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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 165.85+1.5%2:46 PM EST

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To: waverider who wrote (253)7/27/1999 1:59:00 AM
From: Michael  Read Replies (1) of 13582
 
(b) If Leap desires to sell or otherwise transfer as described
in Section 5.4(a) above any Leap Operating Asset, Leap shall
first give written notice thereof to QUALCOMM. Such notice
shall indicate the relevant Leap Operating Asset and name the
proposed transferee, and state the number of shares or the extent
and nature of the interest proposed to be transferred, the
proposed consideration including timing and form thereof, and all
other material terms and conditions of the proposed transfer.
(c) For thirty (30) days following receipt of such notice,
QUALCOMM shall have the option to elect to purchase all of the
Leap Operating Asset described in the notice at the price and upon
the terms set forth in such notice, subject to the rights of third
parties and other restrictions that may be set forth in written
agreements with Leap in existence at the time of the Distribution.
In the event QUALCOMM elects to purchase all of the Leap
Operating Asset, it shall give written notice to Leap of its
election and such purchase shall be made pursuant to Section 5.4(e) below.
sec.gov

h) The foregoing right of first refusal shall terminate as of
the date three (3) years following the Distribution.
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