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...
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Found in
IGM Biosciences, Inc. contract
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...
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Found in
Gemphire Therapeutics Inc. contract
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...
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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...
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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...
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Found in
Sonendo, Inc. contract
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 ...
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