Common use of Binding Effect on Transferees Clause in Contracts

Binding Effect on Transferees. Prior to the Transfer by a Stockholder of Company Securities to a Permitted Transferee, the transferring Stockholder shall cause the transferee to execute an agreement on the same terms and conditions set forth herein, providing that such transferee shall be bound by and shall fully comply with the terms of this Agreement (including the provisions of Section 3.2 with respect to the execution of a Proxy and the provisions of Articles IV and V with respect to the Company Securities being transferred to such transferee) and shall become a Stockholder hereunder.

Binding Effect on Transferees. Prior to the any Transfer by a Stockholder Shareholder of Company Securities to a Permitted Transferee, the transferring Stockholder Shareholder shall cause the transferee to execute an agreement agreement, on the same terms and conditions set forth herein, providing that such transferee shall be bound by and shall fully comply with the terms of this Agreement (including the provisions of Section 3.2 with respect to the execution of a Proxy and the provisions of Articles Article IV and V with respect to the Company Securities being transferred to such transferee) and shall become a Stockholder Shareholder hereunder.

Binding Effect on Transferees. Prior to the any Transfer by a Stockholder Shareholder of Company Securities to a Permitted Transferee, the transferring Stockholder Shareholder shall cause the transferee to execute an agreement on the same terms and conditions set forth herein, providing that such transferee shall be bound by and shall fully comply with the terms of this Agreement (including the provisions of Section 3.2 with respect to the execution of a Proxy and the provisions of Articles Article IV and V with respect to the Company Securities being transferred to such transferee) and shall become a Stockholder Shareholder hereunder.