Common use of Notice of Proposed Transfer Clause in Contracts

Notice of Proposed Transfer. Prior to any proposed transfer of the Transfer Shares, the Participant shall deliver written notice (the “Transfer Notice”) to the Company describing fully the proposed transfer, including the number of Transfer Shares, the name and address of the proposed transferee (the “Proposed Transferee”) and, if the transfer is voluntary, the proposed transfer price, and containing such information necessary to show the bona fide nature of the proposed transfer. In the event of a bona fide gift or involuntary transfer, the proposed transfer price shall be deemed to be the Fair Market Value of the Transfer Shares, as determined by the Board in good faith. If the Participant proposes to transfer any Transfer Shares to more than one Proposed Transferee, the Participant shall provide a separate Transfer Notice for the proposed transfer to each Proposed Transferee. The Transfer Notice shall be signed by both the Participant and the Proposed Transferee and must constitute a binding commitment of the Participant and the Proposed Transferee for the transfer of the Transfer Shares to the Proposed Transferee subject only to the Right of First Refusal.

Appears in 15 contracts

Samples: Stock Option Agreement (AEye, Inc.), Stock Units Agreement (SmartRent, Inc.), Restricted Stock Units Agreement (Terran Orbital Corp)

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Notice of Proposed Transfer. Prior to any proposed transfer of the Transfer Shares, the Participant Optionee shall deliver written notice (the “Transfer Notice”"TRANSFER NOTICE") to the Company describing fully the proposed transfer, including the number of Transfer Shares, the name and address of the proposed transferee (the “Proposed Transferee”"PROPOSED TRANSFEREE") and, if the transfer is voluntary, the proposed transfer price, and containing such information necessary to show the bona fide nature of the proposed transfer. In the event of a bona fide gift or involuntary transfer, the proposed transfer price shall be deemed to be the Fair Market Value of the Transfer Shares, as determined by the Board in good faith. If the Participant Optionee proposes to transfer any Transfer Shares to more than one Proposed Transferee, the Participant Optionee shall provide a separate Transfer Notice for the proposed transfer to each Proposed Transferee. The Transfer Notice shall be signed by both the Participant Optionee and the Proposed Transferee and must constitute a binding commitment of the Participant Optionee and the Proposed Transferee for the transfer of the Transfer Shares to the Proposed Transferee subject only to the Right of First Refusal.

Appears in 15 contracts

Samples: Incentive Stock Option Agreement (Collegeclub Com Inc), Incentive Stock Option Agreement (Cisco Systems Inc), Incentive Stock Option Agreement (Collegeclub Com Inc)

Notice of Proposed Transfer. Prior to any proposed transfer of the Transfer Shares, the Participant Optionee shall deliver written notice (the “Transfer Notice”) to the Company describing fully the proposed transfer, including the number of Transfer Shares, the name and address of the proposed transferee (the “Proposed Transferee”) and, if the transfer is voluntary, the proposed transfer price, and containing such information necessary to show the bona fide nature of the proposed transfer. In the event of a bona fide gift or involuntary transfer, the proposed transfer price shall be deemed to be the Fair Market Value of the Transfer Shares, as determined by the Board in good faith. If the Participant Optionee proposes to transfer any Transfer Shares to more than one Proposed Transferee, the Participant Optionee shall provide a separate Transfer Notice for the proposed transfer to each Proposed Transferee. The Transfer Notice shall be signed by both the Participant Optionee and the Proposed Transferee and must constitute a binding commitment of the Participant Optionee and the Proposed Transferee for the transfer of the Transfer Shares to the Proposed Transferee subject only to the Right of First Refusal.

Appears in 14 contracts

Samples: Stock Option Agreement (Emulate Therapeutics, Inc.), Executive Employment Agreement (Ambrx Inc), Executive Employment Agreement (Ambrx Inc)

Notice of Proposed Transfer. Prior to any proposed transfer of the Transfer SharesUnits, the Participant shall deliver written notice (the “Transfer Notice”) to the Company describing fully the proposed transfer, including the number of Transfer SharesUnits, the name and address of the proposed transferee (the “Proposed Transferee”) and, if the transfer is voluntary, the proposed transfer price, and containing such information necessary to show the bona fide nature of the proposed transfer. In the event of a bona fide gift or involuntary transfer, the proposed transfer price shall be deemed to be the Fair Market Value of the Transfer SharesUnits, as determined by the Board in good faith. If the Participant proposes to transfer any Transfer Shares Units to more than one Proposed Transferee, the Participant shall provide a separate Transfer Notice for the proposed transfer to each Proposed Transferee. The Transfer Notice shall be signed by both the Participant and the Proposed Transferee and must constitute a binding commitment of the Participant and the Proposed Transferee for the transfer of the Transfer Shares Units to the Proposed Transferee subject only to the Right of First Refusal.

Appears in 6 contracts

Samples: Deferred Units Agreement (Wayfair Inc.), Deferred Units Agreement (Wayfair LLC), Restricted Unit Agreement (Magnachip Semiconductor LLC)

Notice of Proposed Transfer. Prior to any proposed transfer of the Transfer Shares, the Participant shall deliver written notice (the “Transfer Notice”) to the Company describing fully the proposed transfer, including the number of Transfer Shares, the name and address of the proposed transferee (the “Proposed Transferee”) and, if the transfer is voluntary, the proposed transfer price, and containing such information necessary to show the bona fide nature of the proposed transfer. In the event of a bona fide gift or involuntary transfer, the proposed transfer price shall be deemed to be the Fair Market Value of the Transfer Shares, as determined by the Board in good faith. If the Participant proposes to transfer any Transfer Shares to more than one Proposed Transferee, the Participant shall provide a separate Transfer Notice for the proposed transfer to each Proposed Transferee. The Transfer Notice shall be signed by both the Participant and the Proposed Transferee and must constitute a binding commitment of the Participant and the Proposed Transferee for the transfer of the Transfer Shares to the Proposed Transferee subject only to the Right of First Refusal.

Appears in 6 contracts

Samples: Stock Option Agreement (Q2 Holdings, Inc.), Stock Option Agreement (Q2 Holdings, Inc.), Stock Option Agreement (Q2 Holdings, Inc.)

Notice of Proposed Transfer. Prior to any proposed transfer of the Transfer Shares, the Participant Optionee shall deliver give a written notice (the "Transfer Notice") to the Company describing fully the proposed transfer, including the number of Transfer Shares, the name and address of the proposed transferee (the "Proposed Transferee") and, if the transfer is voluntary, the proposed transfer price, price and containing such information necessary to show the bona fide nature of the proposed transfer. In the event of a bona fide gift or involuntary transfer, the proposed transfer price shall be deemed to be the Fair Market Value fair market value of the Transfer Shares, Shares as determined by the Board Company in good faith. If In the Participant event the Optionee proposes to transfer any Transfer Shares shares acquired upon the exercise of the Option to more than one (1) Proposed Transferee, the Participant Optionee shall provide a separate Transfer Notice for the proposed transfer to each Proposed Transferee. The Transfer Notice shall be signed by both the Participant Optionee and the Proposed Transferee and must constitute a binding commitment of the Participant Optionee and the Proposed Transferee for the transfer of the Transfer Shares to the Proposed Transferee subject only to the Right of First Refusal.

Appears in 5 contracts

Samples: Nonqualified Stock Option Agreement (Demegen Inc), Nonqualified Stock Option Agreement (Demegen Inc), Nonqualified Stock Option Agreement (Demegen Inc)

Notice of Proposed Transfer. Prior to any proposed transfer of the Transfer Shares, the Participant Optionee shall deliver give a written notice (the “Transfer Notice”"TRANSFER NOTICE") to the Company describing fully the proposed transfer, including the number of Transfer Shares, the name and address of the proposed transferee (the “Proposed Transferee”"PROPOSED TRANSFEREE") and, if the transfer is voluntary, the proposed transfer price, and containing such information necessary to show the bona fide nature of the proposed transfer. In the event of a bona fide gift or involuntary transfer, the proposed transfer price shall be deemed to be the Fair Market Value of the Transfer Shares, as determined by the Board in good faith. If the Participant Optionee proposes to transfer any Transfer Shares to more than one Proposed Transferee, the Participant Optionee shall provide a separate Transfer Notice for the proposed transfer to each Proposed Transferee. The Transfer Notice shall be signed by both the Participant Optionee and the Proposed Transferee and must constitute a binding commitment of the Participant Optionee and the Proposed Transferee for the transfer of the Transfer Shares to the Proposed Transferee subject only to the Right of First Refusal.

Appears in 5 contracts

Samples: Nonstatutory Stock Option Agreement (Collegeclub Com Inc), Incentive Stock Option Agreement (Broadcom Corp), Nonstatutory Stock Option Agreement (Netscape Communications Corp)

Notice of Proposed Transfer. Prior to any proposed transfer of the Transfer Shares, the Participant Optionee shall deliver give a written notice (the “Transfer Notice”) to the Company describing fully the proposed transfer, including the number of Transfer Shares, the name and address of the proposed transferee (the “Proposed Transferee”) and, if the transfer is voluntary, the proposed transfer price, price and containing such information necessary to show the bona fide nature of the proposed transfer. In the event of a bona fide gift or involuntary transfer, the proposed transfer price shall be deemed to be the Fair Market Value fair market value of the Transfer Shares, Shares as determined by the Board Company in good faith. If In the Participant event the Optionee proposes to transfer any Transfer Shares to more than one (1) Proposed Transferee, the Participant Optionee shall provide a separate Transfer Notice for the proposed transfer to each Proposed Transferee. The Transfer Notice shall be signed by both the Participant Optionee and the Proposed Transferee and must constitute a binding commitment of the Participant Optionee and the Proposed Transferee for the transfer of the Transfer Shares to the Proposed Transferee subject only to the Right of First Refusal.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Liposcience Inc), Nonqualified Stock Option Agreement (Liposcience Inc)

Notice of Proposed Transfer. Prior to any proposed transfer of the --------------------------- Transfer Shares, the Participant Optionee shall deliver give a written notice (the "Transfer Notice") to the Company describing fully the proposed transfer, including the number of Transfer Shares, the name and address of the proposed transferee (the "Proposed Transferee") and, if the transfer is voluntary, the proposed transfer price, price and containing such information necessary to show the bona fide nature of the proposed transfer. In the event of a bona fide gift or involuntary transfer, the proposed transfer price shall be deemed to be the Fair Market Value fair market value of the Transfer Shares, Shares as determined by the Board Company in good faith. If In the Participant event the Optionee proposes to transfer any Transfer Shares to more than one (1) Proposed Transferee, the Participant Optionee shall provide a separate Transfer Notice for the proposed transfer to each Proposed Transferee. The Transfer Notice shall be signed by both the Participant Optionee and the Proposed Transferee and must constitute a binding commitment of the Participant Optionee and the Proposed Transferee for the transfer of the Transfer Shares to the Proposed Transferee subject only to the Right of First Refusal.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Liposcience Inc), Nonqualified Stock Option Agreement (Liposcience Inc)

Notice of Proposed Transfer. Prior to any proposed transfer of the Transfer Shares, the Participant Optionee shall deliver give a written notice (the "Transfer Notice") to the Company describing fully the proposed transfer, including the number of Transfer Shares, the name and address of the proposed transferee (the "Proposed Transferee") and, if the transfer is voluntary, the proposed transfer price, and containing such information necessary to show the bona fide nature of the proposed transfer. In the event of a bona fide gift or involuntary transfer, the proposed transfer price shall be deemed to be the Fair Market Value of the Transfer Shares, as determined by the Board in good faith. If the Participant Optionee proposes to transfer any Transfer Shares to more than one Proposed Transferee, the Participant Optionee shall provide a separate Transfer Notice for the proposed transfer to each Proposed Transferee. The Transfer Notice shall be signed by both the Participant Optionee and the Proposed Transferee and must constitute a binding commitment of the Participant Optionee and the Proposed Transferee for the transfer of the Transfer Shares to the Proposed Transferee subject only to the Right of First Refusal.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Cisco Systems Inc), Stock Option Agreement (Cisco Systems Inc)

Notice of Proposed Transfer. Prior to any proposed transfer of the Transfer Shares, the Participant shall deliver written notice (the "Transfer Notice") to the Company describing fully the proposed transfer, including the number of Transfer Shares, the name and address of the proposed transferee (the "Proposed Transferee") and, if the transfer is voluntary, the proposed transfer price, and containing such information necessary to show the bona fide nature of the proposed transfer. In the event of a bona fide gift or involuntary transfer, the proposed transfer price shall be deemed to be the Fair Market Value of the Transfer Shares, as determined by the Board in good faith. If the Participant proposes to transfer any Transfer Shares to more than one Proposed Transferee, the Participant shall provide a separate Transfer Notice for the proposed transfer to each Proposed Transferee. The Transfer Notice shall be signed by both the Participant and the Proposed Transferee and must constitute a binding commitment of the Participant and the Proposed Transferee for the transfer of the Transfer Shares to the Proposed Transferee subject only to the Right of First Refusal.

Appears in 2 contracts

Samples: Stock Purchase Agreement (CreditCards.com, Inc.), CreditCards.com, Inc.

Notice of Proposed Transfer. Prior to any proposed transfer of the Transfer Shares, the Participant Holder shall deliver written notice (the “Transfer Notice”) to the Company describing fully the proposed transfer, including the number of Transfer Shares, the name and address of the proposed transferee (the “Proposed Transferee”) and, if the transfer is voluntary, the proposed transfer price, and containing such information necessary to show the bona fide nature of the proposed transfer. In the event of a bona fide gift or involuntary transfer, the proposed transfer price shall be deemed to be the Fair Market Value fair market value of the Transfer Shares, as determined in good faith by the Company’s Board in good faithof Directors. If the Participant Holder proposes to transfer any Transfer Shares to more than one Proposed Transferee, the Participant Holder shall provide a separate Transfer Notice for the proposed transfer to each Proposed Transferee. The Transfer Notice shall be signed by both the Participant Holder and the Proposed Transferee and must constitute a binding commitment of the Participant Holder and the Proposed Transferee for the transfer of the Transfer Shares to the Proposed Transferee subject only to the Right of First Refusal.

Appears in 2 contracts

Samples: Marrone Bio Innovations Inc, Marrone Bio Innovations Inc

Notice of Proposed Transfer. Prior to any proposed transfer of the Transfer Shares, the Participant Optionee shall deliver written notice (the “Transfer Notice”"TRANSFER NOTICE") to the Company describing fully the proposed transfer, including the number of Transfer Shares, the name and address of the proposed transferee (the “Proposed Transferee”"PROPOSED TRANSFEREE") and, if the transfer is voluntary, the proposed transfer price, and containing such information necessary to show the bona fide nature of the proposed transfer. In the event of a bona fide gift or involuntary transfer, the proposed transfer price shall be deemed to be the Fair Market Value of the Transfer Shares, as determined by the Board Committee in good faith. If the Participant Optionee proposes to transfer any Transfer Shares to more than one Proposed Transferee, the Participant Optionee shall provide a separate Transfer Notice for the proposed transfer to each Proposed Transferee. The Transfer Notice shall be signed by both the Participant Optionee and the Proposed Transferee and must constitute a binding commitment of the Participant Optionee and the Proposed Transferee for the transfer of the Transfer Shares to the Proposed Transferee subject only to the Right of First Refusal.

Appears in 1 contract

Samples: Telect Inc

Notice of Proposed Transfer. Prior to any proposed transfer of the Transfer Shares, the Participant Optionee shall deliver give a written notice (the “Transfer Notice”"TRANSFER NOTICE") to the Company describing fully the proposed transfer, including the number of Transfer Shares, the name and address of the proposed transferee (the “Proposed Transferee”"PROPOSED TRANSFEREE") and, if the transfer is voluntary, the proposed transfer price, price and containing such information necessary to show the bona fide nature of the proposed transfer. In the event of a bona fide gift or involuntary transfer, the proposed transfer price shall be deemed to be the Fair Market Value fair market value of the Transfer Shares, Shares as determined by the Board Company in good faith. If In the Participant event the Optionee proposes to transfer any Transfer Shares to more than one (1) Proposed Transferee, the Participant Optionee shall provide a separate Transfer Notice for the proposed transfer to each Proposed Transferee. The Transfer Notice shall be signed by both the Participant Optionee and the Proposed Transferee and must constitute a binding commitment of the Participant Optionee and the Proposed Transferee for the transfer of the Transfer Shares to the Proposed Transferee subject only to the Right of First Refusal.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Ciena Corp)

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Notice of Proposed Transfer. Prior to any proposed transfer of the Transfer Shares, the Participant shall deliver written notice (the "Transfer Notice") to the Company describing fully the proposed transfer, including the number of Transfer Shares, the name and address of the proposed transferee (the "Proposed Transferee") and, if the transfer is voluntary, the proposed transfer price, and containing such information necessary to show the bona fide nature of the proposed transfer. In the event of a bona fide gift or involuntary transfer, the proposed transfer price shall be deemed to be the Fair Market Value fair market value of the Transfer Shares, as determined by the Board or the Committee in good faith. If the Participant proposes to transfer any Transfer Shares to more than one Proposed Transferee, the Participant shall provide a separate Transfer Notice for the proposed transfer to each Proposed Transferee. The Transfer Notice shall be signed by both the Participant and the Proposed Transferee and must constitute a binding commitment of the Participant and the Proposed Transferee for the transfer of the Transfer Shares to the Proposed Transferee subject only to the Right of First Refusal.

Appears in 1 contract

Samples: Stock Option Agreement (PROS Holdings, Inc.)

Notice of Proposed Transfer. Prior to any proposed transfer of the Transfer Shares, the Participant Optionee shall deliver give a written notice (the “Transfer Notice”"TRANSFER NOTICE") to the Company describing fully the proposed transfer, including the number of Transfer Shares, the name and address of the proposed transferee transferee. (the “Proposed Transferee”"PROPOSED TRANSFEREE") and, if the transfer is voluntary, the proposed transfer price, and containing such information necessary to show the bona fide nature of the proposed transfer. In the event of a bona fide gift or involuntary transfer, the proposed transfer price shall be deemed to be the Fair Market Value of the Transfer Shares, as determined by the Board in good faith. If the Participant Optionee proposes to transfer any Transfer Shares to more than one Proposed Transferee, the Participant Optionee shall provide a separate Transfer Notice for the proposed transfer to each Proposed Transferee. The Transfer Notice shall be signed by both the Participant Optionee and the Proposed Transferee and must constitute a binding commitment of the Participant Optionee and the Proposed Transferee for the transfer of the Transfer Shares to the Proposed Transferee subject only to the Right of First Refusal.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Netscape Communications Corp)

Notice of Proposed Transfer. Prior to any proposed transfer of the Transfer Shares, the Participant shall deliver written notice (the “Transfer Notice”) to the Company describing fully the proposed transfer, including the number of Transfer Shares, the name and address of the proposed transferee (the “Proposed Transferee”) and, if the transfer is voluntary, the proposed transfer price, and containing such information necessary to show the bona fide nature of the proposed transfer. In the event of a bona fide gift or involuntary transfer, the proposed transfer price shall be deemed to be the Fair Market Value of the Transfer Shares, as determined by the Board in good faith. If the Participant proposes to transfer any Transfer Shares to more than one Proposed Transferee, the Participant shall provide a separate Transfer Notice for the proposed transfer to each Proposed Transferee. The Transfer Notice shall be signed by both the Participant and the Proposed Transferee and must constitute a binding commitment of the Participant and the Proposed Transferee for the transfer of the Transfer Shares to the Proposed Transferee subject only to the Right of First Refusal.

Appears in 1 contract

Samples: Stock Option Agreement (Conatus Pharmaceuticals Inc.)

Notice of Proposed Transfer. Prior to any proposed transfer of the Transfer Shares, the Participant Optionee shall deliver written notice (the "Transfer Notice") to the Company describing fully the proposed transfer, including the number of Transfer Shares, the name and address of the proposed transferee (the "Proposed Transferee") and, if the transfer is voluntary, the proposed transfer price, and containing such information necessary to show the bona fide nature of the proposed transfer. In the event of a bona fide gift or involuntary transfer, the proposed transfer price shall be deemed to be the Fair Market Value of the Transfer Shares, as determined by the Board in good faith. If the Participant Optionee proposes to transfer any Transfer Shares to more than one Proposed Transferee, the Participant Optionee shall provide a separate Transfer Notice for the proposed transfer to each Proposed Transferee. The Transfer Notice shall be signed by both the Participant Optionee and the Proposed Transferee and must constitute a binding commitment of the Participant Optionee and the Proposed Transferee for the transfer of the Transfer Shares to the Proposed Transferee subject only to the Right of First Refusal.

Appears in 1 contract

Samples: Option Grant Agreement (Migratec Inc)

Notice of Proposed Transfer. Prior to any proposed transfer of the Transfer Shares, the Participant Optionee shall deliver written notice (the " Transfer Notice”Notice " ) to the Company describing fully the proposed transfer, including the number of Transfer Shares, the name and address of the proposed transferee (the " Proposed Transferee”Transferee " ) and, if the transfer is voluntary, the proposed transfer price, and containing such information necessary to show the bona fide nature of the proposed transfer. In the event of a bona fide gift or involuntary transfer, the proposed transfer price shall be deemed to be the Fair Market Value of the Transfer Shares, as determined by the Board in good faith. If the Participant Optionee proposes to transfer any Transfer Shares to more than one Proposed Transferee, the Participant Optionee shall provide a separate Transfer Notice for the proposed transfer to each Proposed Transferee. The Transfer Notice shall be signed by both the Participant Optionee and the Proposed Transferee and must constitute a binding commitment of the Participant Optionee and the Proposed Transferee for the transfer of the Transfer Shares to the Proposed Transferee subject only to the Right of First Refusal.

Appears in 1 contract

Samples: Stock Option Plan (Composite Technology Corp)

Notice of Proposed Transfer. Prior to any proposed transfer of the Transfer Shares, the Participant shall must deliver written notice (the “Transfer Notice”) to the Company describing fully the proposed transfer, including the number of Transfer Shares, the name and address of the proposed transferee (the “Proposed Transferee”) and, if the transfer is voluntary, the proposed transfer price, and containing such information necessary to show the bona fide nature of the proposed transfer. In the event of a bona fide gift or involuntary transfer, the proposed transfer price shall will be deemed to be the Fair Market Value of the Transfer Shares, as determined by the Board in good faith. If the Participant proposes to transfer any Transfer Shares to more than one Proposed Transferee, the Participant shall must provide a separate Transfer Notice for the proposed transfer to each Proposed Transferee. The Transfer Notice shall must be signed by both the Participant and the Proposed Transferee and must constitute a binding commitment of the Participant and the Proposed Transferee for the transfer of the Transfer Shares to the Proposed Transferee subject only to the Right of First Refusal.

Appears in 1 contract

Samples: Stock Option Agreement (Alpha Teknova, Inc.)

Notice of Proposed Transfer. Prior to any proposed transfer of the Transfer Shares, the Participant Optionee shall deliver written notice (the “Transfer Notice”) to the Company describing fully the proposed transfer, including the number of Transfer Shares, the name and address of the proposed transferee (the “Proposed Transferee”) and, if the transfer is voluntary, the proposed transfer price, and containing such information necessary to show the bona fide nature of the proposed transfer. In the event of a bona fide gift or involuntary transfer, the proposed transfer price shall be deemed to be the Fair Market Value of the Transfer Shares, as determined by the Board in good faith. If the Participant Optionee proposes to transfer any Transfer Shares to more than one Proposed Transferee, the Participant Optionee shall provide a separate Transfer Notice for the proposed transfer to each Proposed Transferee. The Transfer Notice shall be signed by both the Participant Optionee and the Proposed Transferee and must constitute a binding commitment of the Participant Optionee and the Proposed Transferee for the transfer of the Transfer Shares to the Proposed Transferee subject only to the Right of First Refusal.

Appears in 1 contract

Samples: Stock Option Agreement (Qualcomm Inc/De)

Notice of Proposed Transfer. Prior to any proposed transfer of the Transfer Shares, the Participant Holder shall deliver written notice (the “Transfer Notice”"TRANSFER NOTICE") to the Company describing fully the proposed transfer, including the number of Transfer Shares, the name and address of the proposed transferee (the “Proposed Transferee”"PROPOSED TRANSFEREE") and, if the transfer is voluntary, the proposed transfer price, and containing such information necessary to show the bona fide nature of the proposed transfer. In the event of a bona fide gift or involuntary transfer, the proposed transfer price shall be deemed to be the Fair Market Value of the Transfer Shares, as determined by the Board in good faith. If the Participant Holder proposes to transfer any Transfer Shares to more than one Proposed Transferee, the Participant Holder shall provide a separate Transfer Notice for the proposed transfer to each Proposed Transferee. The Transfer Notice shall be signed by both the Participant Holder and the Proposed Transferee and must constitute a binding commitment of the Participant Holder and the Proposed Transferee for the transfer of the Transfer Shares to the Proposed Transferee subject only to the Right of First Refusal.

Appears in 1 contract

Samples: Santarus Inc

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