Common use of Transferability of Registration Rights Clause in Contracts

Transferability of Registration Rights. The rights under this -------------------------------------- Agreement are not transferable by holders of Registrable Securities except (a) a transfer by will or intestacy, (b) estate planning transfers consisting of gifts to the spouse or issue of the transferee and transfers to trusts for the benefit of the spouse or issue of the transferee, (c) a transfer to the constituent partners of a Stockholder that is a partnership as part of a pro rata distribution of the shares of Company Common Stock held by such partnership so long as all such transferees appoint a single representative as their attorney- in-fact for the purpose of receiving any notices and exercising their rights under this Agreement, or (d) with the written consent of the Company.

Appears in 2 contracts

Samples: Registration Rights Agreement (Transwitch Corp /De), Registration Rights Agreement (Transwitch Corp /De)

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Transferability of Registration Rights. The rights under this -------------------------------------- Agreement are not transferable by holders of Registrable Securities except (a) a transfer by will or intestacy, (b) estate planning transfers consisting of gifts to the spouse or issue of the transferee and transfers to trusts for the benefit of the spouse or issue of the transferee, (c) a transfer to the constituent partners of a Stockholder Shareholder that is a partnership as part of a pro rata distribution of the shares of Company TranSwitch Common Stock held by such partnership so long as all such transferees appoint a single representative as their attorney- attorney-in-fact for the purpose of receiving any notices and exercising their rights under this Agreement, or (d) with the written consent of the CompanyTranSwitch.

Appears in 1 contract

Samples: Registration Rights Agreement (Transwitch Corp /De)

Transferability of Registration Rights. The rights under this -------------------------------------- Agreement are not transferable by holders of Registrable Securities except (a) a transfer by will or intestacy, (b) estate planning transfers consisting of gifts to the spouse or issue of the transferee and transfers to trusts for the benefit of the spouse or issue of the transferee, (c) a transfer to the constituent partners of a Stockholder Shareholder that is a partnership as part of a pro rata distribution of the shares of the Company Common Stock held by such partnership so long as all such transferees appoint a single representative as their attorney- attorney-in-fact for the purpose of receiving any notices and exercising their rights under this Agreement, or (d) with the written consent of the Company.

Appears in 1 contract

Samples: Registration Rights Agreement (Transwitch Corp /De)

Transferability of Registration Rights. The rights under this -------------------------------------- Agreement are not transferable by holders of Registrable Securities except (a) a transfer by will or intestacy, (b) estate planning transfers consisting of gifts to the spouse or issue of the transferee and transfers to trusts for the benefit of the spouse or issue of the transferee, (c) a transfer to the constituent partners of a Stockholder Shareholder that is a partnership as part of a pro rata distribution of the shares of Company Common Stock held by such partnership so long as all such transferees appoint a single representative as their attorney- attorney-in-fact for the purpose of receiving any notices and exercising their rights under this Agreement, or (d) with the written consent of the Company.

Appears in 1 contract

Samples: Registration Rights Agreement (Transwitch Corp /De)

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Transferability of Registration Rights. The rights under this -------------------------------------- Agreement are not transferable by holders of Registrable Securities except (a) a transfer by will or intestacy, (b) estate planning transfers consisting of gifts to the spouse or issue of the transferee and transfers to trusts for the benefit of the spouse or issue of the transferee, (c) a transfer to the constituent partners of a Stockholder that is a partnership as part of a pro rata distribution of the shares of Company Parent Common Stock held by such partnership so long as all such transferees appoint a single representative as their attorney- attorney-in-fact for the purpose of receiving any notices and exercising their rights under this Agreement, (d) a transfer by Atrium Investors, LLC or Telecom Investors LLC to their respective members, or (de) with the written consent of the CompanyParent.

Appears in 1 contract

Samples: Registration Rights Agreement (Avt Corp)

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