Sale to Third Party. In the event that the Founding Stockholders or the Company do not elect to exercise their rights to purchase all of the Offered Shares under this Section 2.3, the Transferring Stockholder may sell the remaining balance of such Offered Shares to the Buyer on the terms and conditions set forth in the Offer Notice, subject to the provisions of Section 2.4. Notwithstanding the foregoing, in the event the Buyer does not purchase the Offered Shares within ninety (90) calendar days of the Offer Note, then the relevant provisions of Sections 2.3 shall apply.
Appears in 3 contracts
Samples: Stockholders Agreement (Ohia Development Corp), Stockholders Agreement (Global Manufacturers & Contractors, S.A.), Stockholders Agreement (Phoenix Realty, Inc.)
Sale to Third Party. In the event that the Founding Stockholders Stockholder or the Company do not elect to exercise their rights to purchase all of the Offered Shares under this Section 2.3, the Transferring Stockholder may sell the remaining balance of such Offered Shares to the Buyer on the terms and conditions set forth in the Offer Notice, subject to the provisions of Section 2.4. Notwithstanding the foregoing, in the event the Buyer does not purchase the Offered Shares within ninety (90) calendar days of the Offer Note, then the relevant provisions of Sections 2.3 shall apply.
Appears in 3 contracts
Samples: Stockholders Agreement (GreenKissNY, Inc.), Stockholders Agreement (GreenKissNY, Inc.), Stockholders Agreement (GreenKissNY, Inc.)
