Additional Issuance Notices. The COMPANY shall give written notice (an “Issuance Notice”) of any proposed issuance or sale described in Section 11.3 to the Shareholders. The Issuance Notice shall, if applicable, be accompanied by a written offer from any prospective purchaser seeking to purchase Shares, to the extent known to the Company at the time, and shall set forth the material terms and conditions of the proposed issuance, including, without limitation: (i) the number and description of the new Shares proposed to be issued and the percentage of the COMPANY’s outstanding equity interests such issuance would represent; (ii) the proposed issuance date; and (iii) the proposed purchase price per share.
Appears in 2 contracts
Sources: Joint Venture Agreement (Novavax Inc), Joint Venture Agreement (Novavax Inc)