Common use of Right of Participation; Right of First Refusal; Co-Sale Right Clause in Contracts

Right of Participation; Right of First Refusal; Co-Sale Right. The Right of Participation of each Participation Rights Holder under Section 4.1, the right of first refusal of each ROFR Rights Holder under Section 4.2 and the co-sale right of each Co-Sale Rights Holder under Section 5 hereof is fully assignable to the Affiliates of such Participation Rights Holder, ROFR Rights Holder or Co-Sale Rights Holder or to any Person who holds or is acquiring Preferred Shares in a permitted transfer; provided, however that the transferee executes and delivers an Adherence Agreement as provided in Section 6.1(d).