Termination of Right of First Refusal. Any other provision of this Section 7 notwithstanding, in the event that the Common Stock is readily tradable on an established securities market when the Participant desires to transfer Shares, the Company shall have no Right of First Refusal, and the Participant shall have no obligation to comply with the procedures prescribed by Subsections (a) and (b) above.
Appears in 7 contracts
Sources: Stock Option Agreement (Promicell, Inc.), Stock Option Agreement (Promicell, Inc.), Stock Option Agreement (Promicell, Inc.)
Termination of Right of First Refusal. Any other provision of this Section 7 6 notwithstanding, in the event that the Common Stock is readily tradable on an established securities market when the Participant Optionee desires to transfer Shares, the Company shall have no Right of First Refusal, and the Participant Optionee shall have no obligation to comply with the procedures prescribed by Subsections (a) and (b) above.
Appears in 6 contracts
Sources: Non Incentive Stock Option Agreement (EnteroMedics Inc), Non Incentive Stock Option Agreement (EnteroMedics Inc), Non Incentive Stock Option Agreement (EnteroMedics Inc)
Termination of Right of First Refusal. Any other provision of this Section 7 notwithstanding, in the event that the Common Stock is readily tradable on an established securities market when the Participant Optionee desires to transfer Shares, the Company shall have no Right of First Refusal, and the Participant Optionee shall have no obligation to comply with the procedures prescribed by Subsections (a) and (b) above.
Appears in 5 contracts
Sources: Offer Letter (Nevro Corp), Incentive Stock Option Agreement (Nevro Corp), Non Incentive Stock Option Agreement (Nevro Corp)
Termination of Right of First Refusal. Any other provision of this Section 7 2 notwithstanding, in the event that the Common Stock is readily tradable on an established securities market when the Participant Founder desires to transfer Acquired Shares, the Company shall have no Right of First Refusal, and the Participant Founder shall have no obligation to comply with the procedures prescribed by Subsections (a) and (b) above.
Appears in 2 contracts
Sources: Stock Restriction Agreement (T-Mobile US, Inc.), Stock Restriction Agreement (T-Mobile US, Inc.)
Termination of Right of First Refusal. Any other provision of this Section 7 8 notwithstanding, in the event that the Common Stock is readily tradable on an established securities market when the Participant Optionee desires to transfer Shares, the Company shall have no Right of First Refusal, and the Participant Optionee shall have no obligation to comply with the procedures prescribed by Subsections (a) and (b) abovethis Section 8.
Appears in 2 contracts
Sources: Stock Option Agreement (TPT Global Tech, Inc.), Stock Option Agreement (TFN the Football Network Inc)
Termination of Right of First Refusal. Any other provision of this Section 7 5 notwithstanding, in the event that the Common Stock is readily tradable on an established securities market when the Participant Recipient desires to transfer Shares, the Company shall have no Right of First Refusal, and the Participant Recipient shall have no obligation to comply with the procedures prescribed by Subsections (a) and (b) above.
Appears in 1 contract
Sources: Tandem Stock Purchase Right and Bonus Share Agreement (EnteroMedics Inc)
Termination of Right of First Refusal. Any other provision of this Section 7 notwithstanding, in the event that the Common Stock is readily tradable on an established securities market when the Participant Optionee desires to transfer Shares, the Company shall have no Right of First Refusal, and the Participant Optionee shall have no obligation to comply with the procedures prescribed by Subsections (a) and (b) above.
Appears in 1 contract
Termination of Right of First Refusal. Any other provision of this Section 7 8 notwithstanding, in the event that the Common Stock is readily tradable on an established securities market when the Participant Optionee or Transferee desires to transfer Shares, the Company shall have no Right of First Refusal, and the Participant Optionee or Transferee shall have no obligation to comply with the procedures prescribed by Subsections (a) and (b) above.
Appears in 1 contract
Termination of Right of First Refusal. Any other provision of this Section 7 notwithstanding, in the event that the Common Stock capital stock of the Company is readily tradable on an established securities market when the Participant Purchaser desires to transfer SharesSecurities, the Company shall have no Right of First Refusal, and the Participant Purchaser shall have no obligation to comply with the procedures prescribed by Subsections (a) and (b) above.
Appears in 1 contract
Sources: Subscription Agreement
Termination of Right of First Refusal. Any other provision of this Section 7 10 notwithstanding, in the event that the Common Stock is readily tradable on an established securities market when the Participant Holder desires to transfer Shares, the Company shall have no Right of First Refusal, and the Participant Holder shall have no obligation to comply with the procedures prescribed by Subsections (a) and (b) above.
Appears in 1 contract
Sources: Warrant Agreement (DoorDash Inc)