Common use of Permitted Transfer Following Right of First Refusal Clause in Contracts

Permitted Transfer Following Right of First Refusal. If all --------------------------------------------------- of the Stock identified in the Notice of Right of First Refusal is not purchased by the Corporation and/or the Assignee(s) prior to the thirty-sixth day subsequent to the First Refusal Notice Date, then all of such Stock (including any Stock for which a proper tender was made) may be transferred by the Shareholder at any time during the ensuing thirty days in strict conformity with the Offered Terms set forth in the Notice of Right of First Refusal; provided, however, the purchaser(s) of such Stock must execute a written acknowledgment that he or she or they have become a Shareholder as if he or she or they had been original signatory parties to this Agreement and that he or she or they agree to be bound by the terms of this Agreement applicable to Shareholder.

Permitted Transfer Following Right of First Refusal. If all of --------------------------------------------------- of the Stock identified in the Notice of Right of First Refusal is not purchased by the Corporation and/or the Assignee(s) prior to the thirty-sixth day subsequent to the First Refusal Notice Date, then all of such Stock (including any Stock for which a proper tender was made) may be transferred by the Shareholder at any time during the ensuing thirty days in strict conformity with the Offered Terms set forth in the Notice of Right of First Refusal; provided, however, the purchaser(s) of such Stock must execute a written acknowledgment that he or she or they have become a Shareholder as if he or she or they had been original signatory parties to this Agreement and that he or she or they agree to be bound by the terms of this Agreement applicable to Shareholder.

Permitted Transfer Following Right of First Refusal. If all of --------------------------------------------------- of the Shareholder Stock identified in the Notice of Right of First Refusal is not purchased by the Corporation and/or the Assignee(s) acquiring Shareholders prior to the thirtysixty-sixth day subsequent to the First Refusal Notice Date, then all of such Shareholder Stock (including any Shareholder Stock for which a proper tender was made) may be transferred by the Selling Shareholder at any time during the ensuing thirty days in strict conformity with the Offered Terms set forth in the Notice of Right of First Refusal; provided, however, the purchaser(s) of such Shareholder Stock must execute a written acknowledgment that he or she or they have become a Shareholder as if he or she or they had been original signatory parties to this Agreement and that he or she or they agree to be bound by the terms of this Agreement applicable to ShareholderAgreement.