Common use of Certain Restrictions on Sale and Encumbrance Clause in Contracts

Certain Restrictions on Sale and Encumbrance. No Shareholder shall, without the prior written consent of the Management Director and FountainVest Directors, directly or indirectly (through the transfer of shares of any Person that holds, or Controls any Person that holds, such Shares) make or solicit any Sale of, or create, incur or assume any Encumbrance with respect to, any Shares beneficially owned by such Shareholder, other than (i) a transaction in accordance with Sections 4.02 and 4.03, (ii) in the event of an indirect Sale, any change in the shareholders or ultimate beneficiaries of Brilliance for so long as such shareholders or ultimate beneficiaries are the then-management of QFIN and Section 6.08 is complied with.

Appears in 4 contracts

Samples: Amended and Restated Shareholders Agreement (Zhou Hongyi), Shareholders Agreement (FountainVest China Capital Partners GP3 Ltd.), Shareholders Agreement (FountainVest China Capital Partners GP3 Ltd.)

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