Common use of Uranus Share Transfer Clause in Contracts

Uranus Share Transfer. Each party hereto acknowledges and agrees that, Skillgreat Limited wishes to Transfer to Uranus, and Uranus wishes to accept such Transfer from Skillgreat Limited (the “Uranus Transfer”), 2,032,689 Company Shares registered in the name of Skillgreat Limited as record holder as of the date hereof, within forty-five (45) days after the date hereof. Each party hereto further acknowledges and confirms that, upon and only upon the completion of the Uranus Transfer, automatically and without any further action on the party of any party hereto, (i) the signature page of Uranus attached hereto shall be released, (ii) Uranus shall become a party of and a “Rollover Securityholder” under this Agreement and be bound by and subject to any and all of the terms and conditions hereof, and (iii) Schedule A attached hereto shall be replaced and substituted in its entity by Schedule B attached hereto.