Common use of Number of Stockholders Clause in Contracts

Number of Stockholders. As long as 399 Venture holds any of the Stockholder Shares, the Company shall notify 399 Venture (i) at least 15 days prior to taking any action after which the number of record holders of the Company's voting stock would be increased to 50 or more, and (ii) of any other action or occurrence after which the number of record holders of the Company's voting stock was increased (or would increase) to 50 or more, as soon as practicable after the Company becomes aware that such other action or occurrence has occurred or is proposed to occur.