Common use of Bona Fide Transfer Clause in Contracts

Bona Fide Transfer. If the Company determines that the information provided by the Participant in the Transfer Notice is insufficient to establish the bona fide nature of a proposed voluntary transfer, the Company shall give the Participant written notice of the Participant’s failure to comply with the procedure described in this Section 12, and the Participant shall have no right to transfer the Transfer Shares without first complying with the procedure described in this Section 12. The Participant shall not be permitted to transfer the Transfer Shares if the proposed transfer is not bona fide.

Appears in 2 contracts

Samples: Stock Option Agreement (Conatus Pharmaceuticals Inc.), Stock Option Agreement (Reply! Inc)

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Bona Fide Transfer. If the Company determines that the information provided by the Participant in the Transfer Notice is insufficient to establish the bona fide nature of a proposed voluntary transfer, the Company shall give the Participant written notice of the Participant’s failure to comply with the procedure described in this Section 1210, and the Participant shall have no right to transfer the Transfer Shares Units without first complying with the procedure described in this Section 1210. The Participant shall not be permitted to transfer the Transfer Shares Units if the proposed transfer is not bona fide.

Appears in 2 contracts

Samples: Deferred Units Agreement (Wayfair Inc.), Deferred Units Agreement (Wayfair LLC)

Bona Fide Transfer. If the Company determines that the information provided by the Participant in the Transfer Notice is insufficient to establish the bona fide nature of a proposed voluntary transfer, the Company shall give the Participant written notice of the Participant’s failure to comply with the procedure described in this Section 1211, and the Participant shall have no right to transfer the Transfer Shares Units without first complying with the procedure described in this Section 1211. The Participant shall not be permitted to transfer the Transfer Shares Units if the proposed transfer is not bona fide.

Appears in 2 contracts

Samples: Magnachip Semiconductor LLC, Magnachip Semiconductor LLC

Bona Fide Transfer. If the Company determines that the information provided by the Participant in the Transfer Notice is insufficient to establish the bona fide nature of a proposed voluntary transfer, the Company shall give the Participant written notice of the Participant’s 's failure to comply with the procedure described in this Section 1213, and the Participant shall have no right to transfer the Transfer Shares without first complying with the procedure described in this Section 1213. The Participant shall not be permitted to transfer the Transfer Shares if the proposed transfer is not bona fide.

Appears in 1 contract

Samples: Stock Option Agreement (PROS Holdings, Inc.)

Bona Fide Transfer. If the Company determines that the information provided by the Participant in the Transfer Notice is insufficient to establish the bona fide nature of a proposed voluntary transfer, the Company shall give the Participant written notice of the Participant’s failure to comply with the procedure described in this Section 12Article III, and the Participant shall have no right to transfer the Transfer Shares without first complying with the procedure described in this Section 12Article III. The Participant shall not be permitted to transfer the Transfer Shares if the proposed transfer is not bona fide.

Appears in 1 contract

Samples: Notice and Restricted Stock Unit Agreement (Sprout Social, Inc.)

Bona Fide Transfer. If the Company determines that the information provided by the Participant in the Transfer Notice is insufficient to establish the bona fide nature of a proposed voluntary transfer, the Company shall give the Participant written notice of the Participant’s failure to comply with the procedure described in this Section 127, and the Participant shall have no right to transfer the Transfer Shares Units without first complying with the procedure described in this Section 127. The Participant shall not be permitted to transfer the Transfer Shares Units if the proposed transfer is not bona fide.

Appears in 1 contract

Samples: Restricted Unit Agreement (Magnachip Semiconductor LLC)

Bona Fide Transfer. If the Company determines that the information provided by the Participant in the Transfer Notice is insufficient to establish the bona fide nature of a proposed voluntary transfer, the Company shall give the Participant written notice of the Participant’s failure to comply with the procedure described in this Section 128, and the Participant shall have no right to transfer the Transfer Shares Units without first complying with the procedure described in this Section 128. The Participant shall not be permitted to transfer the Transfer Shares Units if the proposed transfer is not bona fide.

Appears in 1 contract

Samples: Restricted Unit Agreement (Magnachip Semiconductor LLC)

Bona Fide Transfer. If the Company determines that the information provided by the Participant you in the Transfer Notice is insufficient to establish the bona fide nature of a proposed voluntary transfer, the Company shall give the Participant you written notice of the Participant’s your failure to comply with the procedure described in this Section 1211, and the Participant you shall have no right to transfer the Transfer Shares without first complying with the procedure described in this Section 1211. The Participant You shall not be permitted to transfer the Transfer Shares if the proposed transfer is not bona fide.

Appears in 1 contract

Samples: 2011 Equity Incentive (Lipocine Inc.)

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Bona Fide Transfer. If the Company determines that the information provided by the Participant you in the Transfer Notice is insufficient to establish the bona fide nature of a proposed voluntary transfer, the Company shall give the Participant you written notice of the Participant’s your failure to comply with the procedure described in this Section 1210, and the Participant you shall have no right to transfer the Transfer Shares without first complying with the procedure described in this Section 1210. The Participant You shall not be permitted to transfer the Transfer Shares if the proposed transfer is not bona fide.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Lipocine Inc.)

Bona Fide Transfer. If the Company determines that the information provided by the Participant in the Transfer Notice is insufficient to establish the bona fide nature of a proposed voluntary transfer, the Company shall give the Participant written notice of the Participant’s 's failure to comply with the procedure described in this Section 128, and the Participant shall have no right to transfer the Transfer Shares without first complying with the procedure described in this Section 128. The Participant shall not be permitted to transfer the Transfer Shares if the proposed transfer is not bona fide.

Appears in 1 contract

Samples: Stock Purchase Agreement (CreditCards.com, Inc.)

Bona Fide Transfer. If the Company determines that the information provided by the Participant in the Transfer Notice is insufficient to establish the bona fide nature of a proposed voluntary transfer, the Company shall will give the Participant written notice of the Participant’s failure to comply with the procedure described in this Section 1211, and the Participant shall will have no right to transfer the Transfer Shares without first complying with the procedure described in this Section 1211. The Participant shall will not be permitted to transfer the Transfer Shares if the proposed transfer is not bona fide.

Appears in 1 contract

Samples: Stock Option Agreement (Alpha Teknova, Inc.)

Bona Fide Transfer. If the Company determines that the information provided by the Participant in the Transfer Notice is insufficient to establish the bona fide nature of a proposed voluntary transfer, the Company shall give the Participant written notice of the Participant’s failure to comply with the procedure described in this Section 129, and the Participant shall have no right to transfer the Transfer Shares without first complying with the procedure described in this Section 129. The Participant shall not be permitted to transfer the Transfer Shares if the proposed transfer is not bona fide.

Appears in 1 contract

Samples: Restricted Stock Units Agreement (Lovesac Co)

Bona Fide Transfer. If the Company determines that the information provided by the Participant in the Transfer Notice is insufficient to establish the bona fide nature of a proposed voluntary transfer, the Company shall give the Participant written notice of the Participant’s 's failure to comply with the procedure described in this Section 1211, and the Participant shall have no right to transfer the Transfer Shares without first complying with the procedure described in this Section 1211. The Participant shall not be permitted to transfer the Transfer Shares if the proposed transfer is not bona fide.

Appears in 1 contract

Samples: CreditCards.com, Inc.

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