Common use of Excluded Transfers Clause in Contracts

Excluded Transfers. The restrictions on transfer of this Section 3 shall not apply to an inter-vivos transfer to Purchaser’s ancestors or descendants or spouse or to a Trustee for their benefit, provided that such transferee shall take such Shares subject to all the terms of this Agreement, including restrictions on further transfer.

Appears in 2 contracts

Samples: Restricted Shares Purchase Agreement, Restricted Shares Purchase Agreement (ALPHA & OMEGA SEMICONDUCTOR LTD)

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Excluded Transfers. The restrictions on transfer of set forth in this Section 3 2 shall not apply to an inter-vivos transfer to Purchaser’s 's ancestors or descendants or spouse or to a Trustee for their benefit, provided that such transferee transferee(s) shall agree in writing to take such Shares subject to all the terms of this Agreement, including restrictions on further transfer.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (Zapme Corp), Common Stock Purchase Agreement (Zapme Corp)

Excluded Transfers. The restrictions on transfer of this Section 3 shall not apply to an inter-vivos transfer to the Purchaser’s ancestors or descendants or spouse or to a Trustee trustee for their benefit, provided that such transferee shall agree in writing to take such Shares subject to all the terms of this Agreement, including restrictions on further transfer.

Appears in 2 contracts

Samples: Restricted Stock Purchase Agreement (Sun Microsystems, Inc.), Restricted Stock Purchase Agreement (Sun Microsystems, Inc.)

Excluded Transfers. The restrictions on transfer of this Section 3 shall not apply to an inter-vivos transfer to Purchaser’s 's ancestors or descendants or spouse or to a Trustee for their benefit, provided that such transferee shall take such Shares subject to all the terms of this Agreement, including restrictions on further transfer.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Chaparral Network Storage Inc)

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Excluded Transfers. The restrictions on transfer of this Section ------------------ 3 shall not apply to an inter-vivos transfer to Purchaser’s 's ancestors or descendants or spouse or to a Trustee for their benefit, provided that such transferee shall take such Shares subject to all the terms of this Agreement, including restrictions on further transfer.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Intervideo Inc)

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