Common use of Exception for Certain Family Transfers Clause in Contracts

Exception for Certain Family Transfers. Notwithstanding anything to the contrary contained elsewhere in this Section, the transfer of any or all of the Shares during the Holder’s lifetime or on the Holder’s death by will or intestacy to the Holder’s spouse, child, father, mother, brother, sister, father-in-law, mother-in-law, brother-in-law, sister-in-law, grandfather, grandmother, grandchild, cousin, aunt, uncle, niece, nephew, stepchild, to a university or charitable organization, or to a trust or other similar estate planning vehicle for the benefit of the Holder or any such person, shall be exempt from the provisions of this Section; provided that, in each such case, the transferee shall agree in writing to receive and hold the Shares so transferred subject to all of the provisions of this Agreement, including but not limited to this Section, and there shall be no further transfer of such Shares except in accordance with the terms of this Section.

Exception for Certain Family Transfers. Notwithstanding anything to the contrary contained elsewhere in this Section, the transfer of any or all of the Shares Equity Tokens during the Holder’s lifetime or on the Holder’s death by will or intestacy to the Holder’s spouse, child, father, mother, brother, sister, father-father- in-law, mother-in-law, brother-in-law, sister-in-law, grandfather, grandmother, grandchild, cousin, aunt, uncle, niece, nephew, stepchild, to a university or charitable organization, or to a trust or other similar estate planning vehicle for the benefit of the Holder or any such person, shall be exempt from the provisions of this Section; provided that, in each such case, the transferee shall agree in writing to receive and hold the Shares Equity Tokens so transferred subject to all of the provisions of this Agreement, including but not limited to this Section, and there shall be no further transfer of such Shares Equity Tokens except in accordance with the terms of this Section.

Exception for Certain Family Transfers. Notwithstanding anything to the contrary contained elsewhere in this SectionSection 7, the transfer of any or all of the Shares Securities during the HolderPurchaser’s lifetime or on the HolderPurchaser’s death by will or intestacy to the HolderPurchaser’s spouse, child, father, mother, brother, sister, father-in-law, mother-in-law, brother-in-law, sister-in-law, grandfather, grandmother, grandchild, cousin, aunt, uncle, niece, nephew, stepchild, to a university or charitable organization, or to a trust or other similar estate planning vehicle for the benefit of the Holder Purchaser or any such person, shall be exempt from the provisions of this Sectionsection; provided that, in each such case, the transferee shall agree agrees in writing to receive and hold the Shares Securities so transferred subject to all of the provisions of this Agreement, including but not limited to this Sectionsection, and there shall be no further transfer of such Shares Securities except in accordance with the terms of this Sectionsection.

Exception for Certain Family Transfers. Notwithstanding anything to the contrary contained elsewhere in this Section, the transfer of any or all of the Shares during the Holder’s 's lifetime or on the Holder’s 's death by will or intestacy to the Holder’s 's spouse, child, father, mother, brother, sister, father-in-law, mother-in-law, brother-in-law, sister-in-law, grandfather, grandmother, grandchild, cousin, aunt, uncle, niece, nephew, stepchild, to a university or charitable organization, or to a trust or other similar estate planning vehicle for the benefit of the Holder or any such person, shall be exempt from the provisions of this Section; provided that, in each such case, the transferee shall agree in writing to receive and hold the Shares so transferred subject to all of the provisions of this Agreement, including but not limited to this Section, and there shall be no further transfer of such Shares except in accordance with with, the terms of this Section.