Common use of Termination of Restrictions Clause in Contracts

Termination of Restrictions. The restrictions on the transfer of --------------------------- shares of Executive Stock set forth in this paragraph 4 shall continue with respect to each share of Executive Stock following any Transfer thereof (other than a Public Sale); provided that in any event such restrictions shall terminate on the first to occur of a Sale of the Company or a Qualified Public Offering.

Appears in 10 contracts

Samples: Executive Stock Agreement (Corinthian Colleges Inc), Executive Stock Agreement (Corinthian Colleges Inc), Executive Stock Agreement (Corinthian Colleges Inc)

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Termination of Restrictions. The restrictions on the transfer Transfer of --------------------------- shares of Executive Stock set forth in this paragraph Section 4 shall will continue with respect to each share of Executive Stock following any Transfer thereof until the date on which such Executive Stock has been transferred in a transaction permitted by this Section 4 (other than except in a Public Saletransaction contemplated by Section 4(b)); provided that in any event such restrictions shall will terminate on the first to occur of a Sale of the Company or a Qualified Public OfferingCompany.

Appears in 7 contracts

Samples: Senior Management Agreement (Appnet Systems Inc), Senior Management Agreement (Appnet Systems Inc), Senior Management Agreement (Appnet Systems Inc)

Termination of Restrictions. The restrictions on the transfer Transfer of --------------------------- shares of Executive Stock set forth in this paragraph 4 shall will continue with respect to each share of Executive Stock following any Transfer thereof until the date on which such Executive Stock has been transferred in a transaction permitted by this paragraph 4 (other than except in a Public Saletransaction contemplated by subparagraph 4(e)); provided that in any event such restrictions shall will terminate on the first to occur of a Sale of the Company or a Qualified Public Offering.

Appears in 5 contracts

Samples: Senior Management Agreement (Province Healthcare Co), Senior Management Agreement (MST Enterprises Inc), Senior Management Agreement (Province Healthcare Co)

Termination of Restrictions. The restrictions on the transfer Transfer of --------------------------- shares of Executive Stock set forth in this paragraph Section 4 shall will continue with respect to each share of Executive Stock following any Transfer thereof until the date on which such Executive Stock has been transferred in a transaction permitted by this Section 4 (other than except in a Public Saletransaction contemplated by Section 4(c)); provided that in any event such restrictions shall will terminate on the first to occur of a Sale of the Company or a Qualified Public Offering; and further provided that the restrictions contained in clause (A) of the last sentence of Section 4(a) above shall survive in perpetuity.

Appears in 4 contracts

Samples: Senior Management Agreement (American Medserve Corp), Senior Management Agreement (American Medserve Corp), Senior Management Agreement (American Medserve Corp)

Termination of Restrictions. The restrictions on the transfer of --------------------------- shares of Executive Stock Securities set forth in this paragraph 4 shall will continue with respect to each share of all Executive Stock Securities following any Transfer thereof (other than a Public Sale)transfer thereof; provided that in any event such restrictions shall will terminate on the first to occur of a Sale of the Company or a Qualified Public Offering.

Appears in 4 contracts

Samples: Executive Stock Agreement (Triumph Group Inc /), Executive Stock Agreement (Triumph Group Inc /), Executive Stock Agreement (Triumph Group Inc /)

Termination of Restrictions. (i) The restrictions on the transfer Transfer and holding of --------------------------- shares of Executive Stock set forth in this paragraph 4 5 shall continue with respect to each share of Executive Stock following any Transfer thereof (other than a Public Sale); provided that in any event such restrictions shall terminate on the first to occur of a Sale of the Company or a Qualified Public Offeringthereof.

Appears in 4 contracts

Samples: Management Equity Agreement (JSG Acquisitions I), Management Equity Agreement (JSG Acquisitions I), Management Equity Agreement (JSG Funding PLC)

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Termination of Restrictions. The restrictions on the transfer Transfer of --------------------------- shares of Executive Stock set forth in this paragraph Section 4 shall will continue with respect to each such share of Executive Stock following any Transfer thereof until the date on which such Executive Stock has been transferred in a transaction permitted by this Section 4 (other than except in a Public Saletransaction contemplated by Section 4(e)); provided that in any event such restrictions shall will terminate on the first to occur of a Sale of the Company or a Qualified Public OfferingCompany.

Appears in 2 contracts

Samples: Senior Management Agreement (Answerthink Inc), Executive Agreement (Answerthink Consulting Group Inc)

Termination of Restrictions. The restrictions on the transfer of --------------------------- shares Transfer of Executive Stock Shares set forth in this paragraph Section 4 shall will continue with respect to each share of Executive Stock following any Transfer thereof (other than Share until the date on which such Executive Share has been transferred in a Public Sale); provided that in any event such restrictions shall terminate on transaction permitted by the first to occur of a Sale of the Company or a Qualified Public OfferingInvestor Rights Agreement.

Appears in 1 contract

Samples: Senior Management Agreement (Natg Holdings LLC)

Termination of Restrictions. The restrictions on the transfer Transfer of --------------------------- shares of Executive Stock set forth in this paragraph Section 4 shall will continue with respect to each such share of Executive Stock following any Transfer thereof until the date on which such Executive Stock has been transferred in a transaction permitted by this Section 4 (other than except in a Public Saletransaction contemplated by Section 4(e)); provided that in any event such restrictions shall will terminate on the first to occur of a Sale of the Company or a Qualified Public OfferingCompany.

Appears in 1 contract

Samples: Senior Management Agreement (Answer Think Consulting Group Inc)

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