Common use of Permitted Transferees; Transfer Notice Clause in Contracts

Permitted Transferees; Transfer Notice. Any transferee of Carried Shares pursuant to a Transfer in accordance with the provisions of Section 4(a)(i) or 4(b)(ii) is herein referred to as a "Permitted Transferee." The restrictions contained in this Section 4 will continue to be applicable to the Carried Shares after any Transfer of the type referred to in Section 4(a)(i) or (b)(ii) above and the Permitted Transferees must agree in writing to be bound by the provisions of this Agreement. Upon the Transfer of Carried Shares pursuant to Section 4(a) or 4(b), the transferring holder of Carried Shares will deliver a written notice (a "Transfer Notice") to the Company. In the case of a Transfer pursuant to Section 4(a)(i) or 4(b)(ii), the Transfer Notice will disclose in reasonable detail the identity of the Permitted Transferee(s).

Appears in 5 contracts

Samples: Senior Management Agreement (TNS Inc), Senior Management Agreement (TNS Inc), Senior Management Agreement (TNS Inc)

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Permitted Transferees; Transfer Notice. Any transferee of Carried Shares pursuant to a Transfer in accordance with the provisions of Section 4(a)(i) or 4(b)(ii) is herein referred to as a "Permitted Transferee." The restrictions contained in this Section 4 will continue to be applicable to the Carried Shares after any Transfer of the type referred to in Section 4(a)(i) or (b)(ii) above and the Permitted Transferees must agree in writing to be bound by the provisions of this Agreement. Upon the Transfer of Carried Shares pursuant to Section 4(a) or 4(b), the transferring holder of Carried Shares will deliver a written notice (a "Transfer Notice") to the Company. In the case of a Transfer pursuant to Section 4(a)(i) or 4(b)(ii)) , the Transfer Notice will disclose in reasonable detail the identity of the Permitted Transferee(s).

Appears in 2 contracts

Samples: Senior Management Agreement (TNS Inc), Senior Management Agreement (TNS Inc)

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