Transfer by Shareholders. No Shareholder shall sell, assign, transfer, pledge, encumber or otherwise dispose of, whether by operation of law or otherwise, any Equity Securities unless any such transfer is made to a transferee who concurrently is or prior to such transfer becomes a party to this Agreement.
Appears in 2 contracts
Samples: Shareholders' Agreement (Telantis Venture Partners v Inc), Shareholders' Agreement (Visalia Trust)
Transfer by Shareholders. No Shareholder shall sell, assign, transfer, pledge, encumber or otherwise dispose of, whether by operation of law or otherwise, any Equity Securities unless any such transfer is made to a transferee who concurrently is with or prior to such transfer becomes a party to this AgreementAgreement or unless the Equity Securities are shares of Common Stock sold pursuant to an effective registration statement.
Appears in 2 contracts
Samples: Shareholders' and Rights Agreement (Softlock Com Inc), Shareholders' and Rights Agreement (Softlock Com Inc)
Transfer by Shareholders. No Shareholder shall sell, assign, transfer, pledge, encumber or otherwise dispose of, whether by operation of law or otherwise, any Equity Securities unless any such transfer is made to a transferee who concurrently is with or prior to such transfer becomes a party to this Agreement.
Appears in 1 contract
Samples: Shareholders' and Rights Agreement (Softlock Com Inc)
Transfer by Shareholders. No Shareholder shall sell, assign, ----------- ------------------------ transfer, pledge, encumber or otherwise dispose of, whether by operation of law or otherwise, any Equity Securities shares of Common Stock which are then subject to the Purchase Option unless (i) the Shareholder has obtained the consent of the Company pursuant to Section 2.2(b) and (ii) any such transfer is made to a transferee who concurrently is with or prior to such transfer becomes a party to this Agreement.
Appears in 1 contract
