Common use of Transferee Obligations Clause in Contracts

Transferee Obligations. If the Shares acquired upon exercise of this Option are transferred to a Permitted Transferee, such Permitted Transferee 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 to the same extent such Shares would be so subject if retained by the Participant.

Transferee Obligations. If Each person (other than the Company) to whom the Shares acquired upon exercise of this Option are transferred to by means of a Permitted Transferee, such Permitted Transferee 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 forfeiture provisions to the same extent such Shares shares would be so subject if retained by the Participant.

Transferee Obligations. If Each person to whom the Issued Shares acquired upon exercise of this Option are transferred to by means of a Permitted Transferee, such Permitted Transferee Transfer must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Company Employer that such person is bound by the provisions of this Agreement and that the transferred shares are subject to the Cancellation Right, to the same extent such Shares shares would be so subject if retained by the ParticipantEmployee.

Transferee Obligations. If the Granted Shares acquired upon exercise of this Option are transferred to a Permitted Transferee, such Permitted Transferee 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 to the same extent such Shares would be so subject if retained by the Participant.