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 (i) 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 Parent and the Company, or (ii) engage in any transaction involving the securities of Parent prior to the Closing. The Company shall not register any sale, assignment or transfer of the Stockholder Shares on... the Company's stock ledger (book entry or otherwise) that is not in compliance with this Section 2. View More