Limitation on Purchase of Common Stock. Until the earlier to occur of (i) the fifth anniversary of the Closing Date or (ii) the occurrence of a Change in Control no Xxxxxxxxxxx Shareholder shall acquire any shares of Common Stock or securities convertible into or exercisable or exchangeable for Common Stock except (x) as a Permitted Transferee in a transfer from any other Xxxxxxxxxxx Shareholder which is otherwise permitted under the terms of Article 3 hereof or (y) pursuant to stock options granted by the Company.
Appears in 6 contracts
Samples: Stockholders Agreement (Cable Systems Holding LLC), Investors Agreement (Ipc Information Systems Inc), Investors Agreement (Cable Systems Holding LLC)