Reasonable Terms. In connection with any underwritten offering, the Company shall not be required under this Article 12 to include any Class B Common Stock owned by any Participating Stockholder other than on the terms of the underwriting of such offering that have been reasonably agreed upon between the Company and the underwriters; provided, that, in any such underwriting the Company and all Participating Stockholders, subject to the other provisions hereof, shall be treated substantially similarly.
Appears in 2 contracts
Sources: Stock Exchange Agreement (Hicks Thomas O), Stock Exchange Agreement (Idt Corp)