Restrictions on Transfer of Common Stock. Notwithstanding the filing and effectiveness of the Registration Statement, the Investor agrees to Transfer the Common Stock (not including the Warrant Shares) only as follows:
Restrictions on Transfer of Common Stock. (a) In order to induce the Company to accelerate the vesting of the Options and Restricted Stock hereunder, the Employee agrees that, notwithstanding anything to the contrary in the applicable option agreement or restricted stock agreement or in the Employment Agreement, during the term of the Employee’s employment with the Company the Employee will not, without the prior written consent of the Company, offer, sell, contract to sell, or otherwise dispose of (or enter into any transaction which is designed to, or might reasonably be expected to, result in the disposition (whether by actual disposition or effective economic disposition due to cash settlement or otherwise) by the Employee or any person in privity with the Employee), directly or indirectly, or establish or increase a put equivalent position or liquidate or decrease a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the rules and regulations of the Securities and Exchange Commission promulgated thereunder, with respect to (i) any shares of Common Stock issuable upon exercise of the Options (the “Option Shares”) or (ii) any shares of Employee Stock (together with the Option Shares, the “Vested Shares”), or publicly announce an intention to effect any such transaction, for a period of five (5) years after the date of this Agreement, except as permitted by paragraphs (b) and/or (c) below.
Restrictions on Transfer of Common Stock. Each Equity Sponsor agrees that it will not transfer any or all of its common stock of New Hampshire Hydro to any other person unless such person is an Equity Sponsor or meets the requirements for being an Equity Sponsor under sections 4B or 4C hereof as of the date of such transfer and a similar transfer is made under the Equity Funding Agreement for New Hampshire Hydro.
Restrictions on Transfer of Common Stock. (a) In exchange for the award set forth in Section 2 above, the Executive agrees that, notwithstanding anything to the contrary in the Employment Agreement, during the term of the Executive’s employment with the Company the Executive will not, without the prior written consent of the Company, offer, sell, transfer, contract to sell, or otherwise dispose of (or enter into any transaction which is designed to, or might reasonably be expected to, result in the disposition (whether by actual disposition or effective economic disposition due to cash settlement or otherwise) by the Executive or any person in privity with the Executive), directly or indirectly, or establish or increase a put equivalent position or liquidate or decrease a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the rules and regulations of the Securities and Exchange Commission promulgated thereunder, with respect to any shares of Vested Stock, or publicly announce an intention to effect any such transaction, for a period of three (3) years after the date of this Agreement, except to satisfy tax withholding or as otherwise permitted by paragraphs (b) below.
Restrictions on Transfer of Common Stock. (a) The Purchaser shall not, directly or indirectly, sell or transfer any Common Stock purchased under this Agreement for a period of two years after the Closing Date except as permitted by and in accordance with Section 2.1(b)and Section 2.1(c).
Restrictions on Transfer of Common Stock. (a) Notwithstanding anything to the contrary in ARTICLE IV, during the period commencing on the date hereof and ending on the date that is eighteen (18) months following the date of this Agreement (the “Lockup Period” ), Platinum shall not Transfer any shares of Common Stock Beneficially Owned or otherwise held by it other than (i) in accordance with Section 3.1(f), (ii) upon approval by each of Blackstone and ECP (each, while it owns 5% or more of the Common Stock on a fully diluted basis (calculated using the treasury stock method), and in such capacity a “Qualifying Stockholder”), (iii) in a Transfer that is part of a transaction unanimously approved by the Board or (iv) subject to Section 3.1(b), in a Transfer in which the consideration paid or payable for such shares of Common Stock equals or exceeds $8 per share as adjusted for stock splits, dividends, reorganizations, recapitalizations and the like (the “Trigger Price”).
Restrictions on Transfer of Common Stock. 8 Section 4.01. Restrictions on Transfer of Stock........................... 8
Restrictions on Transfer of Common Stock. (a) In order to induce the Company to accelerate the granting and vesting of the Restricted Stock hereunder, the Executive agrees that, notwithstanding anything to the contrary in the applicable restricted stock agreement or in the Employment Agreement, during the term of the Executive’s employment with the Company the Executive will not, without the prior written consent of the Company, offer, sell, transfer, contract to sell, or otherwise dispose of (or enter into any transaction which is designed to, or might reasonably be expected to, result in the disposition (whether by actual disposition or effective economic disposition due to cash settlement or otherwise) by the Executive or any person in privity with the Executive), directly or indirectly, or establish or increase a put equivalent position or liquidate or decrease a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the rules and regulations of the Securities and Exchange Commission promulgated thereunder, with respect to any shares of Vested Stock, or publicly announce an intention to effect any such transaction, for a period of five (5) years after the date of this Agreement, except as permitted by paragraphs (b) and/or (c) below.
Restrictions on Transfer of Common Stock. (a) Except as otherwise provided for herein, Sponsor shall not, prior to the end of the Lock Up Period, Transfer shares of Common Stock or warrants to purchase shares of Common Stock Beneficially Owned or otherwise held by it.
Restrictions on Transfer of Common Stock. 1.1 Restrictions on ---------------------------------------- --------------- Transfers by Xxxxx. (a) Prior to the fourth anniversary of the date hereof, no ------------------ shares of Common Stock or any interest therein now or hereafter owned by Xxxxx may be Transferred, except for any (i) involuntary Transfer to a third party - permitted under Section 5, (ii) sale to one or more third parties pursuant to -- Section 1.1(b), Section 3.3 ("Tag-Along Rights"), Section 3.4 ("Drag-Along Rights") or Section 6 ("Auction Sale Procedure") or (iii) Transfer to a Xxxxx --- Permitted Assignee that agrees to be bound by the terms of this Agreement pursuant to Section 15.4.
