Common use of Waiver; Disposition of Stock Clause in Contracts

Waiver; Disposition of Stock. From time to time the Company or the Investor may waive their respective rights hereunder either generally or with respect to one or more specific transfers which have been proposed, attempted or made. All action to be taken by the Company hereunder shall be taken by vote of a majority of its disinterested members of the Company's Board of Directors then in office. Any Restricted Shares which the Company has elected to purchase hereunder may be disposed of by the Company's Board of Directors in such manner as it deems appropriate, with or without further restrictions upon the transfer thereof.

Waiver; Disposition of Stock. From time to time the Company or the Investor may waive their respective its rights hereunder either generally or with respect to one or more specific transfers which have been proposed, attempted or made. All action to be taken by the Company hereunder shall be taken by vote of a majority of its disinterested members of the Company's Board of Directors then in office. Any Restricted Shares which the Company has elected to purchase hereunder may be disposed of by the Company's Board of Directors in such manner as it deems appropriate, with or without further restrictions upon the transfer thereof.

Waiver; Disposition of Stock. From time to time the Company or the Investor may waive their respective its rights hereunder either generally or with respect to one or more specific transfers which have been proposed, attempted or made. All action to be taken by the Company hereunder shall be taken by vote of a majority of its disinterested members of the Company's Board of Directors then in office, excluding the Participant. Any Restricted Shares which that the Company has elected to purchase hereunder may be disposed of by the Company's Board of Directors (without the vote of the Participant), in such manner as it deems appropriate, with or without further restrictions upon the transfer thereof.

Waiver; Disposition of Stock. From time to time the Company or the Investor may waive their respective its rights hereunder either generally or with respect to one or more specific transfers which Transfers that may have been proposed, attempted or made. All action to be taken by the Company hereunder shall be taken by vote of a majority of its disinterested members of the Company's Board of Directors then in office. Any Restricted Shares which the Company has elected to purchase hereunder may be disposed of by the Company's Board of Directors in such manner as it deems appropriate, with or without further restrictions upon the transfer thereof.