Waiver of Right of First Offer. Notwithstanding anything to the contrary, if the approval of the Perseus Director is required for any Proposed Disposition pursuant to Section 11(e), then the provisions of Sections 8(a) through 8(c) hereof shall not apply.
Appears in 3 contracts
Sources: Shareholder Agreement (Derby Cycle Corp), Shareholder Agreement (Derby Cycle Corp), Shareholders' Agreement (Derby Cycle Corp)