Common use of Restrictions on Transfer and Issuance Clause in Contracts

Restrictions on Transfer and Issuance. Except as expressly provided in this Agreement, no Shareholder shall sell, assign, transfer, give, bequeath, devise, donate or otherwise dispose of, or pledge, deposit or otherwise encumber, in any way or manner whatsoever, whether voluntarily or involuntarily (a "Transfer"), any of the Shares now or hereafter owned (of record or beneficially) by him without the express prior written consent of the other Shareholders. Shareholders shall Transfer Shares only in accordance with the provisions of this Agreement.

Appears in 4 contracts

Samples: Subscription and Shareholders' Agreement (Crusader Holding Corp), Shareholder Agreement (Crusader Holding Corp), Shareholders Agreement (Crusader Holding Corp)

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Restrictions on Transfer and Issuance. Except as expressly provided in this Agreement, no Shareholder shall sell, assign, transfer, give, bequeath, devise, donate or otherwise dispose of, or pledge, deposit or otherwise encumber, in any way or manner whatsoever, whether voluntarily or involuntarily (a "Transfer"), any of the Shares now or hereafter owned (of record or beneficially) by him without the express prior written consent of the other Initial Shareholders. Shareholders shall Transfer Shares only in accordance with the provisions of this Agreement.

Appears in 1 contract

Samples: Shareholders' Agreement (Crusader Holding Corp)

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