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 Company, 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 in accordance with the agreed upon terms of 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. If the Transferor shall fail to make such Transfer within sixty (60) days following the expiration of the time provided above for the election by the Preferred Holders or, if the Purchaser revokes an election to purchase the Subject Shares pursuant to Section 3(b)(v), within sixty (60) days of the date of such notice of revocation, such Subject Shares shall again become subject to all the restrictions of this Section 3.

Release from Restriction; Termination of Rights. If the offer to sell is not neither accepted by the Company, Company nor by the Preferred Holders or a combination thereofNon-Selling Investors, the Transferor may make a bona fide Transfer to the prospective transferee named in the statement attached to the offer in accordance with the agreed upon terms of 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. If the Transferor shall fail to make such Transfer within sixty (60) days following the expiration of the time hereinabove provided above for the election by the Preferred Holders Non-Selling Investors or, if in the event the Purchaser revokes an election to purchase the Subject Shares pursuant to Section 3(b)(v), within sixty (60) days of the date of such notice of revocation, such Subject Shares shall again become subject to all the restrictions of this Section 3.

Release from Restriction; Termination of Rights. If the offer to sell is not neither accepted by the Company, Company nor by the Preferred Holders or a combination thereofother Investors, the Transferor may make a bona fide Transfer to the prospective transferee named in the statement attached to the offer in accordance with the agreed upon terms of 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. If the Transferor shall fail to make such Transfer within sixty (60) days following the expiration of the time hereinabove provided above for the election by the Preferred Holders other Investors or, if in the event the Purchaser revokes an election to purchase the Subject Shares pursuant to Section 3(b)(v), within sixty (60) days of the date of such notice of revocation, such Subject Shares shall again become subject to all the restrictions of this Section 3.

Release from Restriction; Termination of Rights. If the offer to sell is not neither accepted by the Company, Company nor fully accepted by the Preferred Holders or a combination thereofother Investors within the time periods described above, the Transferor may make a bona fide Transfer to the prospective transferee named in the statement attached to the offer in accordance with the agreed upon terms of such Transfer, provided 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 AgreementAgreement by which the Transferor was bound. If the Transferor shall fail to make such Transfer within sixty (60) days following the expiration of the time hereinabove provided above for the election by the Preferred Holders Institutional Investors or, if in the event the Purchaser revokes an election to purchase the Subject Shares pursuant to Section 3(b)(v), within sixty (60) days of the date of such notice of revocation, such Subject Shares shall again become subject to all the restrictions of this Section 3.

Release from Restriction; Termination of Rights. If the offer to sell is not accepted by the Company, Series B Investors within the Preferred Holders or a combination thereofapplicable time provided for acceptance, the Transferor may make a bona fide Transfer to the prospective transferee named (or pursuant to the qualifying limit order described) in the statement attached to the offer in accordance with the agreed upon terms of such TransferTransfer and the Transferee shall acquire the Subject Shares free and clear of the terms of this Agreement, provided 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 Agreementstated. If the Transferor shall fail to make such Transfer within sixty (60) days following the expiration of the time hereinabove provided above for the election by the Preferred Holders Series B Investors or, if in the event the Purchaser revokes an election to purchase the Subject Shares pursuant to Section 3(b)(v), within sixty (60) days of the date of such notice of revocation, such Subject Shares shall again become subject to all the restrictions of this Section 3.