Common use of TERMINATION OF RESTRICTIONS AND RIGHTS Clause in Contracts

TERMINATION OF RESTRICTIONS AND RIGHTS. Notwithstanding any other provision of this Agreement to the contrary, but subject to the restrictions of all applicable federal and state securities laws, including the restrictions in this Agreement relating thereto, from and after the Release Date (i) any and all shares of Capital Stock owned by the Shareholders may be sold, transferred, assigned, exchanged, pledged, encumbered or otherwise disposed of (and the Shareholders may grant any option or right to purchase such shares or any legal or beneficial interest therein, or may continue to hold such shares), free of the restrictions contained in this Agreement and (ii) the Shareholders shall no longer be entitled to any of the rights contained in this Agreement, except those rights set forth in Section 3.3(b), which shall continue so long as any Debentures are outstanding, and those rights set forth in Section 3.4, which shall continue until the NMP Entities no longer hold any shares of Capital Stock. Without limiting the generality of the foregoing, from and after the Release Date, the provisions of Sections 3 (other than Sections 3.3(b) and 3.4) and 4 shall terminate and have no further force or effect.

TERMINATION OF RESTRICTIONS AND RIGHTS. Notwithstanding any other provision of this Agreement to the contrary, but subject to the restrictions of all applicable federal and state securities laws, including the restrictions in this Agreement relating thereto, from and after the Release Date (i) any and all shares of Capital Common Stock owned by the Shareholders Employee may be sold, transferred, assigned, exchanged, pledged, encumbered or otherwise disposed of (and the Shareholders Employee may grant any option or right to purchase such shares or any legal or beneficial interest therein, or may continue to hold such shares), free of the restrictions contained in this Agreement and (ii) the Shareholders Employee shall no longer be entitled to any of the rights contained in this Agreement, except those rights set forth in Section 3.3(b), which shall continue so long as any Debentures are outstanding, and those rights set forth in Section 3.4, which shall continue until the NMP Entities no longer hold any shares of Capital Stockcapital stock. Without limiting the generality of the foregoing, from and after the Release Date, the provisions of Sections 3 (other than Sections 3.3(b) and Section 3.4) and 4 shall terminate and have no further force or effect.