Common use of Contribution of Shares Clause in Contracts

Contribution of Shares. Subject to the conditions set forth herein, at the Contribution Closing (as defined below), each Rollover Stockholder shall contribute, assign, transfer and deliver to Parent the Shares held by him, her or it in the amount set forth opposite such Stockholder’s name on Schedule A-2 hereto, free and clear of any Encumbrance. The contribution of such Shares to Parent is intended by the Rollover Stockholders to be treated as a tax-free contribution under section 721 of the Code.

Contribution of Shares. Subject to the conditions set forth hereinherein and in the case of Significant Stockholder, the provisions of the Stock Pledge Agreement, at the Contribution Closing (as defined below), each Rollover Stockholder shall contribute, assign, transfer and deliver to Parent the Shares held by him, her or it in the amount set forth opposite such Stockholder’s name on Schedule A-2 hereto, free and clear of any Encumbrance. The contribution of such Shares to Parent is intended by the Rollover Stockholders to be treated as a tax-free contribution under section 721 of the Code.

Contribution of Shares. Subject to the conditions set forth herein, at the Contribution Closing (as defined below), each Rollover Stockholder Shareholder shall contribute, assign, transfer and deliver to Parent the Rollover Shares held by him, her or it in the amount set forth opposite such StockholderShareholder’s name on Schedule A-2 A hereto, free and clear of any Encumbranceencumbrance. The contribution of such Rollover Shares to Parent is intended by the Rollover Stockholders Shareholders to be treated as a tax-free contribution under section 721 of the Code.