Common use of Transfer to Third Parties Clause in Contracts

Transfer to Third Parties. (1) If the Company and the Other Stockholder have not elected to purchase all of such Stockholder Shares being offered, the Transferring Stockholder may, within 120 days after the expiration of the Election Period and subject to the provisions of subsection (c) below, Transfer all such Stockholder Shares to one or more third parties at a price not less than 110% of the price offered by the Other Stockholder(s) and on other terms no more favorable to the transferees thereof than offered to the Company and the Other Stockholder(s) in the Offer Notice.

Transfer to Third Parties. (1) If the Company and the Other Stockholder Stockholders have not elected to purchase all of such Stockholder Shares being offered, the Transferring Stockholder may, within 120 days after the expiration of the Election Period and subject to the provisions of subsection (c) belowPeriod, Transfer all such Stockholder Shares to one or more third parties at a price not less than 110% of the price offered by set forth in the Other Stockholder(s) Offer Notice and on other terms no more favorable to the transferees thereof than offered to the Company and the Other Stockholder(s) Stockholders in the Offer Notice.