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all right our discussion on special provisions and special rights being given to private equity and venture capital investors continues and in the last uh video we saw how uh investors can protect their investments through anti-dilution clauses uh how promoters can protect the the the shares of the company from falling into wrong hands through writes the first offer and right the first refusal weve also talked about um tag and drag right the only two uh major kinds of clauses that are left in our discussion are exit rights and preferred payouts on liquidation so lets take a look at exit choices that um are exit options that a investor may have weve already talked about a third party sale which might be subject to share transfer restrictions such as the row for the roofer lets talk about the buyback and put option now upon the happening of a particular event or upon the choice of the investor the investor may choose to force the company to buy back the shares or force the promoter t