Common use of Lock-up; Transfers Clause in Contracts

Lock-up; Transfers. Prior to the Expiration Date, the Grantor will not transfer to any other Person and will continue to own, free and clear of any Encumbrance, the Option Shares.

Appears in 7 contracts

Samples: Option Agreement (SMSA Treemont Acquisition Corp), Option Agreement (SMSA Treemont Acquisition Corp), Option Agreement (SMSA Treemont Acquisition Corp)

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Lock-up; Transfers. Prior to the Expiration Date, the Grantor will not transfer to any other Person and will continue to own, free and clear of any Encumbrance, the Option Grantor’s Shares.

Appears in 1 contract

Samples: Option Agreement (China TMK Battery Systems Inc.)

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