Common use of Additional Exempt Transfers Clause in Contracts

Additional Exempt Transfers. Notwithstanding anything to the contrary contained in this Agreement, the following transfers will not be subject to the provisions of Section 2.4 or Sections 3.1(a) through (e): a transfer of any Shares pursuant to Rule 144 or a transfer pursuant to a registration statement filed under the Securities Act. Any Shares so transferred will cease to be subject to this Agreement.

Appears in 3 contracts

Samples: Stockholders Agreement (Heartland Industrial Partners L P), Stockholders Agreement (McCallum Elkin), Stockholders Agreement (Collins & Aikman Corp)

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Additional Exempt Transfers. Notwithstanding anything to the --------------------------- contrary contained in this Agreement, the following transfers will not be subject to the provisions of Section 2.4 or Sections 3.1(a) through (e): a transfer of any Shares pursuant to Rule 144 or a transfer pursuant to a registration statement filed under the Securities Act. Any Shares so transferred will cease to be subject to this Agreement.

Appears in 1 contract

Samples: Stockholders Agreement (Becker Charles E /Mi)

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