Notifications Regarding Transfers. To the extent that any Stockholder proposes a transfer pursuant to Section 3.2, such Stockholder shall provide notice to the Lead Stockholders at least ten Business Days prior to the proposed transfer date of the number of Shares proposed to be transferred. Not less that two Business Days prior to a proposed transfer date requiring the approval of the Lead Stockholders, the Lead Stockholders shall notify such Stockholder of whether the transfer has been approved, it being agreed and understood that the Permitted Beacon Voting Trust Transfer shall not require such approval.
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Samples: Stockholders' Agreement (Beacon Capital Partners Inc), Stockholders' Agreement (CMS Co-Investment Subpartnership), Stockholders' Agreement (Chase Equity Associates L P)
Notifications Regarding Transfers. To the extent that any Stockholder --------------------------------- Stock holder proposes a transfer pursuant to Section 3.2, such Stockholder shall provide notice to the Lead Stockholders at least ten Business Days prior to the proposed transfer date of the number of Shares proposed to be transferred. Not less that two Business Days prior to a proposed transfer date requiring the approval of the Lead Stockholders, the Lead Stockholders shall notify such Stockholder of whether the transfer has been approved, it being agreed and understood that the Permitted Beacon Voting Trust Transfer shall not require such approval.
Appears in 2 contracts
Samples: Stockholders' Agreement (Guayacan Private Equity Fund Lp), Stockholders' Agreement (Cke Associates LLC)
Notifications Regarding Transfers. To the extent that any Stockholder Stock holder proposes a transfer pursuant to Section 3.2, such Stockholder shall provide notice to the Lead Stockholders at least ten Business Days prior to the proposed transfer date of the number of Shares proposed to be transferred. Not less that two Business Days prior to a proposed transfer date requiring the approval of the Lead Stockholders, the Lead Stockholders shall notify such Stockholder of whether the transfer has been approved, it being agreed and understood that the Permitted Beacon Voting Trust Transfer shall not require such approval.
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