Common use of Xxxxxx’x Right to Transfer Clause in Contracts

Xxxxxx’x Right to Transfer. If all of the Common Stock proposed in the Notice to be transferred to a given Proposed Transferee are not purchased by the Company and/or its assignee(s) as provided in this Section 17, then the Holder may sell or otherwise transfer such Common Stock to that Proposed Transferee at the Offered Price or at a higher price, provided that such sale or other transfer is consummated within ninety (90) days after the date of the Transfer Notice, that any such sale or other transfer is effected in accordance with any Applicable Laws and that the Proposed Transferee agrees in writing that the provisions of this Section 17 shall continue to apply to the Common Stock in the hands of such Proposed Transferee. If the Common Stock described in the Transfer Notice are not transferred to the Proposed Transferee within such period, a new Transfer Notice shall be given to the Company, and the Company and/or its assignees shall again be offered the Right of First Refusal before any Common Stock held by the Holder may be sold or otherwise transferred.

Appears in 6 contracts

Samples: Stock Appreciation Rights Agreement (Uncommon Giving Corp), Stock Appreciation Rights Agreement (Uncommon Giving Corp), Stock Appreciation Rights Agreement (Uncommon Giving Corp)

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Xxxxxx’x Right to Transfer. If all of the Common Stock Shares proposed in the Notice to be transferred to a given Proposed Transferee are not purchased by the Company and/or its assignee(s) as provided in this Section 17Section, then the Holder may sell or otherwise transfer such Common Stock Shares to that Proposed Transferee at the Offered Price or at a higher price, provided that such sale or other transfer is consummated within ninety (90) 120 days after the date of the Transfer Notice, that any such sale or other transfer is effected in accordance with any Applicable Laws applicable securities laws and that the Proposed Transferee agrees in writing that the provisions of this Section 17 shall continue to apply to the Common Stock Shares in the hands of such Proposed Transferee. If the Common Stock Shares described in the Transfer Notice are not transferred to the Proposed Transferee within such period, a new Transfer Notice shall be given to the Company, and the Company and/or its assignees shall again be offered the Right of First Refusal before any Common Stock Shares held by the Holder may be sold or otherwise transferred.

Appears in 4 contracts

Samples: Stock Option Agreement (Heliogen, Inc.), Security Agreement (Idealab), Security Agreement (Idealab)

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Xxxxxx’x Right to Transfer. If all of the Common Stock Shares proposed in the Notice to be transferred to a given Proposed Transferee are not purchased by the Company and/or its assignee(s) as provided in this Section 175, then the Holder may sell or otherwise transfer such Common Stock Shares to that Proposed Transferee at the Offered Price or at a higher price, provided that such sale or other transfer is consummated within ninety one hundred and twenty (90120) days after the date of the Transfer Notice, that any such sale or other transfer is effected in accordance with any Applicable Laws applicable securities laws and that the Proposed Transferee agrees in writing that the provisions of this Section 17 5 shall continue to apply to the Common Stock Shares in the hands of such Proposed Transferee. If the Common Stock Shares described in the Transfer Notice are not transferred to the Proposed Transferee within such period, a new Transfer Notice shall be given to the Company, and the Company and/or its assignees shall again be offered the Right of First Refusal before any Common Stock Shares held by the Holder may be sold or otherwise transferred.

Appears in 4 contracts

Samples: Stock Option Agreement (Stem, Inc.), Restricted Stock Purchase Agreement, Stock Plan (Apptio Inc)

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