Restriction Upon Transfer. The Shares may not be sold, transferred or otherwise disposed of and shall not be pledged or otherwise hypothecated by the Optionee except as hereinafter provided.
Restriction Upon Transfer. This Option is not transferable by the Optionee, except as contemplated by Section 8 hereof.
Restriction Upon Transfer. This Retention Option is not transferable by the Recipient, except as contemplated by Section 8 of this Agreement.
Restriction Upon Transfer. Licensee will not lease, rent, sell, pledge, assign, sublicense, loan or otherwise transfer to any third party any part of the Licensed Software or any copy thereof or any of Licensee's rights under this Agreement without the prior written consent of Lightning Rod SoftwareTM.
Restriction Upon Transfer. 5.1. The Ordinary Shares may only be disposed of in compliance with applicable securities laws. In connection with any transfer of Ordinary Shares, other than pursuant to an effective registration statement or Rule 144, promulgated by the United States Securities and Exchange Commission (the “SEC”) pursuant to the Securities Act the United States Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder (the “Securities Act”), as such Rule may be amended or interpreted from time to time, or any similar rule or regulation hereafter adopted by the SEC having substantially the same purpose and effect as such Rule (“Rule 144”), to the Company or to any individual or corporation, partnership, trust, incorporated or unincorporated association, joint venture, limited liability company, joint stock company, government (or an agency or subdivision thereof) or other entity of any kind (each a “Person”) that, directly or indirectly through one or more intermediaries, Controls, as such term is defined in the Securities Act, or is controlled by or is under common control with a Person (each an “Affiliate”) of an Investor or in connection with a pledge as contemplated in Section 5.2, the Company will provide, at the Company’s sole cost and expense, to the Company’s transfer agent an opinion of company counsel acceptable to the Company’s transfer agent, the form and substance of which opinion shall be reasonably satisfactory to the Company’s transfer agent, to the effect that such transfer does not require registration of the Ordinary Shares under the Securities Act. As a condition of transfer, any such transferee shall agree in writing to be bound by the terms of this Agreement and shall have the rights and obligations of an Investor under this Agreement.
Restriction Upon Transfer. The Investor undertakes to follow the foregoing restrictions with respect to the offer and sale of the Securities.
Restriction Upon Transfer. Restricted Stock may not be sold, transferred or otherwise disposed of and shall not be pledged or otherwise hypothecated by the Grantee.
Restriction Upon Transfer. The Investor acknowledges that it is subject to certain restrictions regarding resale of the Issued Units and the underlying Ordinary Shares, including the Ordinary Shares covered by the warrants (the Warrant underlying Shares are herein referred to as “Warrant Shares,” and together with the Ordinary Shares, collectively, the “Shares”) pursuant to the provisions of the Securities Regulations (Details Regarding Sections 15a to 15c of the Securities Law), 2000, which as of the date hereof provide as follows:
Restriction Upon Transfer. Licensee will not lease, rent, sell, pledge, assign, sublicense, loan or otherwise transfer to any third party any part of the Licensed Software or any copy thereof or any of Licensee's rights under this Agreement without the prior written consent of Atio USA.
Restriction Upon Transfer. Until the Restricted Shares received under the terms of the Award are vested, without the prior written consent of the Company, none of the Restricted Shares may be transferred to any Person other than the Company, except as described in Section 7(g) of the Plan.
