Common use of ABSOLUTE RESTRICTION Clause in Contracts

ABSOLUTE RESTRICTION. Except for Permitted Transfers (as defined in Section 4.5), no Stockholder party hereto shall sell, transfer, assign, pledge or otherwise dispose of, directly or indirectly, through the sale of interests in any holding company (including the LLC) or otherwise ("Transfer") any shares of the capital stock of the Company now held or hereafter acquired by such Stockholder ("Stock") prior to April 10, 2003.

Appears in 1 contract

Sources: Sponsor Rights Agreement (Dresser Inc)

ABSOLUTE RESTRICTION. Except for Permitted Transfers (as defined in Section 4.5), no Stockholder party hereto shall sell, transfer, assign, pledge or otherwise dispose of, directly or indirectly, through the sale of interests in any holding company (including the LLC) or otherwise ("Transfer") any shares of the capital stock of the Company now held or hereafter acquired by such Stockholder ("Stock") prior to April 10, 2003.)

Appears in 1 contract

Sources: Sponsor Rights Agreement (Dresser Inc)