Examples of Transfer Restriction Agreement in a sentence
The Company shall initially have five (5) managers (each, a “Manager” and, collectively, the “Managers”) and the Managers serving on the Board shall be appointed and removed by a Majority Interest of the Members, subject to the terms of the Voting and Transfer Restriction Agreement.
For so long as Founder holds shares, Founder shall have all the rights of a stockholder (including voting and dividend rights) with respect to the Shares, subject in all respects to the provisions of any Transfer Restriction Agreement.
Neither this Option nor the Option shares have -------------------- been registered under the Securities Act of 1933, and this Option cannot be sold or transferred, and the Option shares obtained by the exercise of this Option cannot be sold or transferred except in accordance with the Stock Transfer Restriction Agreement entered into concurrently herewith, and in accordance with all applicable state and federal securities laws.
No Member may assign, sell or otherwise transfer by operation of law or otherwise, any of its right, title or interest or any portion thereof in the Company unless such Member shall first comply with the provisions of the Transfer Restriction Agreement applicable to the proposed assignment, sale or transfer.
Each Shareholder shall execute and deliver a Stock Transfer Restriction Agreement on the Closing Date substantially in the form set forth in Exhibit 7.3.2.