Common use of Transfer of Net Shares Clause in Contracts

Transfer of Net Shares. Such Stockholder hereby irrevocably directs the Company, on its behalf, to transfer any share certificates issued pursuant to Section 4.7 with respect to the Net Shares to Sub immediately upon the Wire Initiation, and the Company covenants to so transfer and deliver such share certificates to Sub.

Appears in 3 contracts

Samples: Tender and Support Agreement (Bristol Myers Squibb Co), Tender and Support Agreement (Inhibitex, Inc.), Tender and Support Agreement (Inhibitex, Inc.)

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Transfer of Net Shares. Such Stockholder hereby irrevocably directs the Company, on its behalf, to transfer any share certificates issued pursuant to Section 4.7 with respect to the Net Shares to Sub immediately upon the Wire InitiationMerger Sub, and the Company covenants to so transfer and deliver such share certificates to Merger Sub.

Appears in 1 contract

Samples: Tender and Support Agreement (Iris International Inc)

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Transfer of Net Shares. Such Stockholder Each of the Stockholders hereby irrevocably directs the Company, on its behalf, to transfer any share certificates issued pursuant to Section 4.7 4.6 with respect to the Net Shares to Acquisition Sub immediately upon the Wire Initiation, and the Company covenants to so transfer and deliver such share certificates to Acquisition Sub.

Appears in 1 contract

Samples: Tender and Support Agreement (Midas Inc)

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