Stock Sales. Immediately following your resignation, DoubleClick will, to the extent necessary, file to remove you as a Section 16 reporting officer. You acknowledge that you are familiar with the trading and reporting requirements applicable to a former Section 16 reporting officer. Until the Termination Date, you agree to continue to abide by DoubleClick's xxxxxxx xxxxxxx policies, for which purposes you shall remain a "Listed Employee." Following the Termination Date until 2 January 2003, you agree to notify DoubleClick in advance of any planned stock sales, although it is acknowledged that you will no longer be subject to DoubleClick's xxxxxxx xxxxxxx policies following the Termination Date.
Stock Sales. (a) If both KLT Telecom Inc. ("KLT") and Xxxxxxx X. Xxxxxxxxx ("Xxxxxxxxx") agree to sell a substantial portion of their Common Stock to a third party in any one transaction or series of related transactions (other than a public offering), then upon the request of the Holder, KLT and Xxxxxxxxx shall afford to the Holder the opportunity to sell to such third party (i) the same percentage of Common Stock issuable upon exercise of this Warrant as is being sold by KLT and Xxxxxxxxx on a combined basis (as measured at the time of the transaction, or the first of any series of related transactions), (ii) at the same price and (iii) on the same terms and conditions, as KLT and Xxxxxxxxx have agreed to sell their Common Stock. If either KLT, on the one hand, or Xxxxxxxxx, on the other, agree to sell a significant portion of its or his Common Stock to Xxxxxxxxx or KLT, respectively, then upon the request of the Holder, KLT or Xxxxxxxxx, as the case may be, shall afford to the Holder the opportunity to sell to Xxxxxxxxx or KLT, respectively (i) the same percentage of Common Stock issuable upon exercise of this Warrant as is being sold by KLT or Xxxxxxxxx on an individual basis (as measured at the time of the transaction, or the first of any series of related transactions), (ii) at the same price and (iii) on the same terms and conditions, as KLT or Xxxxxxxxx, as the case may be, have agreed to sell their Common Stock. The phrase "substantial portion", as used in the first sentence of this Section 6.10(a), shall mean any sale of 55% or more of the combined holdings of KLT and Xxxxxxxxx, and the phrase "significant portion" as used in the second sentence of this Section 6.10(a), shall mean any sale of 10% or more of KLT's or Xxxxxxxxx'x individual holding, as the case may be.
Stock Sales. The Sellers agree to limit any sales of the JSUB stock acquired under this Agreement to (i) 5,000 shares of JSUB stock per business day (proportionately adjusted for any increase or decrease in the number of issued shares of Common Stock resulting from any stock split or other subdivision consolidation of shares) or (ii) such amount as the market will reasonably bear.
Stock Sales. Concurrently with the Closing, certain stockholders of Ultra Sun shall complete the sale to certain stockholders of Wild Earth of a total of 829,200 shares of Ultra Sun common stock.
Stock Sales. Kxxxxxx agrees that she will abide by the restrictions that apply to an insider under SEC Rule 144 in any sale of Company stock.
Stock Sales. Consultant shall not, directly or indirectly (including through short sales, derivative or other synthetic transactions), on any given day sell or otherwise dispose of shares of Company Common Stock in an amount that exceeds ten percent (10%) of the thirty (30) day average daily volume of trading in the Company’s Common Stock, as such average daily volume is reported by a nationally recognized source.
Stock Sales. You shall not, directly or indirectly (including through short sales, derivative or other synthetic transactions), on any given day sell or otherwise dispose of shares of Company Common Stock in an amount that exceeds ten percent (10%) of the thirty (30) day average daily volume of trading in the Company’s Common Stock, as such average daily volume is reported by a nationally recognized source. {Glossary begins on next page} GLOSSARY
Stock Sales. 26 ARTICLE 7 Indemnification................................................. 26 7.1 Seller's Obligation to Indemnify................................ 26 7.2 Buyer's Obligation to Indemnify................................. 27
Stock Sales. The parties shall act in good faith to consummate the sale of all of the issued and outstanding equity interests of Agtrol Argentina (the "Argentina Stock Sale") and Agtrol Mexico (the "Mexico Stock Sale") from the Seller to Buyer for aggregate consideration of $10 pursuant to separate Stock Purchase Agreements that shall substantially replicate the terms and conditions hereof to the extent applicable and subject to such changes (i) as may be necessary or desirable under applicable local law or (ii) as may be reasonable in light of the size and type of the operations of Agtrol Argentina and Agtrol Mexico.
Stock Sales. Executive agrees that he will act in good faith to execute any stock sales in an orderly fashion so as not to unduly disrupt the market in the Company's common stock.
