Common use of Transfer Restrictions Generally Clause in Contracts

Transfer Restrictions Generally. Except as provided in Section -------------------------------- ------- 12.2, for a period of forty-two (42) months from the Closing, the Stockholders ---- shall not (a) sell, assign, exchange, transfer, distribute or otherwise dispose of, in whole or in part, (i) any shares of CenterPoint Common Stock received by the Stockholders in the Merger (the "RESTRICTED SHARES"), or (ii) any interest (including, without limitation, an option to buy or sell) in any Restricted Shares; or (b) engage in any transaction, whether or not with respect to any Restricted Shares or any interest therein, the intent or effect of which is to reduce the risk of owning Restricted Shares (including, without limitation, engaging in put, call, short-sale, derivative, straddle or similar market transactions).

Appears in 1 contract

Samples: Merger Agreement (Centerpoint Advisors Inc)

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Transfer Restrictions Generally. Except as provided in Section -------------------------------- ------- 12.2, ------------------------------- ------------ for a period of forty-two (42) months from the Closing, the Stockholders ---- Sellers shall not (a) sell, assign, exchange, transfer, distribute or otherwise dispose of, in whole or in part, (i) any shares of CenterPoint Common Stock received by the Stockholders Sellers in the Merger (the "1 RESTRICTED SHARES"), or (ii) any interest (including, without limitation, an option to buy or sell) in any Restricted Shares; or (b) engage in any transaction, whether or not with respect to any Restricted Shares or any interest therein, the intent or effect of which is to reduce the risk of owning the Restricted Shares (including, without limitation, engaging in put, call, short-sale, derivative, straddle or similar market transactions).

Appears in 1 contract

Samples: Merger Agreement (Centerpoint Advisors Inc)

Transfer Restrictions Generally. Except as provided in Section -------------------------------- ------- 12.2, ------------------------------- ------------ for a period of forty-two (42) months from the Closing, the Stockholders ---- shall not (a) sell, assign, exchange, transfer, distribute or otherwise dispose of, in whole or in part, part (i) any shares of CenterPoint Common Stock received by the Stockholders in the Merger (the "1 RESTRICTED SHARES"), or (ii) any interest (including, without limitation, an option to buy or sell) in any Restricted Shares; or (b) engage in any transaction, whether or not with respect to any Restricted Shares or any interest therein, the intent or effect of which is to reduce the risk of owning the Restricted Shares (including, without limitation, engaging in put, call, short-sale, derivative, straddle or similar market transactions).

Appears in 1 contract

Samples: Merger Agreement (Centerpoint Advisors Inc)

Transfer Restrictions Generally. Except as provided in Section -------------------------------- ------- 12.2, for a period of forty-two (42) months from the Closing, the Signing Stockholders ---- shall not (a) sell, assign, exchange, transfer, distribute or otherwise dispose of, in whole or in part, (i) any shares of CenterPoint Common Stock received by the Signing Stockholders in the Merger (the "RESTRICTED SHARESRestricted Shares"), or (ii) any interest (including, without limitation, an option to buy or sell) in any Restricted Shares; or (b) engage in any transaction, whether or not with respect to any Restricted Shares or any interest therein, the intent or effect of which is to reduce the risk of owning the Restricted Shares (including, without limitation, engaging in put, call, short-sale, derivative, straddle or similar market transactions).

Appears in 1 contract

Samples: Merger Agreement (Centerpoint Advisors Inc)

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Transfer Restrictions Generally. Except as provided in Section -------------------------------- ------- 12.2, ------------------------------- ------------ for a period of forty-two (42) months from the Closing, the Stockholders ---- shall not (a) sell, assign, exchange, transfer, distribute or otherwise dispose of, in whole or in part, (i) any shares of CenterPoint Common Stock received by the Stockholders in the Merger (the "RESTRICTED SHARES"), or (ii) any interest (including, without limitation, an option to buy or sell) in any Restricted Shares; or (b) engage in any transaction, whether or not with respect to any Restricted Shares or any interest therein, the intent or effect of which is to reduce the risk of owning the Restricted Shares (including, without limitation, engaging in put, call, short-sale, derivative, straddle or similar market transactions).

Appears in 1 contract

Samples: Merger Agreement (Centerpoint Advisors Inc)

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