Restrictions on Transfer Clause Example from Business Contracts

Restrictions on Transfer. The Stockholder agrees that, during the term of this Support Agreement, it shall not sell, assign or otherwise transfer any of the Stockholder Shares unless the buyer, assignee or transferee thereof executes a joinder agreement to this Support Agreement in a form reasonably acceptable to the Company and Parent. Parent shall not, and shall not permit Parent's transfer agent to, register any sale, assignment or transfer of the Stockholder Shares on Parent's stock ledger (book entry or otherwise) t...hat is not in compliance with this Section 2. View More