Common use of Bona Fide Transfer Clause in Contracts

Bona Fide Transfer. If the Company determines that the information provided by the CEO in the Transfer Notice is insufficient to establish the bona fide nature of a proposed voluntary transfer, the Company shall give the CEO written notice of the CEO’s failure to comply with the procedure described in this Section 4, and the CEO shall have no right to transfer the Transfer Shares without first complying with the procedure described in this Section 4. The CEO shall not be permitted to transfer the Transfer Shares if the proposed transfer is not bona fide.

Bona Fide Transfer. If the Company determines that the information provided by the CEO in the Transfer Notice is insufficient to establish the bona fide nature of a proposed voluntary transfer, the Company shall give the CEO written notice of the CEO’s failure to comply with the procedure described in this Section 4, and the CEO shall have no right to transfer the Transfer Shares without first complying with the procedure described in this Section 4. The CEO shall not be permitted to transfer the Transfer Shares if the proposed transfer is not bona fide.. WEST\247678809.1

Bona Fide Transfer. If the Company determines that the information provided by the CEO in the Transfer Notice is insufficient to establish the bona fide nature of a proposed voluntary transfer, the Company shall give the CEO written notice of the CEO’s failure to comply with the procedure described in this Section 4, and the CEO shall have no right to transfer the Transfer Shares without first complying with the procedure described in this Section 4. The CEO shall not be permitted to transfer the Transfer Shares if the proposed transfer is not bona fide.. WEST\245959304.8

Bona Fide Transfer. If the Company determines that the information provided by the CEO Executive in the Transfer Notice is insufficient to establish the bona fide nature of a proposed voluntary transferTransfer, the Company shall give the CEO Executive written notice of the CEOExecutive’s failure to comply with the procedure described in this Section 4herein, and the CEO Executive shall have no right to transfer Transfer the Transfer Shares Preferred Stock without first complying with the procedure described in this Section 4procedure. The CEO Executive shall not be permitted to transfer Transfer the Transfer Shares Preferred Stock if the proposed transfer Transfer is not bona fide.