Common use of Transfers Pursuant to Section 5 Clause in Contracts

Transfers Pursuant to Section 5. Any Company Shares Transferred to the Company pursuant to this Agreement (in accordance with Section 5 or otherwise) will conclusively be deemed thereafter not to be Company Shares under this Agreement and not to be subject to any of the provisions hereof or entitled to the benefit of any of the provisions hereof; provided, that Company Shares Transferred to any Principal Investor pursuant to Section 5.3 shall thereafter become Investor Shares hereunder.

Transfers Pursuant to Section 5. Shares may be transferred pursuant to the terms of Section 5 of this Agreement. Any Company Shares Transferred to the Company pursuant to this Agreement (in accordance with Section 5 or otherwise) of this Agreement will conclusively be deemed thereafter not to be Company Shares under this Agreement and not to be subject to any of the provisions hereof or entitled to the benefit of any of the provisions hereof; provided, that Company Shares Transferred to any Principal Investor pursuant to Section 5.3 shall thereafter become Investor Shares hereunder.

Transfers Pursuant to Section 5. Shares may be transferred pursuant to the terms of Section 5 of this Agreement. Any Company Shares Transferred to the Company pursuant to this Agreement (in accordance with Section 5 or otherwise) will conclusively be deemed thereafter not to be Company Shares under this Agreement and not to be subject to any of the provisions hereof or entitled to the benefit of any of the provisions hereof; provided, that Company Shares Transferred to any Principal Investor pursuant to Section 5.3 shall thereafter become Investor Shares hereunder.