Common use of Exceptions to the Duty to Offer Clause in Contracts

Exceptions to the Duty to Offer. Notwithstanding the aforesaid, there shall be no restriction upon the transfer of shares in each of the following instances, provided that the transferee (a “Permitted Transferee”) is not competing with the Company business and subject to the transferee’s agreeing to be bound by any written agreement with other Shareholders which binds the transferor:

Appears in 3 contracts

Samples: Employment Agreement, Employment Agreement (CollPlant Holdings Ltd.), Employment Agreement (CollPlant Holdings Ltd.)

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Exceptions to the Duty to Offer. Notwithstanding the aforesaid, and without derogating from Articles 35 - 40 above, there shall be no restriction upon the transfer of shares in each of the following instances, provided that the transferee (a “Permitted Transferee”) is not competing with the Company business and subject to the transferee’s 's agreeing to be bound by any written agreement with other Shareholders shareholders which binds the transferor:

Appears in 2 contracts

Samples: Settlement and License Agreement (Saifun Semiconductors Ltd.), Saifun Semiconductors Ltd.

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