Common use of Restrictions on Disposition of Restricted Shares Clause in Contracts

Restrictions on Disposition of Restricted Shares. Holder shall make no disposition of the Restricted Shares (other than a Permitted Transfer) unless and until there is compliance with all of the following requirements: (i) Holder shall have provided the Company with a written summary of the terms and conditions of the proposed disposition; and (ii) Holder shall have complied with all requirements of this Agreement applicable to the disposition of the Restricted Shares.

Appears in 3 contracts

Samples: Stock Purchase Agreement (American Medical Alert Corp), Stock Purchase Agreement (American Medical Alert Corp), Stock Purchase Agreement (American Medical Alert Corp)

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Restrictions on Disposition of Restricted Shares. Holder shall make no disposition of the Restricted Shares (other than a Permitted Transfer) unless and until there is compliance with all of the following requirements: (i) Holder shall have provided the Company with a written summary of the terms and conditions of the proposed dispositiondisposition of the Restricted Shares; and (ii) Holder shall have complied with all requirements of this Agreement applicable to the disposition of the Restricted Shares.

Appears in 1 contract

Samples: Stock Purchase Agreement (American Medical Alert Corp)

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Restrictions on Disposition of Restricted Shares. Holder The Recipient shall make no disposition of the Restricted Shares (other than a Permitted Transfer) unless and until there is compliance with all of the following requirements: (i) Holder The Recipient shall have provided the Company with a written summary of the terms and conditions of the proposed disposition; and (ii) Holder The Recipient shall have complied with all requirements of this Agreement applicable to the disposition of the Restricted Shares.

Appears in 1 contract

Samples: Restricted Stock Grant Agreement (FriendFinder Networks Inc.)

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