Common use of TRANSFER OF STOCKHOLDER SHARES BY THE STOCKHOLDER Clause in Contracts

TRANSFER OF STOCKHOLDER SHARES BY THE STOCKHOLDER. Prior to the record date for the Arch stockholder meeting to vote on the Merger Agreement, the Stockholder will not sell, transfer, assign, convey or otherwise dispose of any of the Stockholder Shares; except dividends or distributions to the stockholders of the Stockholder if such persons agree in writing to be bound by the terms hereof and provided further, that such transfer does not, in the opinion of a tax advisor reasonably acceptable to Pogo, violate the terms of Section 1.05(b) hereof.

Appears in 8 contracts

Samples: Stockholder Agreement (Arch Petroleum Inc /New/), Stockholder Agreement (Arch Petroleum Inc /New/), Stockholder Agreement (Pogo Producing Co)

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TRANSFER OF STOCKHOLDER SHARES BY THE STOCKHOLDER. Prior to the record date for the Arch stockholder meeting to vote on the Merger Agreement, the Stockholder will not sell, transfer, assign, convey or otherwise dispose of any of the Stockholder Shares; except dividends or distributions transfers to the stockholders affiliates of the Stockholder if such persons agree in writing to be bound by the terms hereof and provided further, that such transfer does not, in the opinion of a tax advisor reasonably acceptable to Pogo, violate the terms of Section 1.05(b) hereof.

Appears in 4 contracts

Samples: Stockholder Agreement (Arch Petroleum Inc /New/), Stockholder Agreement (Arch Petroleum Inc /New/), Stockholder Agreement (Pogo Producing Co)

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