Common use of Restriction on Transfer of Option Shares Clause in Contracts

Restriction on Transfer of Option Shares. Anything in this Agreement to the contrary notwithstanding, the Optionee hereby agrees that it shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee has furnished the Company with notice of such proposed transfer and the Company’s legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.

Restriction on Transfer of Option Shares. Anything in this Agreement to the contrary notwithstanding, the Optionee Employee hereby agrees that it he shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it him without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee Employee has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.

Restriction on Transfer of Option Shares. Anything in this Agreement to the contrary notwithstanding, the Optionee Director hereby agrees that it he or she shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it him or her without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee Director has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.

Restriction on Transfer of Option Shares. Anything in this Agreement to the contrary notwithstanding, the Optionee hereby agrees that it shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee has furnished the Company with notice of such proposed transfer and the Company’s legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.. ~Doc# 429491.03~

Restriction on Transfer of Option Shares. Anything in this Agreement to the contrary notwithstanding, the Optionee Employee hereby agrees that it he shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it the Employee without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee Employee has furnished the Company with notice of such proposed transfer and the Company’s legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.

Restriction on Transfer of Option Shares. (a) Anything in this Agreement to the contrary notwithstanding, the Optionee hereby agrees that it he shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it him without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.

Restriction on Transfer of Option Shares. Anything in this Agreement to the contrary notwithstanding, the Optionee hereby agrees that it shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.

Restriction on Transfer of Option Shares. Anything in this Agreement to the contrary notwithstanding, the Optionee Consultant hereby agrees that it shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee Consultant has furnished the Company with notice of such proposed transfer and the Company’s legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.

Restriction on Transfer of Option Shares. Anything in this Agreement to the contrary notwithstanding, the Optionee Holder hereby agrees that it he or she shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it him or her without registration under the 1933 Securities Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Securities Act registration requirements is available thereunder, and (ii) the Optionee Holder has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.

Restriction on Transfer of Option Shares. 11.1 Anything in this Agreement to the contrary notwithstanding, the Optionee Consultant hereby agrees that it he shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it him without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee Consultant has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.

Restriction on Transfer of Option Shares. 11.1 Anything in this Agreement to the contrary notwithstanding, the Optionee Employee hereby agrees that it he shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it him without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee Employee has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.

Restriction on Transfer of Option Shares. Anything in this Agreement to the contrary notwithstanding, the Optionee hereby agrees that it Optionee shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it the Optionee without registration under the 1933 Securities Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Securities Act registration requirements is available thereunder, and (ii) the Optionee has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.

Restriction on Transfer of Option Shares. 12.1 Anything in this Agreement to the contrary notwithstanding, the Optionee hereby agrees that it he or she shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it him or her without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee has furnished the Company with notice of such proposed transfer and the Company’s legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.

Restriction on Transfer of Option Shares. Anything in this Agreement to the contrary notwithstanding, the Optionee Executive hereby agrees that it he shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it him without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee Executive has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.

Restriction on Transfer of Option Shares. 12.1 Anything in this Agreement to the contrary notwithstanding, the Optionee hereby agrees that it he shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it him without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.

Restriction on Transfer of Option Shares. Anything in this Agreement to the contrary notwithstanding, the Optionee Executive hereby agrees that it he or she shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it him or her without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee Executive has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.

Restriction on Transfer of Option Shares. 12.1 Anything in this Agreement to the contrary notwithstanding, the Optionee hereby agrees that it he shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it him without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.

Restriction on Transfer of Option Shares. Anything in this Agreement to the contrary notwithstanding, the Optionee Employee hereby agrees that it Employee shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it him without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee Employee has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.

Restriction on Transfer of Option Shares. 11.1. Anything in this Agreement to the contrary notwithstanding, the Optionee Employee hereby agrees that it he shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it him without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee Employee has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.

Restriction on Transfer of Option Shares. 13.1 Anything in this Agreement to the contrary notwithstanding, the Optionee Employee hereby agrees that it he shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it him without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee Employee has furnished the Company with notice of such proposed transfer and the Company’s legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.

Restriction on Transfer of Option Shares. 11. 1. Anything in this Agreement to the contrary notwithstanding, the Optionee hereby agrees that it he shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it him without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.

Restriction on Transfer of Option Shares. 12.1. Anything in this Agreement to the contrary notwithstanding, the Optionee hereby agrees that it he or she shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it him or her without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.

Restriction on Transfer of Option Shares. 11.1. Anything in this Agreement to the contrary notwithstanding, the Optionee hereby agrees that it he shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it him without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.

Restriction on Transfer of Option Shares. Anything ---------------------------------------- in this Agreement to the contrary notwithstanding, the Optionee hereby agrees that it he shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it him without registration under the Securities Act of 1933 (the "1933 Act"), or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.

Restriction on Transfer of Option Shares. 10.1 Anything in this Agreement to the contrary notwithstanding, the Optionee hereby agrees that it he shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it him without registration under the 1933 Securities Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Securities Act registration requirements is available thereunder, thereunder and (ii) the Optionee has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.

Restriction on Transfer of Option Shares. 11.1 Anything in this Agreement to the contrary notwithstanding, the Optionee Executive hereby agrees that it he shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it him without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee Executive has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.

Restriction on Transfer of Option Shares. Anything in this Agreement to the contrary notwithstanding, the Optionee hereby agrees that it he or she shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it him or her without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.

Restriction on Transfer of Option Shares. 9.1 Anything in this Agreement to the contrary notwithstanding, the Optionee T&R hereby agrees that it shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee T&R has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.

Restriction on Transfer of Option Shares. Anything in this Agreement to the contrary notwithstanding, the Optionee Employee hereby agrees that it he or she shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it him or her without registration under the 1933 Act, or in the event that they are not so registered, unless (i) an exemption from the 1933 Act registration requirements is available thereunder, and (ii) the Optionee Employee has furnished the Company with notice of such proposed transfer and the Company’s 's legal counsel, in its reasonable opinion, shall deem such proposed transfer to be so exempt.

Restriction on Transfer of Option Shares. Anything in this Agreement to the contrary notwithstanding, the Optionee Holder hereby agrees that it he shall not sell, transfer by any means or otherwise dispose of the Option Shares acquired by it without registration under the 1933 Act, or in the event that they are not so registered, him unless (i) they have been registered under the Act or (ii) an exemption from the 1933 Act registration requirements of the Act is available thereunder, thereunder and (ii) the Optionee Holder has furnished the Company with notice of such proposed transfer and the Company’s an opinion of legal counsel, in its reasonable opinion, shall deem counsel that such proposed transfer to be is so exempt.