Common use of Prohibition on Transfers Clause in Contracts

Prohibition on Transfers. (a) Subject to the terms of this Agreement, during the Term, each Shareholder covenants and agrees not to Transfer any of its Covered Shares, or any voting right or power (including whether such right or power is granted by proxy or otherwise) or economic interest therein, unless such Transfer is a Permitted Transfer; provided that the foregoing shall not prevent the conversion of such Covered Shares and any Additional Shares into the right to receive any merger consideration in accordance with the terms of the Merger Agreement. Any attempted Transfer of shares or any interest therein, in violation of this Section 4.1 shall be null and void.

Prohibition on Transfers. (a) Subject to the terms of this Agreement, during the Term, each Shareholder covenants and agrees not to Transfer any of its Covered Shares, or any voting right or power (including whether such right or power is granted by proxy or otherwise) or economic interest therein, unless such Transfer (i) is a Permitted Transfer; provided that the foregoing shall not prevent the conversion , (ii) is made to Alibaba and/or any of such Covered Shares and any Additional Shares into the right to receive any merger consideration its Affiliates in accordance connection with the terms of transactions contemplated under the Merger AgreementAgreement (including the Acquisition) or (iii) has been previously approved in writing by Alibaba. Any attempted Transfer of shares or any interest therein, in violation of this Section 4.1 shall be null and void.

Prohibition on Transfers. (a) Subject to the terms of this Agreement, during the Term, each Shareholder covenants and agrees not to Transfer any of its Covered Shares, or any voting right or power (including whether such right or power is granted by proxy or otherwise) or economic interest therein, unless such Transfer is a Permitted Transfer; provided that the foregoing shall not prevent the conversion of such Covered Shares and any Additional Shares into the right to receive any merger consideration Merger Consideration pursuant to the Merger in accordance with the terms of the Merger Agreement. Any attempted Transfer of shares or any interest therein, therein in violation of this Section 4.1 shall be null and void.

Prohibition on Transfers. (a) Subject to the terms of this Agreement, during the Term, each the Shareholder covenants and agrees not to Transfer any of its Covered Shares, or any voting right or power (including whether such right or power is granted by proxy or otherwise) or economic interest therein, unless such Transfer is a Permitted Transfer; provided that the foregoing shall not prevent the conversion of such Covered Shares and any Additional Shares into the right to receive any merger consideration Merger Consideration pursuant to the Merger in accordance with the terms of the Merger Agreement. Any attempted Transfer of shares or any interest therein, in violation of this Section 4.1 shall be null and void.