Examples of Public Sale in a sentence
The restrictions set forth in this Section 4 will continue with respect to each Carried Share until the earlier of (i) the date on which such Carried Shares have been transferred in a Public Sale permitted by this Section 4, or (ii) the consummation of an Approved Sale.
On and after the time the Company completes a Public Sale, all of the restrictions on Transfer and the repurchase rights of the Company contained herein (including, without limitation, the repurchase rights of the Company pursuant to Section 3 hereof), shall cease to apply to any Shares that constitute Vested Shares at such time and to any Shares that become Vested Shares after such time pursuant to the terms hereof.
Prior to Transferring any shares of Executive Stock (other than in a Public Sale or any Approved Sale) to any person or entity, Executive will cause the prospective transferee to execute and deliver to the Company and the Other Stockholders an agreement containing the rights and restrictions set forth herein with respect to such shares of Executive Stock.
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.
The restrictions set forth in this SECTION 6 will continue with respect to each unit of Executive Securities until the earlier of (i) the date on which such unit of Executive Securities has been transferred in a Public Sale permitted by this SECTION 6, or (ii) the consummation of a Sale of the Company.