Common use of Transferee Obligations Clause in Contracts

Transferee Obligations. Each person (other than the Corporation) to whom the Purchased Shares are transferred by means of one of the permitted transfers specified in paragraph 4.1 must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Corporation that such person is bound by the provisions of this Agreement and that the transferred shares are subject to (i) both the Corporation's Repurchase Right and the Corporation's First Refusal Right granted hereunder and (ii) the market stand-off provisions of paragraph 4.4, to the same extent such shares would be so subject if retained by the Optionee.

Appears in 13 contracts

Samples: Stock Option Agreement (Digirad Corp), Employment Agreement (Combichem Inc), Stock Purchase Agreement Agreement (Rhythms Net Connections Inc)

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Transferee Obligations. Each person (other than the Corporation) to whom the Purchased Shares are transferred by means of one of the permitted transfers specified in paragraph 4.1 must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Corporation that such person is bound by the provisions of this Agreement and that the transferred shares are subject to (i) both the Corporation's Repurchase Right and the Corporation's First Refusal Right granted hereunder and (ii) the market stand-off provisions of paragraph 4.4, to the same extent such shares Shares would be so subject if retained by the OptioneeIndividual.

Appears in 5 contracts

Samples: Restricted Stock Issuance Agreement (Lifen Inc), Restricted Stock Issuance Agreement (Lifen Inc), Restricted Stock Issuance Agreement (Lifen Inc)

Transferee Obligations. Each person (other than the Corporation) to whom the Purchased Shares are transferred by means of one of the permitted transfers specified in paragraph 4.1 must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Corporation that such person is bound by the provisions of this Agreement and that the transferred shares are subject to (i) both the Corporation's Repurchase Right and the Corporation's First Refusal Right granted hereunder and (ii) the market stand-off provisions of paragraph 4.4, to the same extent such shares Shares would be so subject if retained by the OptioneeParticipant.

Appears in 5 contracts

Samples: 1 (Discovery Partners International Inc), Restricted Stock Issuance Agreement (Combichem Inc), Restricted Stock Issuance Agreement (Rubios Restaurants Inc)

Transferee Obligations. Each person (other than the Corporation) to whom the Purchased Shares are transferred by means of one of the permitted transfers specified in paragraph 4.1 must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Corporation that such person is bound by the provisions of this Agreement and that the transferred shares are subject to (i) both the Corporation's Repurchase Right and the Corporation's First Refusal Right granted hereunder and (ii) the market stand-off provisions of paragraph 4.4, to the same extent such shares Shares would be so subject if retained by the OptioneePurchaser.

Appears in 2 contracts

Samples: Stock Pledge Agreement (Nanogen Inc), Collateral Therapeutics Inc

Transferee Obligations. Each person (other than the CorporationCompany) ---------------------- to whom the Purchased Shares are transferred by means of one of the permitted transfers specified in paragraph Section 4.1 above, must, as a condition precedent to the validity of such transfer, ----------- acknowledge in writing to the Corporation Company that such person is bound by the provisions of this Agreement and that the transferred shares are subject to (i) both the CorporationCompany's Repurchase Right and the CorporationCompany's First Refusal Right granted hereunder and (ii) the market stand-off provisions of paragraph 4.4Section 3.3 above, ----------- to the same extent such shares would be so subject if retained by the OptioneePurchaser.

Appears in 2 contracts

Samples: Restricted Stock Purchase Agreement (Xcel Pharmaceuticals Inc), Restricted Stock Purchase Agreement (Xcel Pharmaceuticals Inc)

Transferee Obligations. Each person (other than the CorporationCompany) to whom the Purchased Shares are transferred by means of one of the permitted transfers specified in paragraph 4.1 this Agreement must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Corporation Company that such person is bound by the provisions of this Exercise Agreement and that the transferred shares are subject to to: (i) both the CorporationCompany's Repurchase Right and the Corporation's of First Refusal Right and HNC's General Repurchase Option granted hereunder and (ii) the market stand-off provisions of paragraph 4.4Section 7, to the same extent such shares would be so subject if retained by the OptioneePurchaser.

Appears in 1 contract

Samples: Stock Option Agreement (HNC Software Inc/De)

Transferee Obligations. Each person (other than the CorporationCompany) to whom the Purchased Shares are transferred by means of one of the permitted transfers specified in paragraph 4.1 Section 9.6 must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Corporation Company that such person is bound by the provisions of this Agreement and that the transferred shares are subject to to: (i) both the CorporationCompany's Repurchase Right and the Corporation's of First Refusal Right granted hereunder and (ii) the market stand-off provisions of paragraph 4.4Section 7, to the same extent such shares would be so subject if retained by the OptioneePurchaser.

Appears in 1 contract

Samples: Stock Option Agreement (Informix Corp)

Transferee Obligations. Each person (other than the CorporationCompany) to whom the Purchased Shares are transferred by means of one of the permitted transfers specified in paragraph Section 4.1 must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Corporation Company that such person is bound by the provisions of this Agreement and that the transferred shares are subject to (ia) both the CorporationCompany's Repurchase Right and the CorporationCompany's First Refusal Right granted hereunder and hereunder, (iib) the market stand-off provisions of paragraph 4.4Section 3.3, and (c) the transfer restrictions of Articles 2 and 4, to the same extent such shares would be so subject if retained by the OptioneePurchaser.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Intervu Inc)

Transferee Obligations. Each person (other than the ---------------------- Corporation) to whom the Purchased Shares are transferred by means of one of the permitted transfers specified in paragraph 4.1 must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Corporation that such person is bound by the provisions of this Agreement and that the transferred shares are subject to (i) both the Corporation's Repurchase Right and the Corporation's First Refusal Right granted hereunder and (ii) the market stand-off provisions of paragraph 4.4, to the same extent such shares would be so subject if retained by the Optionee.

Appears in 1 contract

Samples: Stock Purchase Agreement (Corsair Communications Inc)

Transferee Obligations. Each person (other than the Corporation) to whom the Purchased Shares are transferred by means of one of the permitted transfers specified in paragraph 4.1 a Permitted Transfer must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Corporation that such person is bound by the provisions of this Agreement and that the transferred shares are subject to to: (i) both the Corporation's Repurchase Right and granted under Section 4 hereof; (ii) the Corporation's First Refusal Right granted hereunder under Section 6 hereof; and (iiiii) the market stand-off provisions of paragraph 4.4Section 3(c) hereof, to the same extent such shares would be so subject if retained by the Optionee.

Appears in 1 contract

Samples: Option Exercise and Stock Issuance Agreement (Electronic Sensor Technology, Inc)

Transferee Obligations. Each person (other than the Corporation) ---------------------- to whom the Purchased Shares are transferred by means of one of the permitted transfers specified in paragraph 4.1 must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Corporation that such person is bound by the provisions of this Agreement and that the transferred shares are subject to (i) both the Corporation's Repurchase Right and the Corporation's First Refusal Right granted hereunder and (ii) the market stand-stand- off provisions of paragraph 4.4, to the same extent such shares would be so subject if retained by the Optionee.

Appears in 1 contract

Samples: Option Agreement (Corsair Communications Inc)

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Transferee Obligations. Each person (other than the Corporation) to whom the Purchased Shares are transferred by means of one of the permitted transfers specified in paragraph 4.1 must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Corporation that such person is bound by the provisions of this Agreement and that the transferred shares are subject to (i) both the Corporation's ’s Repurchase Right and the Corporation's ’s First Refusal Right granted hereunder and (ii) the market stand-stand- off provisions of paragraph 4.4, to the same extent such shares would be so subject if retained by the Optionee.

Appears in 1 contract

Samples: Repurchase Right (Tellabs Inc)

Transferee Obligations. Each person (other than the Corporation) to whom the Purchased Shares are transferred by means of one of the permitted transfers specified in paragraph 4.1 3.1 must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Corporation that such person is bound by the provisions of this Agreement and that the transferred shares are subject to (i) both the Corporation's Repurchase Right and the Corporation's First Refusal Right granted hereunder and (ii) the market stand-off provisions of paragraph 4.43.4, to the same extent such shares Shares would be so subject if retained by the OptioneePurchaser.

Appears in 1 contract

Samples: Agreement (Collateral Therapeutics Inc)

Transferee Obligations. Each person (other than the Corporation) to whom the Purchased Shares are transferred by means of one of the permitted transfers specified in paragraph 4.1 3.1 must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Corporation that such person is bound by the provisions of this Agreement and that the transferred shares are subject to (i) both the Corporation's Repurchase Right and the Corporation's First Refusal Right granted hereunder and (ii) the market stand-off provisions of paragraph 4.43.4, to the same extent such shares would be so subject if retained by the Optionee.

Appears in 1 contract

Samples: Stock Purchase Agreement (Actionpoint Inc)

Transferee Obligations. Each person (other than the CorporationCompany) to whom the Purchased Shares are transferred by means of one of the permitted transfers specified in paragraph 4.1 4.2 must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Corporation Company that such person is bound by the provisions of this Agreement and that the transferred shares are subject to (i) both the CorporationCompany's Repurchase Right and Right, the CorporationCompany's First Refusal Right and the Company's Special Purchase Right granted hereunder under this Agreement and (ii) the market stand-off provisions of paragraph 4.4______, to the same extent such shares Shares would be so subject if retained by the OptioneeOwner.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Synopsys Inc)

Transferee Obligations. Each person (other than the Corporation) to whom the Purchased Shares are transferred by means of one of the permitted transfers specified in paragraph 4.1 Section C.1 hereof must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Corporation that such person is bound by the provisions of this Agreement and that the transferred shares are subject to (ia) both the Corporation's Repurchase Right and the Corporation's First Refusal Right granted hereunder and (iib) the market stand-off standoff provisions of paragraph 4.4Section C.3 hereof, to the same extent such shares would be so subject if retained by the Optionee.

Appears in 1 contract

Samples: Stock Purchase Agreement (New Ico Global Communications Holdings LTD)

Transferee Obligations. Each person (other than the CorporationCompany) to whom the Purchased Shares are transferred by means of one of the permitted transfers specified in paragraph 4.1 this Agreement must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Corporation Company that such person is bound by the provisions of this Exercise Agreement and that the transferred shares Shares are subject to (i) both the CorporationCompany's Repurchase Right Option and the CorporationCompany's Right of First Refusal Right granted hereunder and (ii) the market stand-off standoff provisions of paragraph 4.4Section 7, to the same extent such shares Shares would be so subject if retained by the OptioneePurchaser.

Appears in 1 contract

Samples: Stock Option Agreement (Informix Corp)

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