First Call Option. The H&Q Parties hereby grant to the Buyers the right and option (the "First Call Option") at any time during the period beginning on January 6, 2004 and ending at 8:00 P.M., New York City time, on January 12, 2004 (the "First Call Exercise Period") to require the H&Q Parties to sell to the Buyers up to the number of Covered Securities set forth opposite each Buyer's name on Exhibit C hereto under the heading "Upon Exercise of the First Call Option."
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Sources: Purchase Agreement (Austin Josiah T), Purchase Agreement (Goodrich Petroleum Corp), Purchase Agreement (Goodrich Petroleum Corp)
First Call Option. The H&Q Parties hereby grant to the Buyers the right and option (the "“First Call Option"”) at any time during the period beginning on January 6, 2004 and ending at 8:00 P.M., New York City time, on January 12, 2004 (the "“First Call Exercise Period"”) to require the H&Q Parties to sell to the Buyers up to the number of Covered Securities set forth opposite each Buyer's ’s name on Exhibit C hereto under the heading "“Upon Exercise of the First Call Option."”
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