Common use of Release from Restriction; Termination of Rights Clause in Contracts

Release from Restriction; Termination of Rights. If the offer to sell is not accepted by the Offerees, the Transferor may make a bona fide Transfer to the prospective transferee named in the statement attached to the offer on terms no more favorable to the Transferor than those set forth in the offer, provided that the transferee agrees, in writing, to be bound by the provisions of this Agreement to which the Transferor is subject. If the Transferor shall fail to make such Transfer within seventy-five (75) days following the expiration of the time provided for above the election by the Offerees or, in the event the Offerees revoke an election to purchase the Subject Shares pursuant to Section 2.02(c), within seventy-five (75) days of the date of such notice of revocation, such Shares shall again become subject to all the restrictions of this Section 2.02.

Release from Restriction; Termination of Rights. If the offer to sell is not neither accepted by the OffereesCompany nor by the other Investors, the Transferor may make a bona fide Transfer to the prospective transferee named in the statement attached to the offer on in accordance with the agreed upon terms no more favorable to the Transferor than those set forth in the offerof such Transfer, provided that (A) such Transfer shall be made only in strict accordance with the terms therein stated and (B) the transferee agrees, in writing, to be bound by the provisions of this Agreement to which the Transferor is subjectAgreement. If the Transferor shall fail to make such Transfer within seventy-five sixty (7560) days following the expiration of the time hereinabove provided for above the election by the Offerees other Investors or, in the event the Offerees revoke Purchaser revokes an election to purchase the Subject Shares pursuant to Section 2.02(c3(b)(v), within seventy-five sixty (7560) days of the date of such notice of revocation, such Shares shall again become subject to all the restrictions of this Section 2.023.

Release from Restriction; Termination of Rights. If the offer to sell is not accepted by the OffereesCompany, the Preferred Holders or a combination thereof, the Transferor may make a bona fide Transfer to the prospective transferee named in the statement attached to the offer on in accordance with the agreed upon terms no more favorable to the Transferor than those set forth in the offerof such Transfer, provided that (A) such Transfer shall be made only in strict accordance with the terms therein stated and (B) the transferee agrees, in writing, to be bound by the provisions of this Agreement to which the Transferor is subjectAgreement. If the Transferor shall fail to make such Transfer within seventy-five sixty (7560) days following the expiration of the time provided above for above the election by the Offerees Preferred Holders or, in if the event the Offerees revoke Purchaser revokes an election to purchase the Subject Shares pursuant to Section 2.02(c3(b)(v), within seventy-five sixty (7560) days of the date of such notice of revocation, such Subject Shares shall again become subject to all the restrictions of this Section 2.023.