Common use of Transferability of Registration Rights Clause in Contracts

Transferability of Registration Rights. The rights of the Shareholders under this Section 7 are not transferable except in connection with: (a) a transfer by will or intestacy; and (b) estate planning transfers consisting of gifts to the spouse or issue of the transferor, or to a charity qualified under Section 501(c)(3) of the Code.

Appears in 2 contracts

Samples: Agreement and Plan of Merger and Reorganization (Qualcomm Inc/De), Agreement and Plan of Merger and Reorganization (Caere Corp)

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Transferability of Registration Rights. The rights of the Shareholders under this Section 7 11 are not transferable by the holder thereof except in connection with: with (a) a transfer by will or intestacy; intestacy and (b) estate planning transfers consisting of gifts to members of such holder's immediate family and transfers to trusts for the spouse benefit of such shareholder or issue members of the transferor, or to a charity qualified under Section 501(c)(3) of the Codesuch holder's immediate family.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Zamba Corp)

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Transferability of Registration Rights. The rights of the Shareholders Participating Holders under this Section 7 are not 6 shall be transferable except in connection with: (a) the distribution of the assets of Seller to its shareholders, (b) a transfer by will or intestacy; and (bc) estate planning transfers consisting of gifts to the spouse or issue of the transferor, transferor or to a charity qualified under Section 501(c)(3) of the Code.

Appears in 1 contract

Samples: Asset Purchase Agreement (Spatial Technology Inc)

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