Common use of Transferability of Registration Rights Clause in Contracts

Transferability of Registration Rights. The registration rights set forth in this Agreement are transferable to each transferee of Registrable Securities who receives at least 100,000 shares of Registrable Securities (as currently constituted and subject to subsequent adjustments for stock splits, stock dividends, reverse stock splits and the like), subject to compliance with any transfer restrictions contained in any agreement with the Company. Each subsequent holder of Registrable Securities must consent in writing to be bound by the terms and conditions of this Agreement in order to acquire the rights granted pursuant to this Agreement.

Appears in 1 contract

Samples: Registration Rights Agreement (Cannondale Corp /)

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Transferability of Registration Rights. The registration rights set forth in this Agreement are transferable to each any transferee of Registrable Securities who receives an aggregate of at least 100,000 shares of Registrable Securities (as currently constituted and subject to subsequent adjustments for stock splits, stock dividends, reverse stock splits and the like), subject to compliance with any transfer restrictions contained in any agreement with the CompanySecurities. Each subsequent holder of Registrable Securities must consent in writing to be bound by the terms and conditions of this Agreement in order to acquire the rights granted pursuant to this Agreement.

Appears in 1 contract

Samples: Registration Rights Agreement (Virtusa Corp)

Transferability of Registration Rights. The registration rights set forth in this Agreement are transferable to each transferee of Registrable Securities Stock who receives at least 100,000 shares 10% of the aggregate Registrable Securities (as currently constituted Stock owned by Holder on the date hereof; provided, that such transferee's activities, products and subject to subsequent adjustments for stock splits, stock dividends, reverse stock splits and the like), subject to compliance with any transfer restrictions contained services are not competitive in any agreement material respect with activities, products or services of the CompanyCompany as reasonably determined by the Board of Directors. Each subsequent holder Holder of Registrable Securities Stock must consent in writing to be bound by the terms and conditions of this Agreement in order to acquire the rights granted pursuant to this Agreement.

Appears in 1 contract

Samples: Sinclair Broadcast Group Inc

Transferability of Registration Rights. The registration rights set forth in this Agreement are transferable to each transferee of Registrable Securities who receives at least 100,000 [10,000] shares of Registrable Securities (Securities, subject, in the case of the Original Investors, to the terms of the Third Amended and Restated Stockholders Agreement, dated as currently constituted of the date hereof, by and subject to subsequent adjustments for stock splitsbetween the Company, stock dividends, reverse stock splits the Original Investors and the like), subject to compliance with any transfer restrictions contained in any agreement with the CompanySeries B Investors. Each subsequent holder of Registrable Securities must consent in writing to be bound by the terms and conditions of this Agreement in order to acquire the rights granted pursuant to this Agreement.

Appears in 1 contract

Samples: Registration Rights Agreement (Andover Net Inc)

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Transferability of Registration Rights. The registration rights set forth in this Agreement are transferable and assignable to each any transferee of Registrable Securities who receives at least 100,000 shares of Registrable Securities (as currently constituted and subject to subsequent adjustments for stock splits, stock dividends, reverse stock splits and the like), subject to compliance with any transfer restrictions contained in any agreement with the CompanySecurities. Each subsequent holder of Registrable Securities must consent in writing to be bound by the terms and conditions of this Agreement in order to acquire the rights granted pursuant to this Agreement; provided that, for the avoidance of doubt, each transferee of a Founder will acquire the rights of a Founder and be treated as a "Founder" hereunder, and each transferee of an Investor will acquire the rights of an Investor and be treated as an "Investor" hereunder.

Appears in 1 contract

Samples: Registration Rights Agreement (Clayton Holdings Inc)

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