{"iri":"https://folio.openlegalstandard.org/R9em7T0Di8mYGAQVo5qSqdc","label":"Preemptive Rights Clause","sub_class_of":["https://folio.openlegalstandard.org/RDe0RKU39BlhcyACJW30ZLc"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":[],"translations":{"fr-fr":"Clause de droits préférentiels","es-es":"Cláusula de Derecho de Adquisición Preferente","es-mx":"Cláusula de Derecho de Adquisición Preferente","pt-br":"Cláusula de direitos de subscrição","en-gb":"Pre-emption Rights Clause","de-de":"Vorzugsaktienklausel","he-il":"סעיף זכויות קדם קנייה","hi-in":"पूर्वाधिकार अधिनियम","zh-cn":"优先认购权条款","ja-jp":"優先的引受権条項"},"hidden_label":null,"definition":"A preemptive rights clause is a provision in a contract that grants a party the right to purchase additional shares of stock in a company before they are offered to the public, thereby maintaining their percentage of ownership.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}