Transfer of All Securities. Upon the permitted Transfer by any Stockholder, executor or other entity of all Corporation Securities owned or held by him, her or it and, upon payment of any consideration to which such Stockholder is entitled, such Stockholder shall have no further rights or privileges under this Agreement or otherwise be entitled to the benefits hereof. However, such Transfer shall not relieve a Stockholder, his or her executor or his, her or its successors or assigns from liability hereunder in the event of a breach by any such Stockholder of his, her or its duties hereunder prior to such Transfer.
Appears in 2 contracts
Samples: Stockholders Agreement (Mirion Technologies, Inc.), Stockholders Agreement (Mirion Technologies, Inc.)
Transfer of All Securities. Upon the permitted Transfer by any Stockholder, executor or other entity of all Corporation Company Securities owned or held by him, her or it and, upon payment of any consideration to which such Stockholder is entitled, such Stockholder shall have no further rights or privileges under this Agreement or otherwise be entitled to the benefits hereof. However, such Transfer shall not relieve a Stockholder, his or her executor or his, her or its successors or assigns from liability hereunder in the event of a breach by any such Stockholder of his, her or its duties hereunder prior to such Transfer.
Appears in 2 contracts
Samples: Stockholders’ Agreement (Papa Murphy's Holdings, Inc.), Stockholders’ Agreement (Papa Murphy's Holdings, Inc.)