RESTRICTION ON TRANSFER definition

RESTRICTION ON TRANSFER. This License and the Data may not be transferred to anyone without the prior written consent of RSI. Any transferee of the Licence shall be bound by the terms and conditions of this Licence. The Licencee is strictly prohibited from distributing, leasing, selling or otherwise disposing of the Data. For the purposes of this Licence, any distribution or disposition by Licencee to any branch, agency, office, division, subdivision, subsidiary or affiliate of the Licencee is strictly prohibited without the consent of RSI. The Licencee shall not reverse engineer, decompile or disassemble the Data or transfer the Data to another machine readable language, or attempt any foregoing.

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RESTRICTION ON TRANSFER. Options will be non-transferable, except without consideration to a trust or partnership the only beneficiaries or partners (as the case may be) of which are immediate family member of Executive; shares obtained upon the exercise of options may be transferred only in accordance with the laws of descent and distribution. Other than with respect to transfers of options pursuant to the preceding sentence, no third party shall have any direct or indirect beneficial interest in the options or the shares obtained upon the exercise thereof.

RESTRICTION ON TRANSFER. This Licence and the Data may not be transferred to anyone without the prior written consent of MDA Geospatial Services Inc. Any transferee of the Licence shall be bound by the terms and conditions of this Licence. The Licencee is strictly prohibited from distributing, leasing, selling or otherwise disposing of the Data. For the purposes of this Licence, any distribution or disposition by Licencee to any branch, agency, office, division, subdivision, subsidiary or affiliate of the Licencee is strictly prohibited without the consent of MDA Geospatial Services Inc. The Licencee shall not reverse engineer, decompile or disassemble the Data or transfer the Data to another machine readable language, or attempt any foregoing.

Examples of RESTRICTION ON TRANSFER in a sentence

• THE RESTRICTED STOCK REPRESENTED HEREBY IS SUBJECT TO A RESTRICTION ON TRANSFER PURSUANT TO THE PROVISIONS OF AN AGREEMENT BETWEEN THE COMPANY AND THE HOLDER OF SUCH RESTRICTED STOCK, AND MAY NOT BE SOLD, ASSIGNED, TRANSFERRED, PLEDGED, HYPOTHECATED OR OTHERWISE DISPOSED OF EXCEPT IN COMPLIANCE WITH THE TERMS OF SUCH AGREEMENT.

• NO TRANSFER OF SUCH SECURITIES WILL BE MADE ON THE BOOKS OF THE COMPANY UNLESS ACCOMPANIED BY EVIDENCE OF COMPLIANCE WITH THE TERMS OF SUCH RESTRICTION ON TRANSFER.

• THE SECURITIES REPRESENTED HEREBY ARE SUBJECT TO CERTAIN RESTRICTIONS ON TRANSFER PURSUANT TO SECTION 8.10 OF THAT CERTAIN ASSET PURCHASE AGREEMENT ENTERED INTO BETWEEN THE COMPANY AND THE STOCKHOLDER LISTED ON THE FACE HEREOF, A COPY OF SUCH AGREEMENT IS ON FILE AT THE PRINCIPAL OFFICE OF THE COMPANY AND SUCH RESTRICTION ON TRANSFER WILL BE PROVIDED TO THE HOLDER HEREOF UPON REQUEST.

• THE RESTRICTED SHARES REPRESENTED HEREBY ARE SUBJECT TO A RESTRICTION ON TRANSFER PURSUANT TO THE PROVISIONS OF AN AGREEMENT BETWEEN THE COMPANY AND THE HOLDER OF SUCH RESTRICTED SHARES, AND MAY NOT BE SOLD, ASSIGNED, TRANSFERRED, PLEDGED, HYPOTHECATED OR OTHERWISE DISPOSED OF EXCEPT IN COMPLIANCE WITH THE TERMS OF SUCH AGREEMENT.

• THE SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO RESTRICTION ON TRANSFER FOR A PERIOD OF 180 DAYS FOLLOWING THE EFFECTIVE DATE OF THE COMPANY’S INITIAL UNDERWRITTEN PUBLIC OFFERING AND MAY NOT BE SOLD OR OTHERWISE DISPOSED OF BY THE HOLDER WITHOUT THE CONSENT OF THE COMPANY OR THE MANAGING UNDERWRITER.

• Such legend shall read as follows: THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO A RESTRICTION ON TRANSFER AND THE RISK OF FORFEITURE TO THE COMPANY AS PROVIDED IN A RESTRICTED STOCK AGREEMENT BETWEEN THE ISSUER AND THE REGISTERED OWNER OF THESE SECURITIES, A COPY OF WHICH IS ON FILE WITH THE ISSUER.

• THE SECURITIES REPRESENTED HEREBY ARE SUBJECT TO A RESTRICTION ON TRANSFER FOR A PERIOD OF UP TO 180 DAYS FOLLOWING THE EFFECTIVE DATE OF A REGISTRATION STATEMENT UNDER THE ACT FOR AN OFFERING OF THE CORPORATION’S SECURITIES PURSUANT TO AN AGREEMENT BY AND BETWEEN THE CORPORATION AND THE ORIGINAL PURCHASER OF SUCH SECURITIES.

• SECTION 8.4 INVESTOR GENERAL PARTNER AND INVESTOR LIMITED PARTNER - RESTRICTION ON TRANSFER.

• The certificates representing the Shares will bear a legend to the following effect: "RESTRICTION ON TRANSFER" "The shares of Common Stock of Interactive Intelligence, Inc.

• RESTRICTION ON TRANSFER OF BIOLOGICAL OR CHEMICAL MATERIALS: Investigator agrees to comply with the requirements of Section 4.1 of the AGREEMENT.

More Definitions of RESTRICTION ON TRANSFER

RESTRICTION ON TRANSFER. LIMITATIONS ON DISPOSITION. Without in any way limiting investor's representations and warranties set forth in this Agreement, Investor covenants and agrees that Investor shall not sell or otherwise transfer all or any portion of the Shares, or any interest in all or any portion of the Shares, without registration or qualification under the Securities Act and the Blue Sky Laws or pursuant to an exemption from such registration or qualification requirements with respect to the proposed transfer and provides to the Company an opinion of legal counsel satisfactory to the Company that the proposed transfer may be made without violation of the Securities Act and the Blue Sky Laws and will not adversely affect the exemptions relied on by the Company in connection with the original issuance and sale to Investor of the Shares. Without in any way limiting the representations set forth above, Investor further agrees that Investor shall in no event make any disposition of all or any portion of the Shares unless and until: (i) There is then in effect a Registration Statement under the Securities Act covering such proposed disposition, and such disposition is made in accordance with such Registration Statement; (ii) the resale provisions of Rule 144 are available and the proposed disposition would comply with the requirements of Rule 144 in the opinion of legal counsel satisfactory to the Company; or (iii) (A) Investor shall have notified the Company of the circumstances surrounding the proposed disposition; (B) Investor shall have furnished the Company with an opinion of Investor's counsel to the effect that such disposition will not require registration of any of such Shares under the Securities ct, (C) the proposed disposition would comply with all applicable requirements of Rule 144, and (D) counsel for the Company shall have concurred with such opinion of Investor's counsel, and the Company shall have advised Investor of such concurrence; and (b) Investor shall have complied with the terms of the Rights of First Refusal set forth in Section 7 of this Agreement, and each transferee of the Shares agrees in writing to be bound by all terms of this Agreement, including, without limitation, the "lock-up" provisions set forth in Section 8 of this Agreement.