Common use of Restrictions on Transfer of Common Shares Clause in Contracts

Restrictions on Transfer of Common Shares. The Employee agrees that, during the Lock-Up Period, Employee will not Transfer any Lock-Up Shares other than pursuant to a Permitted Transfer; provided, however, that upon any Permitted Transfer, each Permitted Transferee in such Transfer shall agree in writing to be bound by the restrictions set forth in this Section 20.

Appears in 15 contracts

Samples: Employment Agreement (Sierra Income Corp), Employment Agreement (Sierra Income Corp), Employment Agreement (Sierra Income Corp)

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Restrictions on Transfer of Common Shares. The Employee Each Unitholder agrees that, during the Lock-Up Period, Employee they will not Transfer any Lock-Up Shares other than pursuant to a Permitted Transfer; provided, however, that upon any Permitted Transfer, Transfer each Permitted Transferee in such Transfer shall agree in writing to be bound by the restrictions set forth in this Section 204.

Appears in 4 contracts

Samples: Employment Agreement (Sierra Income Corp), Employment Agreement (Medley Management Inc.), Agreement and Plan of Merger (Sierra Income Corp)

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Restrictions on Transfer of Common Shares. The Employee agrees that, during the Lock-Up Period, Employee will not Transfer any Lock-Up Shares other than pursuant to a Permitted Transfer; provided, however, that upon any Permitted Transfer, Transfer each Permitted Transferee in such Transfer shall agree in writing to be bound by the restrictions set forth in this Section 20.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Sierra Income Corp), Agreement and Plan of Merger (Medley Management Inc.)

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