Common use of Assignment and Termination Clause in Contracts

Assignment and Termination. The rights of the Investors set forth in this Section 8 are fully assignable to any Person who holds or is acquiring the Preferred Shares and in case of VAL, any class of shares held by VAL in a permitted transfer; provided, however, that the Company is given a written notice at the time of such assignment stating the name and address of the assignee and identifying the securities of the Company as to which the rights in question are being assigned; provided further, that the transferee executes and delivers an Adherence Agreement. The rights of the Investors in this Section 8 shall terminate upon completion of a Qualified IPO.

Assignment and Termination. The rights of the Investors set forth in this Section 8 are fully assignable to any Person person who holds or is acquiring the Series A Preferred Shares and in case of VAL, any class of shares held by VAL or Series B Preferred Shares or Series C Preferred Shares in a permitted transfer; provided, however, that the Company is given a written notice at the time of such assignment stating the name and address of the assignee and identifying the securities of the Company as to which the rights in question are being assigned; provided further, that the transferee executes and delivers an Adherence Agreement. The rights of the Investors in this Section 8 shall terminate upon completion of a Qualified IPO.

Assignment and Termination. The rights of the Investors set forth in this Section 8 7 are fully assignable to any Person who holds or is person acquiring the Preferred Shares and in case of VAL, any class of shares Investment Securities held by VAL in a permitted transfersuch Investors; provided, however, however that the Company is given a written notice at the time of such assignment stating the name and address of the assignee and identifying the securities of the Company as to which the rights in question are being assigned; and provided furtherfurther that any such assignee shall receive such assigned rights subject to all the terms and conditions of this Agreement, that including without limitation the transferee executes provisions of this Section 7, and delivers an Adherence agree to abide by this Agreement by executing a Joinder Agreement. The rights of the Investors in this Section 8 7 shall terminate upon completion of a Qualified IPO.