Common use of Termination of Restrictions Clause in Contracts

Termination of Restrictions. The restrictions set forth in this paragraph 2 shall continue with respect to each Shareholder Share until the earlier of (i) the date on which such Shareholder Share has been transferred in a Public Sale, (ii) the consummation of an Approved Sale or (iii) the consummation of the Company's initial public offering of its equity securities (the "IPO").

Appears in 4 contracts

Samples: Shareholders Agreement (Hk Merger Corp), Shareholders Agreement (Happy Kids Inc), Shareholders Agreement (Happy Kids Inc)

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Termination of Restrictions. The restrictions set forth in this paragraph Section 2 shall continue with respect to each Shareholder Stockholder Share until the earlier of (i) the date on which Transfer of such Shareholder Stockholder Share has been transferred in a Public Sale or an Approved Sale, or (ii) the consummation of an Approved Sale or (iii) the consummation of the Company's initial public offering of its equity securities (the "IPO")a Public Offering.

Appears in 3 contracts

Samples: Stockholders Agreement (Innophos Investment Holdings, Inc.), Stockholders Agreement (PAV Republic, Inc.), Stockholders Agreement (Keystone Marketing Services Inc)

Termination of Restrictions. The rights and restrictions set forth in this paragraph 2 shall 3 will continue with respect to each Shareholder Share until the earlier first to occur of (i) the ): date on which such Shareholder Share has been transferred in a Public Sale, ; (ii) the consummation of an Approved Sale or Sale; (iii) the consummation of the Company's initial public offering of its equity securities a closing described in paragraph 9(c) or (the "IPO")iv) October 22, 2015.

Appears in 2 contracts

Samples: Shareholders’ Agreement (Apollo Group Inc), Shareholders’ Agreement (Apollo Group Inc)

Termination of Restrictions. The rights and restrictions set forth in this paragraph 2 shall 3 will continue with respect to each Shareholder Share until the earlier first to occur of (i) the ): date on which such Shareholder Share has been transferred in a Public Sale, ; (ii) the consummation of an Approved Sale or Sale; (iii) a closing described in paragraph 9(c) or (iv) the consummation eighth anniversary of the Company's initial public offering date of its equity securities (the "IPO")this Agreement.

Appears in 2 contracts

Samples: Shareholders’ Agreement (Apollo Group Inc), Registration Rights Agreement (Apollo Group Inc)

Termination of Restrictions. The restrictions set forth in this paragraph Section 2 shall continue with respect to each Shareholder Stockholder Share until the earlier of (i) the date on which such Shareholder Stockholder Share has been transferred in a Public Sale, (ii) the consummation of an Approved Sale Sale, or (iii) the consummation of the Company's initial public offering of its equity securities (the "IPO")a Public Offering.

Appears in 2 contracts

Samples: Stockholders Agreement (Therma Wave Inc), Stockholders Agreement (Therma Wave Inc)

Termination of Restrictions. The rights and restrictions set forth in this paragraph Section 2 shall will continue with respect to each Shareholder Stockholder Share until the earlier of (i) the date on which such Shareholder Stockholder Share has been transferred in a Public Sale, Sale or (ii) the consummation occurrence of an Approved Sale or (iii) the consummation of the Company's initial public offering of its equity securities (the "IPO")a Public Offering.

Appears in 1 contract

Samples: Stockholders Agreement (Ancestry.com Inc.)

Termination of Restrictions. The restrictions set forth in this paragraph 2 1 shall continue with respect to each Shareholder Share share of Investor Stock until the earlier of (i) the date on which such Shareholder Share share of Investor Stock has been transferred in a Public Sale, (ii) the consummation of an Approved Sale or (iii) the consummation of the Company's initial public offering of its equity securities (the "IPO")a Qualified Public Offering.

Appears in 1 contract

Samples: Agreement (Nutraceutical International Corp)

Termination of Restrictions. The restrictions set forth in this paragraph Section 2 shall continue with respect to each Shareholder Share until the earlier of (i) the date on which such Shareholder Share has been transferred in a Public Sale, consummation of an Approved Sale and (ii) the consummation of an Approved Sale or (iii) the consummation of the Company's initial public offering of its equity securities (the "a Qualifying IPO").

Appears in 1 contract

Samples: Shareholders Agreement (Chippac LTD)

Termination of Restrictions. The restrictions set forth in this paragraph 2 6 shall continue with respect to each Shareholder Stockholder Share until the earlier of (i) the date on which such Shareholder Stockholder Share has been transferred in a Public Sale, Sale or (ii) the consummation of an Approved a Sale or (iii) the consummation of the Company's initial public offering of its equity securities (the "IPO").

Appears in 1 contract

Samples: Stockholders Agreement (Kc Holding Corp)

Termination of Restrictions. The restrictions on the Transfer of --------------------------- Stockholder Shares set forth in this paragraph Section 2 shall continue with respect to each Shareholder Stockholder Share until the earlier of (i) the date on which such Shareholder Stockholder Share has been transferred in a Public Sale, (ii) the consummation of an Approved Sale or a Qualified Public Offering, (iii) the consummation of a Sale of the Company's initial public offering , or (iv) the seventh anniversary of its equity securities (the "IPO")date hereof.

Appears in 1 contract

Samples: Stockholders Agreement (Wec Co)

Termination of Restrictions. The restrictions set forth in this paragraph --------------------------- Section 2 shall continue with respect to each Shareholder Stockholder Share until the earlier of (i) the date on which transfer of such Shareholder Stockholder Share has been transferred in a Public Sale, or (ii) the consummation of an Approved a Sale or (iii) the consummation of the Company's initial public offering of its equity securities (the "IPO")Company or a Public Offering.

Appears in 1 contract

Samples: Stockholders Agreement (Medpartners Inc)

Termination of Restrictions. The restrictions set forth in this paragraph 2 shall continue with respect to each Shareholder Share share of Investor Stock until the earlier of (i) the date on which such Shareholder Share Investor Stock has been transferred in a Public Sale, (ii) the consummation of an Approved Sale or date on which such Investor Stock has been transferred pursuant to this Article II (other than Section 2.3), (iii) the consummation of a Qualified Public Offering or (iv) the consummation of a Sale of the Company's initial public offering of its equity securities (the "IPO").

Appears in 1 contract

Samples: Investors Agreement (Vstream Inc /Co)

Termination of Restrictions. The restrictions set forth in this paragraph Section 2 shall continue with respect to each Shareholder Stockholder Share until the earlier of (i) the date on which transfer of such Shareholder Stockholder Share has been transferred in a Public Sale, or (ii) the consummation of an Approved a Sale or (iii) the consummation of the Company's initial public offering of its equity securities (the "IPO")Company or a Public Offering.

Appears in 1 contract

Samples: Stockholders Agreement (Inphynet South Broward Inc)

Termination of Restrictions. The restrictions set forth in this paragraph 2 shall continue with respect to each Shareholder Share until the earlier of (i) the date on which such Shareholder Share has been transferred in a Public Sale, (ii) the consummation of an Approved a Sale of the Company or (iii) the consummation of the Company's initial public offering of its equity securities (the "IPO")a Qualified Public Offering.

Appears in 1 contract

Samples: Shareholders Agreement (Pac-West Telecomm Inc)

Termination of Restrictions. The restrictions set forth in this paragraph Section 2 shall continue with respect to each Shareholder Stockholder Share until the earlier of (i) the date on which transfer of such Shareholder Stockholder Share has been transferred in a Public Sale, or (ii) the consummation of an Approved a Sale or (iii) the consummation of the Company's initial public offering of its equity securities (the "IPO")Company or a Qualified Public Offering.

Appears in 1 contract

Samples: Stockholders Agreement (Racing Champions Corp)

Termination of Restrictions. The restrictions set forth in this paragraph 2 shall continue with respect to each Shareholder Stockholder Share until the earlier of (i) the date on which such Shareholder Stockholder Share has been transferred in a Public Sale, (ii) the consummation of an Approved a Sale of the Company or (iii) the consummation of the Company's initial public offering of its equity securities (the "IPO")a Qualified Public Offering.

Appears in 1 contract

Samples: Stockholders Agreement (Onesource Information Services Inc)

Termination of Restrictions. The restrictions set forth in this paragraph 2 shall continue with respect to each Shareholder Stockholder Share until the earlier of (i) the date on which such Shareholder Stockholder Share has been transferred in a Public Sale, (ii) the consummation of an Approved Sale or (iii) the consummation of the Company's initial public offering of its equity securities (the "IPO")a Qualified Public Offering.

Appears in 1 contract

Samples: Stock Restriction Agreement (Lumenon Innovative Lightwave Technology Inc)

Termination of Restrictions. The restrictions set forth in this paragraph Section 2 shall continue with respect to each Shareholder Share until the earlier of (i) the date on which such Shareholder Share has been transferred consummation of a Change in a Public Sale, Control and (ii) the consummation of an Approved Sale or (iii) the consummation of the Company's initial public offering of its equity securities (the "IPO").

Appears in 1 contract

Samples: Shareholders Agreement (Concerto Software (Japan) Corp)

Termination of Restrictions. The restrictions set forth in this paragraph Section 2 shall continue with respect to each Shareholder Investor Share until the earlier of (i) the date on which such Shareholder Investor Share has been transferred in a Public Sale, Sale in compliance with this Agreement or in a Public Offering and (ii) the consummation of a Significant Market Liquidity Event or an Approved Sale or (iii) the consummation of the Company's initial public offering of its equity securities (the "IPO")Sale.

Appears in 1 contract

Samples: Investor Rights Agreement (Apw LTD)

Termination of Restrictions. The restrictions set forth in this paragraph SECTION 2 shall continue with respect to each Shareholder Stockholder Share until the earlier of (i) the date on which such Shareholder Stockholder Share has been transferred in a Public Sale, (ii) the consummation of an Approved Sale or a Public Offering and (iii) the consummation of the Company's initial public offering of its equity securities (the "IPO")an Approved Sale.

Appears in 1 contract

Samples: Rights Agreement (Monterey Carpets Inc)

Termination of Restrictions. The restrictions set forth in this paragraph Section 2 shall continue with respect to each Shareholder Stockholder Share until the earlier of (i) the date on which such Shareholder Stockholder Share has been transferred in a Public Sale, (ii) the consummation of an Approved Sale or date on which such Stockholder Share has been transferred pursuant to this Section 2 (other than subparagraph 2(c)), (iii) the consummation of a Sale of the Company's initial public offering Company or (iv) the consummation of its equity securities (the "IPO")a Qualified Public Offering.

Appears in 1 contract

Samples: Stockholders Agreement (Harris Interactive Inc)

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Termination of Restrictions. The restrictions set forth in this paragraph 2 shall continue with respect to each Shareholder Stockholder Share until the earlier of (i) the date on which such Shareholder Stockholder Share has been transferred in a Public Sale, (ii) the consummation of an Approved Sale (as defined in paragraph 3 below) or (iii) the consummation of the Company's initial public offering of its equity securities a Qualified Public Offering (the "IPO"as defined in paragraph 10 below).

Appears in 1 contract

Samples: Stockholders Agreement (Nutraceutical International Corp)

Termination of Restrictions. The restrictions set forth in this paragraph Section 2 shall continue with respect to each Shareholder Stockholder Share until the earlier of (i) the date on which such Shareholder Stockholder Share has been transferred in a Public Sale, Sale and (ii) the consummation of an Approved Sale or (iii) the consummation a Change of the Company's initial public offering of its equity securities (the "IPO")Control.

Appears in 1 contract

Samples: Rights Agreement (Natg Holdings LLC)

Termination of Restrictions. The restrictions set forth in this --------------------------- paragraph 2 shall continue with respect to each Shareholder Stockholder Share until the earlier of (i) the date on which such Shareholder Stockholder Share has been transferred in a Public Sale, (ii) the consummation of an Approved Sale or date on which such Stockholder Share has been transferred pursuant to this paragraph 2 (other than subparagraph 2(d)), (iii) the fifth anniversary of the date of this Agreement or (iv) the consummation of the Company's initial public offering of its equity securities (the "IPO")a Qualified Public Offering.

Appears in 1 contract

Samples: Stockholders Agreement (Centennial Communications Corp)

Termination of Restrictions. The restrictions set forth in this --------------------------- paragraph 2 shall 1 will continue with respect to each Shareholder Stockholder Share until the earlier of (i) the date on which such Shareholder Stockholder Share has been transferred in a Public Sale, (ii) the consummation of an Approved Sale or (iii) the consummation of the Company's initial public offering of its equity securities a Public Offering (the "IPO"as defined in paragraph 3 hereof).

Appears in 1 contract

Samples: Stockholders Agreement (Wesley Jessen Holding Inc)

Termination of Restrictions. The restrictions set forth in this paragraph 2 Section 3 shall continue with respect to each Shareholder Stockholder Share until the earlier of (i) the date on which such Shareholder Share has been transferred in consummation of a Public Sale, Sale of the Company and (ii) the consummation of an Approved Sale or (iii) the consummation of the Company's initial public offering of its equity securities (the "IPO").

Appears in 1 contract

Samples: Stockholders Agreement (Physicians Formula Holdings, Inc.)

Termination of Restrictions. The restrictions set forth in this paragraph Section 2 shall continue with respect to each Shareholder Stockholder Share until the earlier of (i) the date on which such Shareholder Share has been transferred in consummation of a Public Sale, Sale of the Company and (ii) the consummation of an Approved Sale or (iii) the consummation of the Company's initial public offering of its equity securities (the "IPO").

Appears in 1 contract

Samples: Stockholders Agreement (Seabright Insurance Holdings Inc)

Termination of Restrictions. The restrictions set forth in --------------------------- this paragraph 2 shall continue with respect to each Shareholder Stockholder Share until the earlier of (i) the date on which such Shareholder Stockholder Share has been transferred in a Public Sale, or (ii) the consummation of an Approved Sale or (iii) the consummation of the Company's initial public offering of its equity securities (the "IPO")a Qualified Public Offering.

Appears in 1 contract

Samples: Stockholders Agreement (Global Imaging Systems Inc)

Termination of Restrictions. The restrictions set forth in this paragraph 2 shall will continue with respect to each Shareholder Share until the earlier of (i) the date on which such Shareholder Share has been transferred in a Public Sale, Sale or (ii) the consummation of an Approved Sale or (iii) the consummation of the Company's initial public offering of its equity securities (the "IPO")Sale.

Appears in 1 contract

Samples: Amended and Restated Shareholders Agreement (Broder Bros Co)

Termination of Restrictions. The restrictions set forth in this paragraph Section 2 shall continue with respect to each Shareholder Stockholder Share until the earlier of (i) the date on which such Shareholder Stockholder Share has been transferred in a Public Sale, Sale and (ii) the consummation of a Change of Control. The restrictions set forth in this Section 2 shall also terminate with respect to the shares of Preferred Stock if the Company completes an Approved Sale IPO (as defined in the Certificate of Incorporation) and such shares of Preferred Stock are not redeemed or (iiiconverted into shares of Common Stock pursuant to Section 4(b) the consummation of the Company's initial public offering Certificate of its equity securities (the "IPO")Incorporation.

Appears in 1 contract

Samples: Investor Rights Agreement (Ziff Davis Media Inc)

Termination of Restrictions. The restrictions set forth in this (i) paragraph 2 4(b) shall continue with respect to each Shareholder Stockholder Share until the earlier of (iA) the date on which Transfer of such Shareholder Stockholder Share has been transferred in a Public Sale, Sale or an Approved Sale and (iiB) the consummation of a Qualified Public Offering and (ii) paragraph 4(c) shall continue with respect to each Stockholder Share until the Transfer of such Stockholder Share in a Public Sale or an Approved Sale or (iii) the consummation of the Company's initial public offering of its equity securities (the "IPO")Sale.

Appears in 1 contract

Samples: Stockholders Agreement (Next Generation Network Inc)

Termination of Restrictions. The restrictions set forth in this paragraph 2 shall --------------------------- Section 3 will continue with respect to each Shareholder Stockholder Share until the earlier --------- of (i) the date on which such Shareholder Stockholder Share has been transferred in a Public Sale, (ii) the consummation of an Approved Sale or a Public Offering, and (iii) the consummation of the Company's initial public offering of its equity securities (the "IPO")an Approved Sale.

Appears in 1 contract

Samples: Stockholders Agreement (Kilovac International Inc)

Termination of Restrictions. The restrictions set forth in this paragraph 2 3 shall continue with respect to each Shareholder Stockholder Share until the earlier of (i) the date on which such Shareholder Stockholder Share has been transferred in a Public Sale, Sale or (ii) the consummation of an Approved a Sale or (iii) the consummation of the Company's initial public offering of its equity securities (the "IPO").

Appears in 1 contract

Samples: Stockholders and Registration Rights Agreement (Duane Reade Inc)

Termination of Restrictions. The rights and restrictions set forth in this paragraph 2 Section 3 shall continue with respect to each Shareholder Share share of Investor Stock until the earlier of (i) the date on which Transfer of such Shareholder Share has been transferred share of Investor Stock in a Public Sale or an Approved Sale, or (ii) the consummation of an Approved Sale or (iii) the consummation of the Company's initial public offering of its equity securities (the "IPO")Initial Public Offering.

Appears in 1 contract

Samples: Subscription Agreement (Centurion Wireless Technologies Inc)

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