Common use of TRANSFERS WITH THE CONSENT OF BOARD OF DIRECTORS Clause in Contracts

TRANSFERS WITH THE CONSENT OF BOARD OF DIRECTORS. Notwithstanding any other provisions of this Agreement, a Stockholder may Transfer any number of Covered Securities at any time with the prior written consent of the Board of Directors, which consent may be withheld or delayed, or granted on such terms and conditions as the Board of Directors may determine, in its sole discretion.

Appears in 3 contracts

Samples: Stockholders' Agreement (Labranche George M L Iv), Stockholders' Agreement (Labranche & Co Inc), Stockholders' Agreement (Labranche & Co Inc)

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TRANSFERS WITH THE CONSENT OF BOARD OF DIRECTORS. Notwithstanding any other provisions of this Agreement, a Management Stockholder may Transfer any number of Covered Securities Management Shares at any time with the prior written consent of the Board of Directors, which consent may be withheld or delayed, or granted on such terms and conditions as the Board of Directors it may determine, in its sole discretion.

Appears in 1 contract

Samples: Stockholders Agreement (Neuberger Berman Inc)

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