Common use of Transfer of Multiple Voting Shares Clause in Contracts

Transfer of Multiple Voting Shares. No Multiple Voting Share may be sold, transferred, assigned, pledged or otherwise disposed of, other than: (i) in connection with the conversion of Multiple Voting Shares into Subordinate Voting Shares; (ii) to an immediate family member of the holder; or (iii) a transfer for purposes of estate or tax planning to a company or person that is wholly beneficially owned by the holder or immediate family members of the holder or which the holder or immediate family members of the holder are the sole beneficiaries thereof.

Transfer of Multiple Voting Shares. No Except as otherwise provided in Section 28.9 or 28.10, no Multiple Voting Share may be sold, transferred, assigned, pledged or otherwise disposed ofof (“Transfer”, other than: (i) in connection with “Transferring” or “Transferred”), whether voluntarily or involuntarily, by operation of law or otherwise, without the conversion of Multiple Voting Shares into Subordinate Voting Shares; (ii) to an immediate family member written consent of the holder; or (iii) a transfer directors, and the directors are not required to give any reason for purposes of estate or tax planning refusing to a company or person that is wholly beneficially owned by the holder or immediate family members of the holder or which the holder or immediate family members of the holder are the sole beneficiaries thereofconsent to any such Transfer.