Common use of To the Shareholders Clause in Contracts

To the Shareholders. The Drag-Along Call Option may be exercised at any time after receipt by the Company of a Notice of Proposed Drag Along Sale and prior to the earlier of (x) the execution by the Company of a binding agreement for a Proposed Sale, or (y) the expiration of ninety (90) days following the receipt by the Company of a Notice of Proposed Drag Along Sale (the "Drag-Along Call Option Period").

Appears in 2 contracts

Sources: Shareholder Agreement (Valuestar Corp), Shareholder Agreement (Seacoast Capital Partners LTD Partnership)