Lapse of Right. The First Refusal Right shall lapse and cease to have effect upon the occurrence of a firm commitment underwritten public offering pursuant to an effective registration statement under the Securities Act, covering the offer and sale of the Company's Common Stock in the aggregate amount of at least $10,000,000.
Appears in 2 contracts
Sources: Common Stock Purchase Agreement (International Manufacturing Services Inc), Restricted Stock Purchase Agreement (Wink Communications Inc)
Lapse of Right. The First Refusal Right shall lapse and cease to have effect upon the occurrence of a firm commitment underwritten public offering pursuant to an effective registration 10 statement under the Securities Act, covering the offer and sale of the Company's Common Stock in the aggregate amount of at least $10,000,000.
Appears in 1 contract
Sources: Restricted Stock Purchase Agreement (Wink Communications Inc)