Common use of Transferee Obligations Clause in Contracts

Transferee Obligations. Each person (other than the Company) to whom the Restricted Shares are transferred by means of a Permitted Transfer or transfer in a private sale made pursuant to an exemption from registration requirements 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 First Refusal Right, the Market Stand-Off, the Drag-Along Right and the Lock-Up Agreement, to the same extent such shares would be so subject if retained by the Recipient.

Transferee Obligations. Each person (person, other than the Company) , to whom the Restricted Purchased Shares are transferred by means of a Permitted Transfer or transfer in a private sale made pursuant to an exemption from registration requirements 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) the Repurchase Right, (ii) the First Refusal Right, Right and (iii) the Market Stand-Off, the Drag-Along Right and the Lock-Up Agreement, to the same extent such shares would be so subject if retained by the RecipientOptionee.

Transferee Obligations. Each person (other than the Company) to whom the Restricted Shares are transferred by means of a Permitted Transfer or transfer one of the permitted transfers specified in a private sale made pursuant to an exemption from registration requirements 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 Agreement and that the transferred shares Shares are subject to (i) both the Company’s Repurchase Option and the Company’s Right of First Refusal Right, granted hereunder and (ii) the Market Standmarket stand-Off, the Drag-Along Right and the Lock-Up Agreementoff provisions of Section 9 below, to the same extent such shares Shares would be so subject if retained by the RecipientOptionee.

Transferee Obligations. Each person (other than the Company) to whom the Restricted Shares are transferred by means of a Permitted Transfer or transfer one of the permitted transfers specified in a private sale made pursuant to an exemption from registration requirements 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 Agreement and that the transferred shares Shares are subject to (i) the Company’s Right of First Refusal Right, granted hereunder and (ii) the Market Standmarket stand-Off, the Drag-Along Right and the Lock-Up Agreementoff provisions of Section 8 below, to the same extent such shares Shares would be so subject if retained by the RecipientOptionee.

Transferee Obligations. Each person (other than the Company) to whom the Restricted Purchased Shares are transferred by means of a Permitted Transfer or transfer in a private sale made pursuant to an exemption from registration requirements 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) the Repurchase Right (if applicable), (ii) the First Refusal Right, (iii) the Market Stand-Off, Off and (iv) the Drag-Along Right and the Lock-Up Agreementtransfer restrictions set forth in Section 7, to the same extent such shares would be so subject if retained by the RecipientOptionee.

Transferee Obligations. Each person (other than the CompanyCorporation) to whom the Restricted Issued Shares are transferred by means of a Permitted Transfer or transfer in a private sale made pursuant to an exemption from registration requirements 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 Forfeiture Restriction, (ii) the First Refusal Right, (iii) the Market Stand-Off, Off and (iv) the Drag-Along Right and the Lock-Up AgreementRepurchase Right, to the same extent such shares would be so subject if retained by the RecipientParticipant.

Transferee Obligations. Each person (other than the Company) to whom the Restricted Purchased Shares are transferred by means of a Permitted Transfer or transfer in a private sale made pursuant to an exemption from registration requirements expressly permitted under 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 Agreement and that the transferred shares are subject to (i) the Call Right, (ii) the First Refusal Right, the Market Stand-Off, the Drag-Along Right and (iii) the Lock-Up AgreementUp, to the same extent such shares would be so subject if retained by the RecipientOptionee.

Transferee Obligations. Each person (other than the CompanyCorporation) to whom the Restricted Shares are transferred by means of a Permitted Transfer or transfer in a private sale made pursuant to an exemption from registration requirements 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 First Refusal Right, Right and (ii) the Market Stand-Off, the Drag-Along Right and the Lock-Up Agreement, to the same extent such shares would be so subject if retained by the RecipientParticipant.