed Transferee has been informed of the rights "Tag-Along Rights" provided for in this Article V herein and has agreed to purchase Shares from any Tag-Along Stockholder in accordance with the terms hereof; and (vii) the Tag-Along Sale Date.

Appears in 1 contract

Samples: Stockholders Agreement (Petco Animal Supplies Inc)

Sale Notice. The Majority Stockholder Selling Shareholder(s) shall provide each Management Stockholder Tag-Along Shareholder and the Company with written notice (the "Tag-Along Sale Notice") not more than sixty days nor less than twenty thirty (30) days prior to the proposed date of the Tag-Along Sale (the "Tag-Along Sale Date") of the Tag-Along Sale). Each Tag-Along Sale Notice shall be accompanied by a copy of any written agreement relating to the Tag-Along Sale (if available) and shall set forth forth: (i) the name and address of each proposed Transferee of Shares the Third Party in the Tag-Along Sale; (ii) the number of Shares shares proposed to be sold Transferred by the Majority StockholderSelling Shareholder(s); (iii) the proposed amount and form of consideration to be paid for such Shares shares expressed on a per share basis and the terms and conditions of payment offered by the proposed TransfereesThird Party; (iv) the aggregate number of Shares Beneficially Owned shares of the Company held of record by the Management Stockholder Selling Shareholder(s) as of the close of business on the day immediately prior to preceding the date of delivery of the Tag-Along Sale Notice (the "Tag-Along Sale Notice Date"); (v) the Management Stockholder's Tag-Along Allotment assuming such Management Stockholder elected to include the maximum number of Shares possible in the Tag-Along Sale; (vi) confirmation that the Transferee Third Party has been informed of the rights "Tag-Along Rights" provided for in this Article V herein and has agreed to purchase Shares shares from any Tag-Along Shareholder in accordance with the terms hereof; and (viivi) the Tag-Along Sale Date.

Appears in 1 contract

Samples: Shareholders' Agreement (El Sitio Inc)

Sale Notice. The Majority Stockholder Investor shall provide each Management Tag-Along Stockholder and the Company with written notice (the "Tag-Along Sale Notice") not more than sixty thirty (30) days nor less than twenty days ten (10) Business Days prior to the proposed date of the Tag-Along Sale (the "Tag-Along Sale Date") of the Tag-Along Sale”). Each Tag-Along Sale Notice shall be accompanied by a copy of any written agreement relating to the Tag-Along Sale and shall set forth forth: (i) the name and address of each proposed Transferee of Stockholder Shares in the Tag-Along Sale; (ii) the number of Stockholder Shares proposed to be sold Transferred by the Majority StockholderInvestor; (iii) the proposed amount and form of consideration to be paid for such Stockholder Shares and the terms and conditions of payment offered by the each proposed TransfereesTransferee; (iv) the aggregate number of Stockholder Shares Beneficially Owned held of record by the Management Stockholder Investor as of the close of business on the day immediately prior to the date of delivery of the Tag-Along Sale Notice (the "Tag-Along Sale Notice Date"); (v) the Management Stockholder's Tag-Along Allotment Stockholder’s Tag-Along Allotment, which shall be based upon the number of Stockholder Shares held of record by such Tag-Along Stockholder as of the close of business on the day immediately prior to the Tag-Along Notice Date, assuming such Management the Tag-Along Stockholder elected to include sell the maximum number of Stockholder Shares possible in (such allotment subject to reduction on a pro rata basis depending upon the Tag-Along Sale; (vi) confirmation that total number of Stockholder Shares the Transferee has been informed of the rights provided for in this Article V and has agreed is willing to purchase Shares in accordance with the terms hereofacquire); and (viivi) the Tag-Along Sale Date.

Appears in 1 contract

Samples: Investors Agreement (eLong, Inc.)

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