Common use of No Restriction on Transferability Clause in Contracts

No Restriction on Transferability. Nothing in this Agreement shall restrict the ability of any of the parties to this Agreement to sell or otherwise transfer any shares of Common Stock, Preferred Stock or other securities of the Company, nor shall a purchaser or other transferee of any Capital Stock sold or transferred by a signatory hereto be subject to any of the obligations created hereby unless such purchaser or transferee has agreed in writing, for the benefit of all parties to this Agreement, to be so bound.