No Encumbrance. None of the Escrow Shares or any beneficial interest therein may be pledged, sold, assigned or transferred, including by operation of law or by a Holder, or may be taken or reached by any legal or equitable process in satisfaction of any debt or other liability of a Holder, prior to the delivery of the Escrow Shares by the Escrow Agent or KHC to such Holder pursuant to this Escrow Agreement.
Appears in 2 contracts
Samples: Employment Agreement (Celerity Group Inc), Employment Agreement (Celerity Group Inc)
No Encumbrance. None of the Escrow Shares or any beneficial -------------- interest therein may be pledged, sold, assigned or transferred, including by operation of law or by a Holder, or may be taken or reached by any legal or equitable process in satisfaction of any debt or other liability of a Holder, prior to the delivery of the Escrow Shares by the Escrow Agent Custodian or KHC Cambridge to such Holder pursuant to this Escrow Agreement.
Appears in 2 contracts
Samples: Escrow Agreement (Cambridge Technology Partners Massachusetts Inc), Escrow Agreement (Cambridge Technology Partners Massachusetts Inc)
No Encumbrance. None of the Escrow No Escrowed Shares or any beneficial interest therein may be pledged, sold, assigned or transferred, including by operation of law or law, by a Holder, an Shareholder or may be taken or reached by any legal or equitable process in satisfaction of any debt or other liability of a Holdersuch Shareholder, prior to the delivery of the Escrow Escrowed Shares by the Escrow Agent or KHC to such Holder Shareholders pursuant to this Escrow AgreementSection 3.1 above.
Appears in 1 contract
Samples: Agreement With Certain Whitebarn Shareholders (Talarian Corp)
No Encumbrance. None of the No Escrow Shares or Escrow Notes or any beneficial -------------- interest therein may be pledged, sold, assigned or transferred, including by operation of law law, by the Shareholders or by a Holder, or may be taken or reached by any legal or equitable process in satisfaction of any debt or other liability of a Holderthe Shareholders, prior to the delivery to the Shareholders of the Escrow Shares or Escrow Notes by the Escrow Agent or KHC to such Holder pursuant to this Escrow AgreementAgent.
Appears in 1 contract
No Encumbrance. None of the Escrow Shares or any beneficial -------------- interest therein may be pledged, sold, assigned or transferred, including by operation of law or by a Holder, or may be taken or reached by any legal or equitable process in satisfaction of any debt or other liability of a Holder, prior to the delivery of the Escrow Shares by the Escrow Agent Custodian or KHC Parent to such Holder pursuant to this Escrow Agreement.
Appears in 1 contract
Samples: Escrow Agreement (Del Arroz Manuel)
No Encumbrance. None of the No Escrow Shares or any beneficial interest therein may be pledged, sold, assigned or transferred, including by operation of law or law, by a Holder, Holder or may be taken or reached by any legal or equitable process in satisfaction of any debt or other liability of a the Holder (other than such Holder's obligations under Section 10.2 of the Agreement), prior to the delivery to such Holder of the Escrow Shares by the Escrow Agent or KHC to such Holder pursuant to this Escrow AgreementAgent.
Appears in 1 contract
No Encumbrance. None of the No Escrow Shares or any beneficial interest therein may be pledged, sold, assigned or transferred, including by operation of law or law, by a Holder, Holder or may be taken or reached by any legal or equitable process in satisfaction of any debt or other liability of a the Holder (other than such Holder's obligations under Section 10.2 of the Plan), prior to the delivery to such Holder of the Escrow Shares by the Escrow Agent or KHC to such Holder pursuant to this Escrow AgreementAgent.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Integrated Systems Inc)
No Encumbrance. None of the Escrow No Escrowed Shares or any beneficial interest therein may be pledged, sold, assigned or transferred, including by operation of law or law, by a Holder, the Shareholder or may be taken or reached by any legal or equitable process in satisfaction of any debt or other liability of a Holderthe Shareholder, prior to the delivery of the Escrow Escrowed Shares by the Escrow Agent or KHC to such Holder the Shareholder pursuant to this Escrow AgreementSections 3.1 and 3.2, above.
Appears in 1 contract
Samples: Commitment Agreement (Talarian Corp)
No Encumbrance. None of Except as contemplated in the Purchase -------------- Agreement and as provided in this Agreement (including, without limitation, in connection with the Distribution), no Escrow Shares or any beneficial interest therein in the Escrow Shares may be pledged, sold, assigned or transferred, including by operation of law or law, by a Holder, Holder or may be taken or reached by any legal or equitable process in satisfaction of any debt or other liability of a Holder, prior to the delivery to such Holder of the Escrow Shares by the Escrow Agent or KHC to such Holder pursuant to this Escrow AgreementDepository Agent.
Appears in 1 contract
Samples: Depository Agreement (Vertel Corp)
No Encumbrance. None of the No Escrow Shares or any beneficial interest therein may be pledged, sold, assigned or transferred, including by operation of law law, by Holder or by a Holder, or may be taken or reached by any legal or equitable process in satisfaction of any debt or other liability of a Holder (other than Holder's obligations under Section 10.3 of the Agreement), prior to the delivery to Holder of the Escrow Shares by the Escrow Agent or KHC to such Holder pursuant to this Escrow AgreementAgent.
Appears in 1 contract
No Encumbrance. None of the Escrow Shares or any beneficial interest therein may be pledged, soldsold (except as provided in Section 1.3), assigned or transferred, including by operation of law or by a Holder, or may be taken or reached by any legal or equitable process in satisfaction of any debt or other liability of a Holder, prior to the delivery of the Escrow Shares by the Escrow Agent or KHC Parent to such Holder pursuant to this Escrow Agreement.
Appears in 1 contract
No Encumbrance. None of the Shares held in the Escrow Shares or nor any beneficial interest therein may be pledged, sold, assigned or transferred, including by operation of law law, by Seller or by a Holder, or may be taken or reached by any legal or equitable process in satisfaction of any debt or other liability of a Holder, prior to the delivery of the Escrow Shares by the Escrow Agent or KHC to such Holder pursuant to this Escrow AgreementSeller.
Appears in 1 contract
No Encumbrance. None of the Escrow Shares or any beneficial interest therein may be pledged, sold, assigned or transferred, including by operation of law or by a Holder, or may be taken or reached by any legal or equitable process in satisfaction of any debt or other liability of a Holder, prior to the delivery of the Escrow Shares by the Escrow Agent or KHC Parent to such Holder pursuant to this Escrow Agreement.
Appears in 1 contract
Samples: Escrow Agreement (Sipex Corp)
No Encumbrance. None of the No Escrow Shares Shares, or any beneficial interest therein therein, may be pledged, sold, assigned assigned, or transferred, including pledged or otherwise encumbered by operation of law or by a Holderany Stockholder, or may be taken or reached by any legal or equitable process in satisfaction of any debt debt, obligation or other liability of a Holder, prior to the delivery of any Stockholder while the Escrow Shares by are being held in escrow under the Escrow Agent or KHC to such Holder pursuant to terms of this Escrow Agreement and the Purchase Agreement.
Appears in 1 contract
Samples: Escrow Agreement (Crdentia Corp)