Common use of Seller's Right to Transfer Clause in Contracts

Seller's Right to Transfer. If the Company has not elected to purchase all or any portion of the Offered Stock, then, with respect to that portion of Offered Stock that will not be purchased by the Company pursuant to Section 2 hereof, the Right of First Refusal shall not apply to such Transfer, and the Seller may Transfer such portion of the Offered Stock, which the Company has not elected to purchase to any person named as a purchaser or other Transferee in the IAO Common Stock Transfer Notice, at the Offered Price or at a higher price; provided further that such Transfer (i) is consummated within 60 days after the end of the Company Confirmation Notice Period, (ii) is on terms no more favorable than the terms proposed in the IAO Common Stock Transfer Notice, and (iii) is in accordance with all the terms of this Agreement. If the Offered Stock is not so Transferred during such 60 day period, then the Seller may not Transfer any of such Offered Stock without complying again in full with the provisions of this Agreement.

Seller's Right to Transfer. If the Company has not elected to purchase all or any portion of the Offered Stock, then, with respect to that portion of Offered Stock that will not be purchased by the Company pursuant to Section 2 hereof, the Right of First Refusal shall not apply to such Transfer, and the Seller Sellers may Transfer such portion of the Offered Stock, which the Company has not elected to purchase to any person named as a purchaser or other Transferee in the IAO Common Stock Transfer Notice, at the Offered Price or at a higher price; provided further that such Transfer (i) is consummated within 60 days after the end of the Company Confirmation Notice Period, (ii) is on terms no more favorable than the terms proposed in the IAO Common Stock Transfer Notice, and (iii) is in accordance with all the terms of this Agreement. If the Offered Stock is not so Transferred during such 60 day period, then the Seller Sellers may not Transfer any of such Offered Stock without complying again in full with the provisions of this Agreement.

Seller's Right to Transfer. If the Company Seller has not elected to purchase all or any portion of the Offered Stock, then, with respect to that portion of Offered Stock that will not be purchased by the Company Seller pursuant to Section 2 3 hereof, the Right of First Refusal shall not apply to such Transfer, and the Seller Company may Transfer such portion of the Offered Stock, which the Company Seller has not elected to purchase to any person named as a purchaser or other Transferee in the IAO Common Stock Slate Ordinary Shares Transfer Notice, at the Offered Price or at a higher price; provided further that such Transfer (i) is consummated within 60 days after the end of the Company Seller Confirmation Notice Period, (ii) is on terms no more favorable than the terms proposed in the IAO Common Stock Slate Ordinary Shares Transfer Notice, and (iii) is in accordance with all the terms of this Agreement. If the Offered Stock is not so Transferred during such 60 day period, then the Seller Company may not Transfer any of such Offered Stock without complying again in full with the provisions of this Agreement.

Seller's Right to Transfer. If the Company Sellers has not elected to purchase all or any portion of the Offered Stock, then, with respect to that portion of Offered Stock that will not be purchased by the Company Sellers pursuant to Section 2 3 hereof, the Right of First Refusal shall not apply to such Transfer, and the Seller Company may Transfer such portion of the Offered Stock, which the Company Sellers has not elected to purchase to any person named as a purchaser or other Transferee in the IAO Common Stock GPlus Ordinary Shares Transfer Notice, at the Offered Price or at a higher price; provided further that such Transfer (i) is consummated within 60 days after the end of the Company Sellers Confirmation Notice Period, (ii) is on terms no more favorable than the terms proposed in the IAO Common Stock GPlus Ordinary Shares Transfer Notice, and (iii) is in accordance with all the terms of this Agreement. If the Offered Stock is not so Transferred during such 60 day period, then the Seller Company may not Transfer any of such Offered Stock without complying again in full with the provisions of this Agreement.