General Transfer Restrictions definition

General Transfer Restrictions shall have the meaning ascribed to such term in Section 2.2 hereof.
View Source
General Transfer Restrictions shall have the meaning ascribed to such term in Section 2.1(a) hereof. (q) “▇▇▇▇▇▇▇ Sachs Compensation Plan” shall mean the Defined Contribution Plan, the Stock Incentive Plan or any other deferred compensation or employee benefit plan of GS Inc. adopted by the Board of Directors of GS Inc. and specified by the Shareholders’ Committee as a ▇▇▇▇▇▇▇ ▇▇▇▇▇ Compensation Plan (other than the Employees’ Profit Sharing Plan). (r) “GS Inc.” shall have the meaning ascribed to such term in the Recitals. (s) “Original Shareholders’ Agreement” shall mean the Shareholders’ Agreement adopted by the Board of Directors of GS Inc. on May 7, 1999, as amended or supplemented from time to time up to but excluding the Effective Date. (t) “Participation Date” is the date on which a Covered Person became a Participating Managing Director for purposes of Section 2.1(a) hereof or was appointed to a Designated Title for purposes of Section 2.1(b) hereof. In the event a Participating Managing Director ceases to be a Participating Managing Director, or a Designated Senior Officer ceases to be a Designated Senior Officer, and then such person again becomes a Participating Managing Director or Designated Senior Officer, as applicable, such person’s Participation Date shall be determined by the Shareholders’ Committee (or any person authorized thereby). (u) “Participating Managing Director” shall mean a Managing Director of the Company who at the time in question participates in the Partner Compensation Plan, the Restricted Partner Compensation Plan or any other compensation or benefit plan specified by the Shareholders’ Committee. (v) “Partner Compensation Plan” shall mean The ▇▇▇▇▇▇▇ Sachs Partner Compensation Plan adopted by the Board of Directors of GS Inc., and approved by the stockholders of GS Inc., on May 7, 1999, as amended or supplemented from time to time, and any successors to such Plan.
View Source

Examples of General Transfer Restrictions in a sentence

  • If the Stockholders' Agreement is terminated prior to the expiration or termination of the General Transfer Restrictions, the General Transfer Restrictions will continue to apply unless waived or terminated by action of the Board.

  • The General Transfer Restrictions as to an Exchanging Party will terminate upon the death of such Exchanging Party, although the underwriters' lock-up restrictions in the IPO will continue to apply.

  • The General Transfer Restrictions may be waived or terminated only by action of the Board of Directors of the Company (the "BOARD").

  • The Company will be entitled to monitor all activity in each Exchanging Party account and to enforce applicable transfer and hedging restrictions and any General Transfer Restrictions applicable to Exchanging Parties as in effect from time to time.

  • Each PLP will also be subject to the PLP Transfer Restrictions described above under "Section 7--Certain Transfer Restrictions on Shares." The General Transfer Restrictions (and the other provisions of the Shareholders' Agreement) may generally be waived by a majority of the outstanding Voting Interests.

  • In the case of a third-party tender or exchange offer, the General Transfer Restrictions may be waived or amended only by 66 2/3% of the outstanding Voting Interests if the Board of Directors of GS Inc.

  • Section 3.1. General Transfer Restrictions 10 Section 3.2. Specific Transfer Restrictions 10 Section 3.3. Permitted Transfers.

  • Section 3.1. General Transfer Restrictions 14 Section 3.2. Specific Restrictions on Transfer.

  • The General Transfer Restrictions may be waived, in connection with any tender or exchange offer by GS Inc., by the affirmative vote of a majority of the outstanding Voting Interests.

  • The Shareholders' Committee also has the power to waive the General Transfer Restrictions to permit Covered Persons to: - participate as sellers in underwritten public offerings of Common Stock and tender or exchange offers and share repurchase programs by GS Inc.; - Transfer Covered Shares to charities, including charitable foundations; - Transfer Covered Shares held in employee benefit plans; and - Transfer Covered Shares in specific transactions (for example, to immediate family members and trusts).