Rejection of Offer. In the event AOL rejects the Offer, it ------------------ shall communicate such election to the Company by written notice. Immediately following such rejection (including a rejection for failure to accept the offer as specified in (b) and (c) above), and for a period of one-hundred eighty (180) days thereafter, the Company shall be free to offer and Transfer all of the Offered Shares, at a price equal to or greater than the Minimum Price and on other terms and conditions no less favorable than those contained in the Offer.
Appears in 1 contract
Sources: Series D Convertible Preferred Stock Purchase Agreement (CCBN Com)
Rejection of Offer. In the event AOL rejects the Offer, it shall ------------------ shall communicate such election to the Company by written notice. Immediately following such rejection (including a rejection for failure to accept the offer as specified in (b) and (c) above), and for a period of one-hundred eighty (180) days thereafter, the Company shall be free to offer and Transfer all of the Offered Shares, at a price equal to or greater than the Minimum Price and on other terms and conditions no less favorable than those contained in the Offer.
Appears in 1 contract
Sources: Series E 1 Convertible Preferred Stock Purchase Agreement (CCBN Com)