Common use of Lifetime Transfers Clause in Contracts

Lifetime Transfers. While this Agreement is in force, Participant shall not Transfer all or any portion of his Shares, except under the terms of this Agreement. In the event that there is any proposed, attempted or actual Transfer of any or all of Participant’s Vested Shares, then 2012 ISO & NSO Plan Stock Restriction Agreement (Directors) 2 prior to accomplishment of such Transfer, the Company shall have the right to purchase such Vested Shares in accordance with the terms of this Section.

Appears in 2 contracts

Samples: Stock Restriction and Repurchase Agreement, Stock Restriction and Repurchase Agreement (Altair Engineering Inc.)

AutoNDA by SimpleDocs

Lifetime Transfers. While this Agreement is in force, Participant shall not Transfer all or any portion of his Shares, except under the terms of this Agreement. In the event that there is any proposed, attempted or actual Transfer of any or all of Participant’s Vested Shares, then 2012 ISO & NSO Plan Stock Restriction Agreement (Directors) 2 prior to accomplishment of such Transfer, the Company shall have the right to purchase such Vested Shares in accordance with the terms of this Section.

Appears in 2 contracts

Samples: Stock Restriction and Repurchase Agreement, Stock Restriction and Repurchase Agreement (Altair Engineering Inc.)

AutoNDA by SimpleDocs

Lifetime Transfers. While this Agreement is in force, Participant shall not Transfer all or any portion of his Shares, except under the terms of this Agreement. In the event that there is any proposed, attempted or actual Transfer of any or all of Participant’s Vested Shares, then 2012 ISO & NSO Plan Stock Restriction Agreement (Directors) 2 prior to accomplishment of such Transfer, the Company shall have the right to purchase such Vested Shares in accordance with the terms of this Section.

Appears in 1 contract

Samples: Stock Restriction and Repurchase Agreement (Altair Engineering Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.