Common use of Restriction on Transfer and Non-Interference Clause in Contracts

Restriction on Transfer and Non-Interference. The Contributing Shareholder hereby agrees, except as expressly contemplated by this Agreement, not to (i) sell, transfer, pledge, encumber, assign or otherwise dispose of, or enter into any contract, option or other arrangement or understanding with respect to the sale, transfer, pledge, encumbrance, assignment or other disposition of, any of the Owned Shares or (ii) knowingly take any action that would make any representation or warranty of the Contributing Shareholder contained herein untrue or incorrect or have the effect of preventing or disabling the Contributing Shareholder from performing his obligations under this Agreement.

Restriction on Transfer and Non-Interference. The Each Contributing Shareholder hereby agrees, except as expressly contemplated by this Agreement, not to (i) sell, transfer, pledge, encumber, assign or otherwise dispose of, or enter into any contract, option or other arrangement or understanding with respect to the sale, transfer, pledge, encumbrance, assignment or other disposition of, any of the its Owned Shares or (ii) knowingly take any action that would make any representation or warranty of any of the Contributing Shareholder Shareholders contained herein untrue or incorrect or have the effect of preventing or disabling any of the Contributing Shareholder Shareholders from performing his his, her or its obligations under this Agreement.