Transfer of Restricted Shares. On the second Anniversary Date, the Shareholder may Transfer up to fifty (50%) percent of their Restricted Shares, and on the third Anniversary Date the Shareholder may Transfer up to the remaining fifty (50%) percent of their Restricted Shares.
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Samples: Lockup Agreement (Aerobic Creations, Inc.), Lockup Agreement (Aerobic Creations, Inc.), Lockup Agreement (Aerobic Creations, Inc.)
Transfer of Restricted Shares. On the second Anniversary Date, the Shareholder may Transfer up to fifty (50%) percent of their Restricted Shares, and on the third Anniversary Date the Shareholder may Transfer up to twenty-five (25%) percent of their Restricted Shares and on the fourth Anniversary Date the Shareholder may Transfer up to the remaining fifty twenty-five (5025%) percent of their Restricted Shares.
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