General Share Transfer restriction Clause Samples
General Share Transfer restriction. A Shareholder may not (nor may it attempt to) Transfer all or any of its Shares unless:
(a) the provisions of clause 13 are complied with;
(b) the Transfer is to a "sophisticated investor" for the purposes of section 708(8) of the Corporations Act (unless otherwise disclosed and consented to by the Board prior to the Transfer); and
(c) either:
(i) the Shareholder has received the prior written consent of the Board; or
(ii) the Transfer is expressly permitted or provided for in clauses 9, 10, 11 or 13 of this Agreement (as applicable).
