Common use of Limitation on Disposition and Other Restrictions Clause in Contracts

Limitation on Disposition and Other Restrictions. The Shares are subject to and the Purchaser hereby agrees to the following terms and conditions of the sale of the Shares to the Purchaser: · any transfer of the Shares must comply with the restrictions on transfer set forth in Section 7.2 of the Plan and all applicable laws as set forth in Section 7.5 of the Plan; · the Shares are subject to, and following any otherwise permitted transfer of the Shares, the Shares shall remain subject to and the transferee shall be bound by, the transfer restrictions set forth in Section 5 of the Terms, the lock-up provisions set forth in Section 7 of the Terms, the Corporation’s call right and right of first refusal set forth in Sections 8 and 9 of the Terms, the share legend requirements of Section 7.5.3 of the Plan, the foregoing provisions of this Section 3, and the arbitration provisions of Section 15.3 of the Terms; and · as a condition to any otherwise permitted transfer of the Shares, the Corporation may require the transferee to execute a written agreement, in a form acceptable to the Administrator, that the transferee acknowledges and agrees to the foregoing terms and restrictions imposed on the Shares.

Appears in 5 contracts

Samples: Option Agreement (Piestro, Inc.), Option Agreement (Piestro, Inc.), Option Agreement (Future Acres, Inc.)

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Limitation on Disposition and Other Restrictions. The Shares are subject to and the Purchaser hereby agrees to the following terms and conditions of the sale of the Shares to the Purchaser: · any transfer of the Shares must comply with the restrictions on transfer set forth in Section 7.2 of the Plan and all applicable laws as set forth in Section 7.5 of the Plan; · the Shares are subject to, and following any otherwise permitted transfer of the Shares, the Shares shall remain subject to and the transferee shall be bound by, the transfer restrictions set forth in Section 5 of the Terms, the lock-up provisions set forth in Section 7 of the Terms, the Corporation’s call right and right of first refusal set forth in Sections Section 8 and 9 of the Terms, the share legend requirements of Section 7.5.3 of the Plan, the foregoing provisions of this Section 3, and the arbitration provisions of Section 15.3 13.3 of the Terms; and · as a condition to any otherwise permitted transfer of the Shares, the Corporation may require the transferee to execute a written agreement, in a form acceptable to the Administrator, that the transferee acknowledges and agrees to the foregoing terms and restrictions imposed on the Shares.

Appears in 2 contracts

Samples: 2011 Stock Incentive Plan (CytomX Therapeutics, Inc.), 2011 Stock Incentive Plan (CytomX Therapeutics, Inc.)

Limitation on Disposition and Other Restrictions. The Shares are subject to and the Purchaser hereby agrees to the following terms and conditions of the sale of the Shares to the Purchaser: · any transfer of the Shares must comply with the restrictions on transfer set forth in Section 7.2 5.7 of the Plan and all applicable laws as set forth in Section 7.5 8.1 of the Plan; · the Shares are subject to, and following any otherwise permitted transfer of the Shares, the Shares shall remain subject to and the transferee shall be bound by, the transfer restrictions set forth in Section 5 of the Terms, the lock-up provisions set forth in Section 7 of the Terms, the Corporation’s call right and right of first refusal set forth in Sections 8 and 9 of the Terms, the share legend requirements of Section 7.5.3 of the Plan, the foregoing provisions of this Section 3, 3 and the arbitration provisions of Section 15.3 12 of the Terms; and · as a condition to any otherwise permitted transfer of the Shares, the Corporation may require the transferee to execute a written agreement, in a form acceptable to the Administrator, that the transferee acknowledges and agrees to the foregoing terms and restrictions imposed on the Shares.

Appears in 1 contract

Samples: Employee Share Option Agreement (Acorn International, Inc.)

Limitation on Disposition and Other Restrictions. The Shares are subject to and the Purchaser hereby agrees to the following terms and conditions of the sale of the Shares to the Purchaser: · any transfer of the Shares must comply with the restrictions on transfer set forth in Section 7.2 5 of the Plan Terms and all applicable laws as set forth in Section 7.5 7 of the PlanTerms; · the Shares are subject to, and following any otherwise permitted transfer of the Shares, the Shares shall remain subject to and the transferee shall be bound by, the transfer restrictions set forth in Section 5 of the Terms, the lock-up provisions set forth in Section 7 8 of the Terms, the Corporation’s call right and right of first refusal set forth in Sections 8 9 and 9 10 of the Terms, the drag-along provisions set forth in Section 12 of the Terms, the share legend requirements of Section 7.5.3 of the Plan2 above, the foregoing provisions of this Section 3, and the arbitration provisions of Section 15.3 17.2 of the Terms; and · as a condition to any otherwise permitted transfer of the Shares, the Corporation may require the transferee to execute a written agreement, in a form acceptable to the Administrator, that the transferee acknowledges and agrees to the foregoing terms and restrictions imposed on the Shares.

Appears in 1 contract

Samples: Stock Option Agreement (Fusion-Io, Inc.)

Limitation on Disposition and Other Restrictions. The Shares are subject to and the Purchaser hereby agrees to the following terms and conditions of the sale of the Shares to the Purchaser: · any transfer of the Shares must comply with the restrictions on transfer set forth in Section 7.2 of the Plan and all applicable laws as set forth in Section 7.5 of the Plan; · the Shares are subject to, and following any otherwise permitted transfer of the Shares, the Shares shall remain subject to and the transferee shall be bound by, the transfer restrictions set forth in Section 5 of the Terms, the lock-up provisions set forth in Section 7 of the Terms, the Corporation’s call right and right of first refusal set forth in Sections Section 8 and 9 of the Terms, the share legend requirements of Section 7.5.3 of the Plan, the foregoing provisions of this Section 3, and additional restrictions as set forth in the arbitration provisions of Section 15.3 of Voting Agreement and the TermsCo-Sale Agreement; and · as a condition to any otherwise permitted transfer of the Shares, the Corporation may require the transferee to execute a written agreement, in a form acceptable to the Administrator, that the transferee acknowledges and agrees to the foregoing terms and restrictions imposed on the Shares.

Appears in 1 contract

Samples: Stock Incentive Plan (Durata Therapeutics, Inc.)

Limitation on Disposition and Other Restrictions. The Shares are subject to and the Purchaser hereby agrees to the following terms and conditions of the sale of the Shares to the Purchaser: · any transfer of the Shares must comply with the restrictions on transfer set forth in Section 7.2 of the Plan and all applicable laws as set forth in Section 7.5 of the Plan; · the Shares are subject to, and following any otherwise permitted transfer of the Shares, the Shares shall remain subject to and the transferee shall be bound by, the transfer restrictions set forth in Section 5 of the Terms, the lock-up provisions set forth in Section 7 of the Terms, the Corporation’s call right and right of first refusal set forth in Sections Section 8 and 9 of the Terms, the share legend requirements of Section 7.5.3 of the Plan, the foregoing provisions of this Section 3, and additional restrictions as set forth in the arbitration provisions of Section 15.3 of Voting Agreement and the TermsCo-Sale Agreement; and · as a condition to any otherwise permitted transfer of the Shares, the Corporation may require the transferee to execute a written agreement, in a form acceptable to the Administrator, that the transferee acknowledges and agrees to the foregoing terms and restrictions imposed on the Shares.

Appears in 1 contract

Samples: Stock Incentive Plan (Durata Therapeutics, Inc.)

Limitation on Disposition and Other Restrictions. The Shares are subject to and the Purchaser hereby agrees to the following terms and conditions of the sale of the Shares to the Purchaser: · . any transfer of the Shares must comply with the restrictions on transfer set forth in Section 7.2 of the Plan and all applicable laws as set forth in Section 7.5 6 of the Terms; . the Shares are subject to restrictions on transfer under Section 5.6 of the Plan, under Section 5 of the Terms, and under the Corporation's Articles of Incorporation and Bylaws; · . the Shares are subject to, and following any otherwise permitted transfer of the Shares, the Shares shall remain subject to and the transferee shall be bound by, the transfer restrictions set forth in Section 5 of the Terms, the lock-up provisions set forth in Section 7 of the Terms, the Corporation’s 's call right and right of first refusal set forth in Sections 8 and 9 of the Terms, the share legend requirements of Section 7.5.3 6.3 of the PlanTerms, and the foregoing provisions of this Section 3, and the arbitration provisions of Section 15.3 of the Terms; and · . as a condition to any otherwise permitted transfer of the Shares, the Corporation may require the transferee to execute a written agreement, in a form acceptable to the AdministratorCommittee, that the transferee acknowledges and agrees to the foregoing terms and restrictions imposed on the Shares.

Appears in 1 contract

Samples: Option Agreement (Luminent Mortgage Capital Inc)

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Limitation on Disposition and Other Restrictions. The Shares are subject to and the Purchaser hereby agrees to the following terms and conditions of the sale of the Shares to the Purchaser: · any transfer of the Shares must comply with the restrictions on transfer set forth in Section 7.2 5 of the Plan Terms and all applicable laws as set forth in Section 7.5 7 of the PlanTerms; · the Shares are subject to, and following any otherwise permitted transfer of the Shares, the Shares shall remain subject to and the transferee shall be bound by, the transfer restrictions set forth in Section 5 of the Terms, the lock-up provisions set forth in Section 7 8 of the Terms, the Corporation’s call right and right of first refusal set forth in Sections 8 9 and 9 10 of the Terms, the drag-along provisions set forth in Section 12 of the Terms, the share legend requirements of Section 7.5.3 of the Plan2 above, the foregoing provisions of this Section 3, and the arbitration provisions of Section 15.3 17.2 of the Terms; and · as a condition to any otherwise permitted transfer of the Shares, the Corporation may require the transferee to execute a written agreement, in a form acceptable to the Administrator, that the transferee acknowledges and agrees to the foregoing terms and restrictions imposed on the Shares.

Appears in 1 contract

Samples: Option Agreement (Sandisk Corp)

Limitation on Disposition and Other Restrictions. The Shares are subject to and the Purchaser hereby agrees to the following terms and conditions of the sale of the Shares to the Purchaser: · any transfer of the Shares must comply with the restrictions on transfer set forth in Section 7.2 of the Plan and all applicable laws as set forth in Section 7.5 of the Plan; · the Shares are subject to, and following any otherwise permitted transfer of the Shares, the Shares shall remain subject to and the transferee shall be bound by, the transfer restrictions set forth in Section 5 of the Terms, the lock-up provisions set forth in Section 7 of the Terms, the CorporationCompany’s call right and right of first refusal set forth in Sections 8 and 9 of the Terms, the share legend requirements of Section 7.5.3 of the Plan, the foregoing provisions of this Section 3, and the arbitration provisions of Section 15.3 of the Terms; and · as a condition to any otherwise permitted transfer of the Shares, the Corporation Company may require the transferee to execute a written agreement, in a form acceptable to the Administrator, that the transferee acknowledges and agrees to the foregoing terms and restrictions imposed on the Shares.

Appears in 1 contract

Samples: Option Agreement (HiSoft Technology International LTD)

Limitation on Disposition and Other Restrictions. The Shares are subject to and the Purchaser hereby agrees to the following terms and conditions of the sale of the Shares to the Purchaser: · any transfer of the Shares must comply with the restrictions on transfer set forth in Section 7.2 of the Plan and all applicable laws as set forth in Section 7.5 6 of the Terms; · the Shares are subject to restrictions on transfer under Section 5.6 of the Plan, under Section 5 of the Terms, and under the Corporation’s Charter and Bylaws; · the Shares are subject to, and following any otherwise permitted transfer of the Shares, the Shares shall remain subject to and the transferee shall be bound by, the transfer restrictions set forth in Section 5 of the Terms, the lock-up provisions set forth in Section 7 of the Terms, the Corporation’s call right and right of first refusal set forth in Sections Section 8 and 9 of the Terms, the share legend requirements of Section 7.5.3 6(c) of the PlanTerms, and the foregoing provisions of this Section 3, and the arbitration provisions of Section 15.3 of the Terms; and · as a condition to any otherwise permitted transfer of the Shares, the Corporation may require the transferee to execute a written agreement, in a form acceptable to the AdministratorCommittee, that the transferee acknowledges and agrees to the foregoing terms and restrictions imposed on the Shares.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Luminent Mortgage Capital Inc)

Limitation on Disposition and Other Restrictions. The Shares are subject to and the Purchaser hereby agrees to the following terms and conditions of the sale of the Shares to the Purchaser: · any transfer of the Shares must comply with the restrictions on transfer set forth in Section 7.2 5.2(e) of the Plan and all applicable laws as set forth in Section 7.5 13.10 of the Plan; · the Shares are subject to, and following any otherwise permitted transfer of the Shares, the Shares shall remain subject to and the transferee shall be bound by, the transfer restrictions set forth in Section 5 of the Terms, the lock-up provisions set forth in Section 7 8 of the Terms, the Corporation’s call right and right of first refusal set forth in Sections 8 and 9 of the Terms, the share legend requirements of Section 7.5.3 of the Plan, the foregoing provisions of this Section 3, 3 and the arbitration provisions of Section 15.3 13 of the Terms; and · as a condition to any otherwise permitted transfer of the Shares, the Corporation may require the transferee to execute a written agreement, in a form acceptable to the AdministratorCommittee, that the transferee acknowledges and agrees to the foregoing terms and restrictions imposed on the Shares.

Appears in 1 contract

Samples: Employee Share Option Agreement (Origin Agritech LTD)

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