TRANSFER SUBJECT TO AGREEMENT. The parties agree that the transfer of administration and control of Provincial Roads from Saskatchewan to Canada to be set apart as an Entitlement Reserve shall in all cases be the subject of a separate agreement among the Band, Saskatchewan, Canada and the Rural Municipality, or Urban Municipality, or Northern Municipality within which the Provincial Road is located.
TRANSFER SUBJECT TO AGREEMENT. No Shareholder may, directly or indirectly, transfer (as hereafter defined) the whole or any part of the Shares, or the certificate or certificates representing same, or any interest therein, except as hereafter expressly permitted by this Agreement. The term “transfer,” as herein used, shall include any sale, assignment, gift, mortgage, pledge, hypothecation, bequest, encumbrance or disposition, or any transfer as a result of any voluntary or involuntary legal proceedings, execution, sale, bankruptcy, insolvency, or otherwise, of any of the shares. Any transfer of all or any part of the shares in violation of this Agreement shall be null and void.
TRANSFER SUBJECT TO AGREEMENT. The Corporation hereby agrees that it will not at any time permit any transfer to be made on its books or records of the certificates representing the Shares owned by any of the Stockholders unless such transfer is made pursuant to and in accordance with the terms and conditions of this Agreement and in accordance with applicable securities laws and unless the transferee has executed a counterpart of this Agreement.
