Common use of Restrictions on Transfers; Permitted Transferees Clause in Contracts

Restrictions on Transfers; Permitted Transferees. (a) Each Holder, severally and not jointly, agrees and acknowledges that such Holder will not, directly or indirectly, offer, sell, assign, pledge, encumber or otherwise transfer any Restricted Securities or solicit any offers to purchase or otherwise acquire or make a pledge of any Restricted Securities, except in the case of (i) a sale of Restricted Securities pursuant to an effective registration statement under the Securities Act, (ii) a Tag-Along Sale or (iii) a Bring-Along Sale, in each case otherwise in accordance with this Agreement.

Appears in 4 contracts

Samples: Stockholders’ Agreement (BioHorizons, Inc.), Stockholders' Agreement (Alphatec Holdings, Inc.), Stockholders' Agreement (Alphatec Holdings, Inc.)

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Restrictions on Transfers; Permitted Transferees. (a) Each Holder, severally and not jointly, agrees and acknowledges that such Holder will not, directly or indirectly, offer, sell, assign, pledge, encumber or otherwise transfer any Restricted Securities or solicit any offers to purchase or otherwise acquire or make a pledge of any Restricted Securities, except (i) in the case of (iA) a sale of Restricted Securities pursuant to an effective registration statement under the Securities Act, (iiB) a Tag-Along Sale or (iiiC) a Bring-Along Sale, in each case otherwise in accordance with this Agreement, or (ii) pursuant to the terms and conditions of that certain Put Option Agreement of even date herewith by and between the Company and the Holders.

Appears in 1 contract

Samples: Stockholders’ Agreement (BioHorizons, Inc.)

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