Restrictions on Transferability Registration Rights. The Restricted Securities shall not be transferable except upon the conditions specified in this Section 3; provided that, notwithstanding any other provision of this Section 3, each Seller shall have the right to transfer any Restricted Securities upon the prior written consent of NGSG. Each transferee shall be subject to the same transfer restrictions imposed on Sellers by this Agreement. All rights and obligations of Sellers set forth in this Section 3 will inure to the benefit of and be binding upon any transferee of the Restricted Securities.
Appears in 4 contracts
Samples: Stock Purchase Agreement (Natural Gas Services Group Inc), Stockholders’ Agreement (Natural Gas Services Group Inc), Stockholders’ Agreement (Natural Gas Services Group Inc)
Restrictions on Transferability Registration Rights. The Restricted Securities shall not be transferable except upon the conditions specified in this Section 3; provided that, notwithstanding any other provision of this Section 3, each Seller shall have the right to transfer any Restricted Securities upon the prior written consent of NGSG. Each transferee shall be subject to the same transfer restrictions imposed on Sellers by this Agreement. All rights and obligations of Sellers set forth in this Section 3 will inure to the benefit of and be binding upon any transferee of the Restricted Securities.this
Appears in 1 contract
Samples: Stockholders’ Agreement (Natural Gas Services Group Inc)
