Example ContractsClausesadjustment for subsequent equity salesIdentical
Adjustment for Subsequent Equity Sales
Adjustment for Subsequent Equity Sales contract clause examples

Future contributions of the Parties, required in the interest of the Joint Venture, shall upon decision by the Board be in proportion to each Party's share in the Joint Venture, being understood that the Parties’ respective participation in the Joint Venture shall be determined at the moment such future additional contribution is required, in accordance with the provisions of [Section 7.2] and following subsections below.

Marijuana Co of America, Inc. (MCOA) (CIK 0001078799)
Source: SEC EDGAR database • Date: June 19, 2018 • SIC: 2833 • CIK: 2833

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.