Common use of Sales Free of Restrictions Clause in Contracts

Sales Free of Restrictions. If the Company does not elect to purchase all of the Offered Shares, the Shareholder may, not sooner than 35 or later than 120 days following delivery of the Transfer Notice, enter into an agreement providing for the closing of the transfer of the Offered Shares covered by the Transfer Notice within 30 days of the date such agreement is entered into on the same terms and conditions as those described in the Transfer Notice. Any proposed transfer on different terms and conditions than those described in the Transfer Notice, as well as any subsequent proposed transfer of any of the Shares, shall again be subject to the right of first refusal of the Company and shall require compliance by the Shareholder with the procedures described in this Section 2.

Appears in 6 contracts

Samples: Stock Option Grant Agreement (Blue Apron Holdings, Inc.), Stock Option Grant Agreement (Blue Apron Holdings, Inc.), Stock Option Grant Agreement (Blue Apron Holdings, Inc.)

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Sales Free of Restrictions. If the Company does not elect to purchase all of the Offered Shares, the Shareholder Stockholder may, not sooner than 35 fifteen (15) or later than 120 sixty (60) days following delivery the Company’s receipt of the Transfer Notice, enter into an agreement providing for the closing of the transfer of the Offered Shares covered by the Transfer Notice within 30 thirty (30) days of the date such agreement is entered into on the same terms and conditions as those described in the Transfer Notice. Any proposed transfer on different terms and conditions than those described in the Transfer Notice, as well as any subsequent proposed transfer of any of the Shares, shall again be subject to the right of first refusal of the Company and shall require compliance by the Shareholder Stockholder with the procedures described in this Section 2.

Appears in 2 contracts

Samples: Stock Restrictions Agreement (InterPrivate III Financial Partners Inc.), Stock Restrictions Agreement (InterPrivate III Financial Partners Inc.)

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Sales Free of Restrictions. If the Company does not elect to purchase all of the Offered Shares, the Shareholder Stockholder may, not sooner than 35 fifteen (15) or later than 120 sixty (60) days following delivery the Company’s receipt of the Transfer Notice, enter into an agreement providing for the closing of the transfer of the Offered Shares covered by the Transfer Notice within 30 thirty (30) days of the date such agreement is entered into on the same terms and conditions as those described in the Transfer Notice. Any proposed transfer on different terms and conditions than those described in the Transfer Notice, as well as any subsequent proposed transfer of any of the Shares, shall again be subject to the right of first refusal of the Company and shall require compliance by the Shareholder Stockholder with the procedures described in this Section 22(b).

Appears in 1 contract

Samples: Stock Restrictions Agreement (Heat Biologics, Inc.)

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