Common use of Transferee Obligations Clause in Contracts

Transferee Obligations. Each person (other than the Company) to whom the Shares are transferred must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Company that such person is bound by the provisions of this Agreement and that the transferred shares are subject to the market stand-off provisions of paragraph 3.2 to the same extent such shares would be so subject if retained by Purchaser.

Appears in 4 contracts

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

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Transferee Obligations. Each person (other than the CompanyCompany or the beneficial holders as they are located) to whom the Shares are transferred by means of a Permitted Transfer must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Company that such person is bound by the provisions of this Agreement and that the transferred shares are subject to the market stand-off provisions of paragraph 3.2 First Refusal Right, to the same extent such shares would be so subject if retained by Purchasertrust.

Appears in 2 contracts

Samples: Right of First Refusal Agreement (Cap Rock Energy Corp), Right of First Refusal Agreement (Cap Rock Energy Corp)

Transferee Obligations. Each person (other than the Company) to whom the Shares are transferred by means of one of the permitted transfers specified in Section 4.1 must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Company that such person is bound by the provisions of this Agreement and that the transferred shares are subject to the market stand-off provisions of paragraph 3.2 Agreement, to the same extent such shares the Shares would be so subject if retained by PurchaserEmployee.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Avanade Inc.), Early Exercise Notice and Stock Purchase Agreement (Avanade Inc.)

Transferee Obligations. Each person (other than the Company) to whom the Shares are transferred by means of one of the permitted transfers specified in paragraph 3.2 must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Company that such person is bound by the provisions of this Agreement and that the transferred shares are subject to (i) both the Company’s Repurchase Rights and the Company’s First Refusal Right granted hereunder and (ii) the market stand-off provisions of paragraph 3.2 3.4, to the same extent such shares Shares would be so subject if retained by the Purchaser.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Danger Inc), Restricted Stock Agreement (Danger Inc)

Transferee Obligations. Each person (other than the CompanyCorporation) to whom the Shares are transferred by means of a Permitted Transfer must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Company Corporation that such person is bound by the provisions of this Agreement and that the transferred shares are subject to the market stand-off provisions of paragraph 3.2 Forfeiture Restrictions to the same extent such shares Shares would be so subject if retained by PurchaserExecutive.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Quadramed Corp), Restricted Stock Agreement (Quadramed Corp)

Transferee Obligations. Each person (other than the CompanyCorporation) to whom the Purchased Shares are transferred by means of a Permitted Transfer must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Company Corporation that such person is bound by the provisions of this Agreement and that the transferred shares are subject to (i) the market standRepurchase Right and (ii) the Market Stand-off provisions of paragraph 3.2 Off, to the same extent such shares would be so subject if retained by PurchaserOptionee.

Appears in 2 contracts

Samples: Stock Option Agreement (CTC Media, Inc.), Stock Option Agreement (CTC Media, Inc.)

Transferee Obligations. Each person (other than the CompanyCorporation) to whom the Shares are transferred by means of a Permitted Transfer must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Company Corporation that such person is bound by the provisions of this Agreement and that the transferred shares are subject to cancellation by the market stand-off provisions Corporation in accordance with the terms of paragraph 3.2 the Plan and this Agreement, to the same extent such shares would be so subject if retained by PurchaserParticipant.

Appears in 1 contract

Samples: Automatic Direct Stock Issuance Agreement (Sunstone Hotel Investors Inc)

Transferee Obligations. Each person (other than the CompanyCorporation) to whom the Purchased Shares are transferred by means of one of the permitted transfers specified in paragraph 3.1 must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Company Corporation that such person is bound by the provisions of this Agreement and that the transferred shares are subject to the market stand-off provisions of paragraph 3.2 to the same extent such shares would be so subject if retained by Purchaser.that

Appears in 1 contract

Samples: Stock Purchase Agreement (Collateral Therapeutics Inc)

Transferee Obligations. Each person (other than the CompanyCorporation) to whom the Purchased Shares are transferred by means of a Permitted Transfer must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Company Corporation Exhibit A that such person is bound by the provisions of this Agreement and that the transferred shares are subject to (i) the market standRepurchase Right and (ii) the Market Stand-off provisions of paragraph 3.2 Off, to the same extent such shares would be so subject if retained by PurchaserOptionee.

Appears in 1 contract

Samples: Stock Option Agreement (CTC Media, Inc.)

Transferee Obligations. Each person (other than the Company) to whom the Shares are transferred must, by means of one of the permitted transfers specified in Section 3(a) must as a condition precedent to the validity of such transfer, transfer acknowledge in writing to the Company that such person is bound by the provisions each and every provision of this Agreement and that the transferred shares are subject to the Company's repurchase right created hereunder and the market stand-off provisions of paragraph 3.2 obligations set forth in Section 9(i) hereof, to the same extent such shares would be so subject if retained by Purchaser.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Ontro Inc)

Transferee Obligations. Each person (other than the Company) to ---------------------- whom the Shares are transferred by means of one of the permitted transfers specified in this Agreement must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Company that such person is bound by the provisions of this Exercise Agreement and that the transferred shares are subject to (i) the Company's Right of First Refusal granted hereunder and (ii) the market stand-off provisions of paragraph 3.2 Section 7, to the same extent such shares would be so subject if retained by the Purchaser.

Appears in 1 contract

Samples: Employment Agreement (Centaur Pharmaceuticals Inc)

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Transferee Obligations. Each person (other than the Company) to whom the Shares are transferred by means of one of the permitted transfers specified in Section 9.6 must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Company that such person is bound by the provisions of this Agreement and that the transferred shares are subject to to: (i) the Company's Right of First Refusal granted hereunder and (ii) the market stand-off provisions of paragraph 3.2 Section 7, to the same extent such shares would be so subject if retained by the Purchaser.

Appears in 1 contract

Samples: Stock Option Agreement (Informix Corp)

Transferee Obligations. Each person (other than the Company) to whom the Shares are transferred by means of one of the permitted transfers specified in Section 3.1 hereof must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Company that such person is bound by the provisions of this Agreement and that the transferred shares are subject to the market stand-off provisions of paragraph 3.2 hereunder to the same extent such shares would be so subject if retained by Purchaser.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Agate Technologies Inc De)

Transferee Obligations. Each person (other than the Company) to whom the Shares are transferred by means of one of the permitted transfers specified in this Agreement must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Company that such person is bound by the provisions of this Exercise Agreement and that the transferred shares are subject to (i) the Company's Right of First Refusal granted hereunder and (ii) the market stand-off provisions of paragraph 3.2 Section 7, to the same extent such shares would be so subject if retained by the Purchaser.

Appears in 1 contract

Samples: Stock Option Exercise Agreement (C Cube Microsystems Inc)

Transferee Obligations. Each person (other than the CompanyCorporation) to whom the Purchased Shares are transferred by means of a Permitted Transfer must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Company Corporation that such person is bound by the provisions of this Agreement and that the transferred shares are subject to (i) the market stand-off provisions of paragraph 3.2 to the same extent such shares would be so subject if retained by Purchaser.Repuxxxxxx

Appears in 1 contract

Samples: Stock Purchase Agreement (Cisco Systems Inc)

Transferee Obligations. Each person (other than the CompanyCorporation) to whom the Purchased Shares are transferred by means of a Permitted Transfer must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Company Corporation that such person is bound by the provisions of this Agreement and that the transferred shares are Exhibit A subject to (i) the market standRepurchase Right and (ii) the Market Stand-off provisions of paragraph 3.2 Off, to the same extent such shares would be so subject if retained by PurchaserOptionee.

Appears in 1 contract

Samples: Stock Option Agreement (CTC Media, Inc.)

Transferee Obligations. Each person (other than the Company) to whom the Purchased Shares are transferred by means of a Permitted Transfer must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Company Corporation that such person is bound by the provisions of this Agreement and that the transferred shares are will remain subject to the market stand-off mandatory resale provisions of paragraph 3.2 Article C, to the same extent such shares would be so subject if retained by PurchaserOptionee.

Appears in 1 contract

Samples: Stock Purchase Agreement (Endosonics Corp)

Transferee Obligations. Each person (other than the CompanyCorporation) to whom the Purchased Shares are transferred by means of a Permitted Transfer must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Company Corporation that such person is bound by the provisions of this Agreement and that the transferred shares are subject to the market stand-off provisions of paragraph 3.2 Forfeiture Restriction to the same extent such shares would be so subject if retained by PurchaserParticipant.

Appears in 1 contract

Samples: Stock Issuance Agreement (Ligand Pharmaceuticals Inc)

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