Common use of Termination of Transfer Restrictions Clause in Contracts

Termination of Transfer Restrictions. The provisions of this Section 5 will terminate upon a Qualified Initial Public Offering.

Appears in 4 contracts

Samples: Executive Stock and Option Agreement (Bedding Experts Inc), Executive Stock and Option Agreement (Bedding Experts Inc), Executive Stock and Option Agreement (Bedding Experts Inc)

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Termination of Transfer Restrictions. The provisions of this restrictions set forth in ------------------------------------ Section 5 6(a) will terminate upon a Qualified Initial Public Offering.

Appears in 1 contract

Samples: Executive Stock and Option Agreement (Microclock Inc)

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