Common use of Consent Required to Transfer Clause in Contracts

Consent Required to Transfer. In connection with any underwritten public offering by the Company of its equity securities pursuant to an effective registration statement filed under the Securities Act of 1933, as amended, including the Company’s initial public offering, Optionee shall not sell, make any short sale of, loan, hypothecate, pledge, grant any option for the purchase of, or otherwise dispose or transfer for value or otherwise agree to engage in any of the foregoing transactions with respect to, any shares of Common Shares purchased under the Option without the prior written consent of the Company or its underwriters. Such limitations shall be in effect for such period of time from and after the effective date of such registration statement as may be requested by the Company or such underwriters.

Appears in 2 contracts

Samples: Stock Option Agreement (Cryoport Systems Inc), Stock Option Agreement (Cryoport, Inc.)

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Consent Required to Transfer. In Except as provided herein, in ---------------------------- connection with any underwritten public offering by the Company Corporation of its equity securities pursuant to an effective registration statement filed under the Securities Act of 1933, as amendedAct, including the Company’s initial Corporation's secondary public offering, Optionee shall not sell, make any short sale of, loan, hypothecate, pledge, grant any option for the purchase of, or otherwise dispose or transfer for value or otherwise agree to engage in any of the foregoing transactions with respect to, any shares of Common Shares common stock purchased under the Option without the prior written consent of the Company Corporation or its underwriters. Such limitations shall be in effect for such period of time from and after the effective date of such registration statement as may be requested by the Company Corporation or such underwriters.

Appears in 1 contract

Samples: Stock Purchase Agreement (Biomerica Inc)

Consent Required to Transfer. In connection with any underwritten public offering by the Company of its equity securities pursuant to an effective registration statement filed under the Securities Act of 1933, as amended, including the Company’s 's initial public offering, Optionee shall not sell, make any short sale of, loan, hypothecate, pledge, grant any option for the purchase of, or otherwise dispose or transfer for value or otherwise agree to engage in any of the foregoing transactions with respect to, any shares of Common Shares purchased under the Option without the prior written consent of the Company or its underwriters. Such limitations shall be in effect for such period of time from and after the effective date of such registration statement as may be requested by the Company or such underwriters.

Appears in 1 contract

Samples: Stock Option Agreement (Multicell Technologies Inc.)

Consent Required to Transfer. In Except as provided herein, in ---------------------------- connection with any underwritten public offering by the Company Corporation of its equity securities pursuant to an effective registration statement filed under the Securities Act of 1933, as amended1933 Act, including the Company’s initial Corporation's secondary public offering, Optionee shall not sell, make any short sale of, loan, hypothecate, pledge, grant any option for the purchase of, or otherwise dispose or transfer for value or otherwise agree to engage in any of the foregoing transactions with respect to, any shares of Common Shares common stock purchased under the Option without the prior written consent of the Company Corporation or its underwriters. Such limitations shall be in effect for such period of time from and after the effective date of such registration statement as may be requested by the Company Corporation or such underwriters.

Appears in 1 contract

Samples: Stock Purchase Agreement (Biomerica Inc)

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Consent Required to Transfer. In connection with any underwritten public offering by the Company Corporation of its equity securities pursuant to an effective registration statement filed under the Securities Act of 1933, as amended, including the Company’s Corporation's initial public offering, Optionee shall not sell, make any short sale of, loan, hypothecate, pledge, grant any option for the purchase of, or otherwise dispose or transfer for value or otherwise agree to engage in any of the foregoing transactions with respect to, any shares of Common Shares Stock purchased under the Option without the prior written consent of the Company Corporation or its underwriters. Such limitations shall be in effect for such period of time from and after the effective date of such registration statement as may be requested by the Company Corporation or such underwriters.

Appears in 1 contract

Samples: Stock Option Agreement (HNC Software Inc/De)

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