Common use of Released Shares Clause in Contracts

Released Shares. No Shares purchased pursuant to this Agreement, nor any beneficial interest in such Shares, shall be sold, transferred, encumbered or otherwise disposed of in any way (whether by operation of law or otherwise) by the Purchaser or any subsequent transferee, other than in compliance with the Company’s right of first refusal provisions contained in Section 7 of this Agreement.

Appears in 20 contracts

Samples: Restricted Stock Purchase Agreement, Restricted Stock Purchase Agreement (SpineEx, Inc.), Restricted Stock Purchase Agreement (Verrica Pharmaceuticals Inc.)

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Released Shares. No Shares purchased issued pursuant to this Agreement, nor any beneficial interest in such Shares, shall be sold, transferred, encumbered or otherwise disposed of in any way (whether by operation of law or otherwise) by the Purchaser Recipient or any subsequent transferee, other than in compliance with the Company’s right of first refusal provisions contained in Section 7 6 of this AgreementAgreement or any other restriction contained in the Plan or the Company’s Certificate of Incorporation or bylaws.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Blue Apron Holdings, Inc.), Restricted Stock Award Agreement (Blue Apron Holdings, Inc.)

Released Shares. No Shares purchased pursuant to this Agreement, nor any beneficial interest in such Shares, shall be sold, transferred, encumbered or otherwise disposed of in any way (whether by operation of law or otherwise) by the Purchaser or any subsequent transferee, other than in compliance with the Company’s right of first refusal provisions contained in Section 7 of this Agreementthe Company’s Bylaws.

Appears in 2 contracts

Samples: Rofr Agreement (Vir Biotechnology, Inc.), Rofr Agreement (Vir Biotechnology, Inc.)

Released Shares. No Shares purchased pursuant to this Agreement, nor any beneficial interest in such Shares, shall be sold, transferred, encumbered or otherwise disposed of in any way (whether by operation of law or otherwise) by the Purchaser or any subsequent transferee, other than man in compliance with the Company’s ' s right of first refusal provisions contained in Section 7 6 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Trubion Pharmaceuticals, Inc)

Released Shares. No Shares purchased pursuant to this AgreementThe Purchaser understands and acknowledges that no Shares, nor any beneficial interest in such Shares, shall be sold, transferred, encumbered or otherwise disposed of in any way (whether by operation of law or otherwise) by the Purchaser or any subsequent transferee, other than in compliance accordance with the restrictions on transfer of securities set out in the articles of the Company’s right of first refusal provisions contained , applicable securities laws and any Shareholder Agreement with respect to the Company then in Section 7 of this Agreementforce.

Appears in 1 contract

Samples: Restricted Share Purchase Agreement (Shackelford Pharma Inc.)

Released Shares. No Shares purchased pursuant to this Stock Agreement, nor any beneficial interest in such Shares, shall be sold, transferred, encumbered or otherwise disposed of in any way (whether by operation of law or otherwise) by the Purchaser or any subsequent transferee, other than in compliance with the Company’s 's right of first refusal provisions contained in Section 7 of this Stock Agreement.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (NewCardio, Inc.)

Released Shares. No Shares purchased pursuant to this Agreement, nor any beneficial interest in such Shares, shall be sold, gifted, transferred, encumbered or otherwise disposed of in any way (whether by operation of law or otherwise) by the Purchaser or any subsequent transferee, other than in compliance with the Company’s right of first refusal provisions contained in Section 7 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Ohr Pharmaceutical Inc)

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Released Shares. No Shares purchased pursuant to this Agreement, nor any beneficial interest in such Shares, shall be sold, transferred, encumbered or otherwise disposed of in any way (whether by operation of law or otherwise) by the Purchaser or any subsequent transferee, other than in compliance with the Company’s 's right of first refusal provisions contained in Section 7 6 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Clearsign Combustion Corp)

Released Shares. No Shares purchased pursuant to this AgreementReleased Shares, nor any beneficial interest in such Released Shares, shall be sold, transferred, encumbered or otherwise disposed of in any way (whether by operation of law or otherwise) by the Purchaser or any subsequent transferee, other than in compliance with the Company’s right of first refusal provisions contained in Section 7 5 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Innovative Industrial Properties Inc)

Released Shares. No Shares purchased pursuant to this Agreement, nor any beneficial interest in such Shares, shall be sold, transferred, encumbered or otherwise disposed of in any way (whether by operation of law or otherwise) by the Purchaser or any subsequent transferee, other than in compliance with the Company’s right of first refusal provisions contained in Section 7 6 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Oracle Corp)

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