Common use of Transfer Restriction Clause in Contracts

Transfer Restriction. (a) The Principal Stockholder hereby covenants and agrees that he shall not sell, give, assign, hypothecate, pledge, encumber, grant a security interest in or otherwise dispose of, whether by operation of law or by agreement or otherwise (each a "Transfer"), from the date hereof until the termination of the Merger Agreement, any Shares or Options, or any right, title or interest therein or thereto.

Transfer Restriction. (a) The Principal Stockholder hereby covenants and agrees that he she shall not sell, give, assign, hypothecate, pledge, encumber, grant a security interest in or otherwise dispose of, whether by operation of law or by agreement or otherwise (each a "Transfer"), from the date hereof until the termination of the Merger Agreement, any Shares or Options, or any right, title or interest therein or thereto.

Transfer Restriction. (a) The Principal Stockholder hereby covenants and agrees that he shall not sell, give, assign, hypothecate, pledge, encumber, grant a security interest in or otherwise dispose of, whether by operation of law or by agreement or otherwise (each a "TransferTRANSFER"), from the date hereof until the termination of the Merger Agreement, any Shares or Options, or any right, title or interest therein or thereto.

Transfer Restriction. (a) The Principal Stockholder hereby covenants and agrees that he it shall not sell, give, assign, hypothecate, pledge, encumber, grant a security interest in or otherwise dispose of, whether by operation of law or by agreement or otherwise (each a "Transfer"), from the date hereof until the termination of the Merger Agreement, any Shares or OptionsWarrants, or any right, title or interest therein or thereto; provided, however, that, notwithstanding the foregoing, the Principal Stockholder may engage in ordinary course hedging transactions.