Common use of Transfer of Stockholder Shares Clause in Contracts

Transfer of Stockholder Shares. No Stockholder shall sell, transfer, assign, pledge or otherwise dispose of (whether with or without consideration and whether voluntarily or involuntarily) any interest in its Stockholder Shares (a "Transfer"), except in compliance with the provisions of this Section 8 or pursuant to a Public Sale. Each Stockholder agrees not to consummate any such Transfer (other than a Public Sale) until 45 days after the later of the delivery to the Company and the Other Stockholder of such Stockholder's Offer Notice or Sale Notice (if any) (the "Election Period").