Common use of Transferred Shares Clause in Contracts

Transferred Shares. Notwithstanding anything in this Agreement to the contrary, any Common Shares Transferred for consideration at a time and in a manner not prohibited by this Agreement will be Transferred free and clear of any proxy granted pursuant to this Article II (and any such proxy will be of no further force and effect), excluding, for the avoidance of doubt, any Transfer at any time of the type described in Section 1.3 (so long as it will be a condition to any such Transfer that the transferee or donee agrees to be bound by the terms of this Agreement to the same extent as if such person were a party hereto).

Appears in 4 contracts

Samples: Investor Rights Agreement (Vintage Wine Estates, Inc.), Investor Rights Agreement (Bespoke Capital Acquisition Corp), Investor Rights Agreement (Bespoke Capital Acquisition Corp)

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