Restrictions on Transfer of Shares Clause Example with 5 Variations from Business Contracts

This page contains Restrictions on Transfer of Shares clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Restrictions on Transfer of Shares. No shares acquired upon exercise of the Option may be sold, exchanged, transferred (including, without limitation, any transfer to a nominee or agent of the Participant), assigned, pledged, hypothecated or otherwise disposed of, including by operation of law, in any manner which violates any of the provisions of this Option Agreement and any such attempted disposition shall be void. The Company shall not be required (a) to transfer on its books any shares which will have been transferred in viol...ation of any of the provisions set forth in this Option Agreement or (b) to treat as owner of such shares or to accord the right to vote as such owner or to pay dividends to any transferee to whom such shares will have been so transferred. View More

Variations of a "Restrictions on Transfer of Shares" Clause from Business Contracts

Restrictions on Transfer of Shares. No shares acquired upon exercise of the Option may be sold, exchanged, transferred (including, without limitation, any transfer to a nominee or agent of the Participant), assigned, pledged, hypothecated or otherwise disposed of, including by operation of law, (a) other than to the Corporation or another stockholder of the Corporation, at any time prior to the earliest of (i) the existence of a public market, as defined in Section 11.9, (ii) the date which is twenty-four (24) months after the exe...rcise of such Option, or (iii) an Ownership Change Event, or (b) in any manner which violates any of the provisions of this Option Agreement or the Stockhholders' Agreement (if the Participant is a party thereto), and any such attempted disposition shall be void. The Company shall not be required (a) to transfer on its books any shares which will have been transferred in violation of any of the provisions set forth in this Option Agreement or (b) to treat as owner of such shares or to accord the right to vote as such owner or to pay dividends to any transferee to whom such shares will have been so transferred. View More
Restrictions on Transfer of Shares. No shares acquired upon exercise of the Option may be sold, exchanged, transferred (including, without limitation, any transfer to a nominee or agent of the Participant), assigned, pledged, hypothecated or otherwise disposed of, including by operation of law, (a) unless a public market (as defined in Section 11.9) then exists for the Stock, prior to the first to occur of an Ownership Change Event or the date occurring six (6) months after the Participant acquired such shares or (b) in any manner... which violates any of the provisions of this Option Agreement Agreement, and any such attempted disposition shall be void. The Company shall not be required (a) to transfer on its books any shares which will have been transferred in violation of any of the provisions set forth in this Option Agreement or (b) to treat as owner of such shares or to accord the right to vote as such owner or to pay dividends to any transferee to whom such shares will have been so transferred. View More
Restrictions on Transfer of Shares. No shares acquired upon exercise settlement of the Option Restricted Stock Units may be sold, exchanged, transferred (including, without limitation, any transfer to a nominee or agent of the Participant), assigned, pledged, hypothecated or otherwise disposed of, including by operation of law, law in any manner which violates any of the provisions of this Option Agreement Restricted Stock Unit Agreement, and any such attempted disposition shall be void. The Company shall not be required (a) to tr...ansfer on its books any shares which will have been transferred in violation of any of the provisions set forth in this Option Restricted Stock Unit Agreement or (b) to treat as owner of such shares or to accord the right to vote as such owner or to pay dividends to any transferee to whom such shares will have been so transferred. View More
Restrictions on Transfer of Shares. No shares unvested Shares acquired upon the exercise of the Option may be sold, exchanged, transferred (including, without limitation, any transfer to a nominee or agent of the Participant), assigned, pledged, hypothecated or otherwise disposed of, including by operation of law in any manner, other than to the Company, and any such attempted disposition shall be void. No Shares acquired upon exercise of the Option may be sold, exchanged, transferred (including, without limitation, any transfer t...o a nominee or agent of the Participant), assigned, pledged, hypothecated or otherwise disposed of, including by operation of law, law in any manner which violates any of the provisions of this Option Agreement Award Agreement, and any such attempted disposition shall be void. The Company shall not be required (a) to transfer on its books any shares Shares which will have been transferred in violation of any of the provisions set forth in this Option Award Agreement or (b) to treat as owner of such shares Shares or to accord the right to vote as such owner or to pay dividends to any transferee to whom such shares Shares will have been so transferred. View More
Restrictions on Transfer of Shares. No shares acquired upon exercise of the Option may be sold, exchanged, transferred (including, without limitation, any transfer to a nominee or agent of the Participant), Optionee), assigned, pledged, hypothecated or otherwise disposed of, including by operation of law, in any manner which violates any of the provisions of this Option Agreement and, except pursuant to an Ownership Change Event, until the date on which such shares become Vested Shares, and any such attempted disposition shall be ...void. The Company shall not be required (a) to transfer on its books any shares which will have been transferred in violation of any of the provisions set forth in this Option Agreement or (b) to treat as owner of such shares or to accord the right to vote as such owner or to pay dividends to any transferee to whom such shares will have been so transferred. View More