Common use of Transferee Obligations Clause in Contracts

Transferee Obligations. Each person (other than the Company) to whom the Restricted Stock Units are transferred, as a condition precedent to the validity of such transfer, shall acknowledge in writing to the Company that such person is bound by the provisions of this Agreement to the same extent such Restricted Stock Units would be so subject if retained by the Participant.

Appears in 8 contracts

Samples: Restricted Stock Unit Agreement (Bioject Medical Technologies Inc), Restricted Stock Unit Grant Agreement and Notice of Grant (Bioject Medical Technologies Inc), Bioject Restricted Stock Unit Grant Agreement (Bioject Medical Technologies Inc)

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Transferee Obligations. Each person (other than the CompanyCorporation) to whom the Restricted Stock Units Shares are transferredtransferred by means of a Permitted Transfer must, as a condition precedent to the validity of such transfer, shall acknowledge in writing to the Company Corporation that such person is bound by the provisions of this Agreement to the same extent such Restricted Stock Units would be so subject if retained by the ParticipantAgreement.

Appears in 1 contract

Samples: Stock Forfeiture Agreement (Integrated Alarm Services Group Inc)

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Transferee Obligations. Each person (other than the Company) to whom the Restricted Stock Units are transferredis transferred by means of one of the permitted transfers specified in Section 2.1 must, as a condition precedent to the validity of such transfer, shall 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 terms of this Agreement to the same extent such Restricted Stock Units would be so subject if retained by the ParticipantOwner.

Appears in 1 contract

Samples: Investors’ Rights Agreement (Kranem Corp)

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