Common use of Resale Provisions Clause in Contracts

Resale Provisions. Buyer agrees to use commercially reasonable efforts to persuade any assignee of its rights under this Agreement (i) not to sell, dispose or otherwise transfer the Shares such assignee would purchase for a period of one year following the Closing, except to such assignee's affiliates (as defined in Section 8.3) and (ii) not to sell, dispose or otherwise transfer the Shares in a block trade to a known competitor of the Company.