Common use of Transfers by Stockholders Clause in Contracts

Transfers by Stockholders. (a) The Stockholder(s) proposing to make a Transfer (collectively, the “Transferring Stockholder”) shall first deliver a written notice (the “Transfer Notice”) to the Notice Stockholders stating (i) the Transferring Stockholder’s desire to Transfer Common Shares to a third party; (ii) the number of Common Shares subject to the proposed Transfer; (iii) the price and the other general terms of the proposed Transfer; and (iv) the identity of the third party transferee (the “Named Third Party”). Thereafter, the Tag-Along Stockholders may elect to participate in the Transfer subject to the participation rights set forth in this Section 4.

Appears in 6 contracts

Samples: Stockholders Agreement (Walker & Dunlop, Inc.), Contribution Agreement (Walker & Dunlop, Inc.), Stockholders Agreement (Walker & Dunlop, Inc.)

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