Partial Exercise of Right. In the event the Company (or its assignees) ------------------------- makes a timely exercise of the First Refusal Right with respect to a portion, but not all, of the Target Shares specified in the Disposition Notice, the Owner shall sell to the Company (or its assignees) the portion of the Target Shares which the Company (or its assignees) has elected to purchase, such sale to be effected in substantial conformity with the provisions of Section 6.3 and sell the remaining Target Shares to a third party purchaser, if so desired by Owner.
Appears in 2 contracts
Sources: Founder Stock Purchase Agreement (Gentle Dental Service Corp), Founder Stock Purchase Agreement (Gentle Dental Service Corp)
Partial Exercise of Right. In the event the Company (or its ------------------------- assignees) ------------------------- makes a timely exercise of the First Refusal Right with respect to a portion, but not all, of the Target Shares specified in the Disposition Notice, the Owner shall sell to the Company (or its assignees) the portion of the Target Shares which the Company (or its assignees) has elected to purchase, such sale to be effected in substantial conformity with the provisions of Section 6.3 and sell the remaining Target Shares to a third party purchaser, if so desired by Owner.
Appears in 1 contract
Sources: Founder Stock Purchase Agreement (Gentle Dental Service Corp)