Document ID: 10558

Text:
(ii)For purposes of this Agreement, a QUALIFYING SALE shall mean a sale of Corporation securities by an existing shareholder or shareholders acting in concert (SHAREHOLDER QUALIFYING SALE), or the sale by the Corporation of newly issued securities (CORPORATION QUALIFYING SALE), in any case representing 10% or more of the fully-diluted outstanding capital stock of the Corporation; provided, however, any financing of the Corporation primarily involving existing investors in the Corporation or their affiliates shall not be a Qualifying Sale for purposes of this Agreement.

Named Entities:
54
55
Percentage

Tokenized Text:
(
ii
)
For
purposes
of
this
Agreement
,
a
QUALIFYING
SALE
shall
mean
a
sale
of
Corporation
securities
by
an
existing
shareholder
or
shareholders
acting
in
concert
(
SHAREHOLDER
QUALIFYING
SALE
)
,
or
the
sale
by
the
Corporation
of
newly
issued
securities
(
CORPORATION
QUALIFYING
SALE
)
,
in
any
case
representing
10
%
or
more
of
the
fully-diluted
outstanding
capital
stock
of
the
Corporation
;
provided
,
however
,
any
financing
of
the
Corporation
primarily
involving
existing
investors
in
the
Corporation
or
their
affiliates
shall
not
be
a
Qualifying
Sale
for
purposes
of
this
Agreement
.