Common use of Restrictions on Transfers by Stockholders Clause in Contracts

Restrictions on Transfers by Stockholders. Each of the Stockholders hereby agrees that, so long as this Agreement is in effect, it will not, without the prior written consent of the Company, sell or otherwise transfer any of the shares of Common Stock held by such Stockholder to Cerberus or any entity which owns, directly or indirectly, 5% or more of the issued and outstanding equity securities of any entity that conducts clinical or specialized laboratory services as its principal business.

Restrictions on Transfers by Stockholders. Each of the Stockholders hereby agrees that, so long as this Agreement is in effect, it will not, without the prior written consent of the Company, sell or otherwise transfer any of the shares of Common Stock held by such Stockholder to Cerberus or any entity entity, other than a Stockholder, which owns, directly or indirectly, 5% or more of the issued and outstanding equity securities of any entity that conducts clinical or specialized laboratory services as its principal business.