Common use of Transferee Obligations Clause in Contracts

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 (i) the Company's Repurchase Right granted hereunder and (ii) the market stand-off provisions of Section 4.4, to the same extent such shares would be so subject if retained by Shareholder.

Appears in 2 contracts

Samples: Repurchase Agreement (Clearcommerce Corp), Repurchase Agreement (Clearcommerce Corp)

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Transferee Obligations. Each person (other than the Companyincluding a trust) to whom ---------------------- the Restricted Shares are transferred by means of one of the permitted transfers specified in Section 4.1 3(a) 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) forfeiture during the Company's Repurchase Right granted hereunder and (ii) the market stand-off provisions of Restricted Period set forth in Section 4.44, to the same extent such shares would be so subject if retained by Shareholderthe Stockholder.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Uici), Restricted Stock Agreement (Uici)

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 3.1 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 (i) the Company's Repurchase Right granted hereunder and (ii) the market stand-off provisions of Section 4.4Agreement, to the same extent such shares the Shares would be so subject if retained by ShareholderPurchaser.

Appears in 1 contract

Samples: Exercise Notice and Stock Purchase Agreement (Bazaarvoice 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 Section 4.1 paragraph 3.1 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 (i) the Company's Repurchase ’s First Refusal Right and Special Purchase Right granted hereunder and (ii) the market stand-off provisions of Section 4.4paragraph 3.4, to the same extent such shares Shares would be so subject if retained by Shareholderthe Purchaser.

Appears in 1 contract

Samples: Restricted Common Stock Purchase Agreement (Cadence 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 4.1 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 the Plan and that the transferred shares Shares are subject to (i) the Company's Repurchase Right granted hereunder and (ii) the market stand-off provisions of Section 4.413 hereof and (ii) the Drag-Along Rights set forth in Section 3 of the Shareholders’ Agreement, to the same extent such shares Shares would be so subject if retained by Shareholderthe Grantee.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Greenlight Capital Re, Ltd.)

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 3.1 must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Company that such person is and the Shares transferred to such person are bound by the provisions of this Agreement and that the transferred shares are subject to (i) the Company's Repurchase Right granted hereunder and (ii) the market stand-off provisions of Section 4.4Agreement, to the same extent such shares the Shares would be so subject if retained by ShareholderPurchaser.

Appears in 1 contract

Samples: Stock Purchase Agreement (Nuance Communications, Inc.)

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