Common use of Permitted Public Transfers and Block Sales Clause in Contracts

Permitted Public Transfers and Block Sales. After the closing of the IPO, and prior to the expiration of the Coordination Period, no Co-Investor shall Transfer any or all of its Shares pursuant to Rule 144 or a Block Sale, in each case other than in compliance with Section 3.1(a) hereof. Shares Transferred pursuant to Rule 144 or in a Block Sale shall conclusively be deemed thereafter not to be Shares under this Agreement.

Appears in 4 contracts

Samples: Registration Rights Agreement, Registration Rights Agreement (Alight Inc. / DE), Registration Rights Agreement (Alight Inc. / DE)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!