Common use of Transfer of Vested Shares Clause in Contracts

Transfer of Vested Shares. The holders of Vested Shares shall not Transfer any interest in any Vested Shares, except pursuant to (i) an Approved Sale, (ii) applicable laws of descent and distribution or to such Person's legal guardian in the case of any mental incapacity or among such Person's Family Group, or (iii) a Public Sale. The restrictions set forth in this Section 4(b) will continue with respect to each Vested Share until the earlier of (i) the date on which such Vested Shares have been transferred in a Public Sale permitted by this Section 4(b), or (ii) the consummation of an Approved Sale.