Common use of Restriction on Transfer Clause in Contracts

Restriction on Transfer. Except for the escrow described in Section 6 or the transfer of the Shares to the Company or its assignees contemplated by this Agreement, none of the Shares or any beneficial interest therein shall be transferred, encumbered or otherwise disposed of in any way until such Shares are released from the Company's Repurchase Option in accordance with the provisions of this Agreement, other than by will or the laws of descent and distribution.

Appears in 10 contracts

Samples: Stock Option Agreement (Spectrx Inc), Security Agreement (Roxio Inc), Restricted Stock Purchase Agreement (Copart Inc)

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Restriction on Transfer. Except for the escrow described in Section 6 or the transfer of the Shares to the Company or its assignees contemplated by this Agreement, none of the Shares or any beneficial interest therein shall be transferred, encumbered or otherwise disposed of in any way until the release of such Shares are released from the Company's Repurchase Option ’s repurchase option in accordance with the provisions of this Agreement, other than by will or the laws of descent and distribution.

Appears in 7 contracts

Samples: Restricted Stock Award Agreement (U.S. Rare Earths, Inc), Restricted Stock Award Agreement (U.S. Rare Earths, Inc), Restricted Stock Award Agreement (U.S. Rare Earths, Inc)

Restriction on Transfer. Except for the escrow described in Section 6 7 or the transfer of the Shares to the Company or its assignees contemplated by this Agreement, none of the Shares or any beneficial interest therein shall be transferred, encumbered or otherwise disposed of in any way until the release of such Shares are released from the Company's Repurchase Option in accordance with the provisions of this Agreement, other than by will or the laws of descent and distribution.

Appears in 7 contracts

Samples: Security Agreement (Avanex Corp), Security Agreement (Avanex Corp), Security Agreement (Avanex Corp)

Restriction on Transfer. Except for the escrow described in Section 6 4 hereof or the transfer of the Shares to the Company or its assignees as contemplated by this Agreement, none of the Shares or any beneficial interest therein shall be transferred, encumbered encumbered, pledged or otherwise alienated or disposed of in any way until such the Shares are released from the Company's Repurchase Option become nonforfeitable in accordance with the provisions Section 2 of this Agreement, other than by will or the laws of descent and distribution.

Appears in 6 contracts

Samples: Restricted Stock Agreement (First Commonwealth Financial Corp /Pa/), Restricted Stock Agreement (First Commonwealth Financial Corp /Pa/), Restricted Stock Agreement (Susquehanna Bancshares Inc)

Restriction on Transfer. Except for the escrow described in Section 6 7 or the transfer of the Shares to the Company or its assignees contemplated by this Agreement, none of the Shares or any beneficial interest therein shall be transferred, encumbered or otherwise disposed of in any way until the release of such Shares are released from the Company's Repurchase Option in accordance with the provisions of this Agreement, other than by will or the laws of descent and distribution.

Appears in 5 contracts

Samples: Security Agreement (Avanex Corp), Security Agreement (Avanex Corp), Restricted Stock Purchase Agreement (Avanex Corp)

Restriction on Transfer. Except for the escrow described in Section 6 ----------------------- or the transfer of the Shares to the Company or its assignees contemplated by this Agreement, none of the Shares or any beneficial interest therein shall be transferred, encumbered or otherwise disposed of in any way until such Shares are released from the Company's Repurchase Option in accordance with the provisions of this Agreement, other than by will or the laws of descent and distribution.

Appears in 4 contracts

Samples: Security Agreement (Biomarin Pharmaceutical Inc), Security Agreement (Biomarin Pharmaceutical Inc), Security Agreement (Biomarin Pharmaceutical Inc)

Restriction on Transfer. Except for the escrow described in Section 6 5 hereof or the transfer of the Shares to the Company or its assignees as contemplated by this Agreement, none of the Shares or any beneficial interest therein shall be transferred, encumbered encumbered, pledged or otherwise alienated or disposed of in any way until such the Shares are released from the Company's Repurchase Option become nonforfeitable in accordance with the provisions Section 3 of this Agreement, other than by will or the laws of descent and distribution.

Appears in 4 contracts

Samples: Restricted Stock Agreement (First Commonwealth Financial Corp /Pa/), Restricted Stock Agreement (First Commonwealth Financial Corp /Pa/), Restricted Stock Agreement (First Commonwealth Financial Corp /Pa/)

Restriction on Transfer. Except for the escrow described in Section 6 or the transfer of the Shares to the Company or its assignees contemplated by this Agreement, none of the Shares or any beneficial interest therein shall be transferred, encumbered or otherwise disposed of in any way until the release of such Shares are released from the Company's Repurchase Option repurchase option in accordance with the provisions of this Agreement, other than by will or the laws of descent and distribution.

Appears in 3 contracts

Samples: Restricted Stock Purchase Agreement (Silicon Energy Corp), Restricted Stock Purchase Agreement (Silicon Energy Corp), Restricted Stock Purchase Agreement (Silicon Energy Corp)

Restriction on Transfer. Except for the escrow described in Section 6 7 ----------------------- or the transfer of the Shares to the Company or its assignees contemplated by this Agreement, none of the Shares or nor any beneficial interest therein shall be transferred, encumbered or otherwise disposed of in any way until the release of such Shares are released from the Company's Repurchase Option in accordance with the provisions of this Agreement, other than by will or the laws of descent and distribution.

Appears in 2 contracts

Samples: Restricted Stock Purchase Agreement (Petsmart Com Inc), Stock Purchase Agreement (Petsmart Com Inc)

Restriction on Transfer. Except for the escrow described in Section 6 or the transfer of the Shares to the Company or its assignees contemplated by this Agreement, none of the Shares or any beneficial interest therein shall be transferred, encumbered or otherwise disposed of in any way until such Shares are released from the Company's ’s Repurchase Option in accordance with the provisions of this Agreement, other than by will or the laws of descent and distribution.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Somera Communications Inc), Stock Option Agreement (Netflix Inc)

Restriction on Transfer. Except for the escrow described in Section 6 7 of this Agreement or the transfer of the Shares to the Company or its assignees contemplated by this AgreementAgreement or the Pledge Agreement (in the form attached hereto as Exhibit B), none of the Shares or any beneficial interest therein shall be transferred, encumbered or otherwise disposed of in any way until the release of such Shares are released from the Company's Repurchase Option in accordance with the provisions of this Agreement, other than by will or the laws of descent and distribution.

Appears in 2 contracts

Samples: Restricted Stock Purchase Agreement (Nexsan Corp), Pledge Agreement (Nexsan Corp)

Restriction on Transfer. Except for the escrow described in Section 6 or the transfer of the Shares of Restricted Stock to the Company or its assignees contemplated by this Agreement, none of the Shares of Restricted Stock or any beneficial interest therein shall be transferred, encumbered or otherwise disposed of in any way until the release of such Shares are released of Restricted Stock from the Company's Repurchase Option Forfeiture Right in accordance with the provisions of this Agreement, other than by will or the laws of descent and distribution.

Appears in 2 contracts

Samples: Restricted Stock Agreement for Key Employees (Rational Software Corp), Restricted Stock Agreement (Rational Software Corp)

Restriction on Transfer. Except for the pledge and escrow described in Section Sections 2 and 6 or the transfer of the Shares to the Company or its assignees contemplated by this Agreement, none of the Shares or any beneficial interest therein shall be transferred, encumbered or otherwise disposed of in any way until the release of such Shares are released from the Company's Repurchase Option repurchase option in accordance with the provisions of this Agreement, other than by will or the laws of descent and distribution.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Spectrx Inc), Stock Purchase Agreement (Spectrx Inc)

Restriction on Transfer. Except for the escrow described in Section 6 or the transfer of the Shares to the Company or its assignees as contemplated by this Agreement, none of the Shares or any beneficial interest therein shall be transferred, encumbered or otherwise disposed of in any way until the release of such Shares are released from the Company's Repurchase Option ’s repurchase option in accordance with the provisions of this Agreement, other than by will or the laws of descent and distribution.

Appears in 2 contracts

Samples: Restricted Stock Purchase Agreement (Engenavis, Inc.), Restricted Stock Purchase Agreement (Engenavis, Inc.)

Restriction on Transfer. Except for the escrow described in Section 6 7 or the transfer of the Shares to the Company or its assignees contemplated by this Agreement, none of the Shares or nor any beneficial interest therein shall be transferred, encumbered or otherwise disposed of in any way until the release of such Shares are released from the Company's Repurchase Option in accordance with the provisions of this Agreement, other than by will or the laws of descent and distribution. 7.

Appears in 2 contracts

Samples: Restricted Stock Purchase Agreement (Rational Software Corp), Restricted Stock Purchase Agreement (Rational Software Corp)

Restriction on Transfer. Except for the escrow Escrow described in Section 6 8 or the transfer of the Shares to the Company or its assignees contemplated by this Agreement, none of the Shares or nor any beneficial interest therein shall be transferred, encumbered or otherwise disposed of in any way until the release of such Shares are released from the Company's ’s Repurchase Option in accordance with the provisions of this Agreement, other than by will or the laws of descent and distribution.

Appears in 2 contracts

Samples: Restricted Stock Purchase Agreement, Restricted Stock Purchase Agreement (ReachLocal Inc)

Restriction on Transfer. Except for the escrow described in Section 6 or the transfer of the Shares to the Company or its assignees contemplated by this Agreement, none of the Shares or any beneficial interest therein shall will be transferred, encumbered or otherwise disposed of in any way until the release of such Shares are released from the Company's ’s Repurchase Option in accordance with the provisions of this Agreement, other than by will or the laws of descent and distribution.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Quicklogic Corporation)

Restriction on Transfer. Except for the escrow described in Section 6 7 ----------------------- or the transfer of the Shares to the Company or its assignees contemplated by this Agreement, none of the Shares or any beneficial interest therein shall be transferred, encumbered or otherwise disposed of in any way until the release of such Shares are released from the Company's Repurchase Option repurchase option in accordance with the provisions of this Agreement, other than by will or the laws of descent and distribution.

Appears in 1 contract

Samples: Stock Purchase Agreement (Medicode Inc)

Restriction on Transfer. Except for the escrow described in Section 6 7 or the transfer of the Shares to the Company or its assignees contemplated by this Agreement, none of the Shares or any beneficial interest therein shall will be transferred, encumbered or otherwise disposed of in any way until the release of such Shares are released from the Company's ’s Repurchase Option in accordance with the provisions of this Agreement, other than by will or the laws of descent and distribution.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Alien Technology Corp)

Restriction on Transfer. Except for the escrow described in Section 6 ----------------------- 5 or the transfer of the Shares to the Company or its assignees contemplated by this Agreement, none of the Shares or any beneficial interest therein shall be transferred, encumbered or otherwise disposed of in any way until the release of such Shares are released from the Company's Repurchase Forfeiture Option in accordance with the provisions of this Agreement, other than by will or the laws of descent and distribution.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Avanex Corp)

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Restriction on Transfer. Except for the escrow described in Section 6 or the transfer of the Shares to the Company or its assignees as contemplated by this Agreement, none Participant shall not transfer, encumber or otherwise dispose in any way of the Shares or any beneficial interest therein shall be transferred, encumbered or otherwise disposed until the release of in any way until such Shares are released from the Company's Repurchase Option in accordance with the provisions of this Agreement, other than by will or the laws of descent and distribution.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Standard Drilling, Inc.)

Restriction on Transfer. Except for the escrow described in Section 6 5 or the transfer of the Shares to the Company or its assignees contemplated by this Agreement, none of the Shares or any beneficial interest therein shall be transferred, encumbered or otherwise disposed of in any way until the release of such Shares are released from the Company's Repurchase Option repurchase option in accordance with the provisions of this Agreement, other than by will or the laws of descent and distribution.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Egroups Inc)

Restriction on Transfer. Except for the escrow described in Section 6 4 hereof or the transfer of the Shares to the Company or its assignees as contemplated by this Agreement, none of the Shares or any beneficial interest therein shall be transferred, encumbered encumbered, pledged or otherwise alienated or disposed of in any way until such the Shares are released from the Company's Repurchase Option become nonforfeitable in accordance with the provisions Section 2 of this Agreement, other than by will or the laws of descent and distribution.

Appears in 1 contract

Samples: Restricted Stock Agreement (Kirklands Inc)

Restriction on Transfer. Except for the escrow described in ----------------------- Section 6 7 or the transfer of the Shares to the Company or its assignees contemplated by this Agreement, none of the Shares or nor any beneficial interest therein shall be transferred, encumbered or otherwise disposed of in any way until the release of such Shares are released from the Company's Repurchase Option in accordance with the provisions of this Agreement, other than by will or the laws of descent and distribution.

Appears in 1 contract

Samples: Stock Purchase Agreement (Petsmart Com Inc)

Restriction on Transfer. Except for the escrow described in Section 6 5 ----------------------- or the transfer of the Shares to the Company or its assignees contemplated by this Agreement, none of the Shares or any beneficial interest therein shall be transferred, encumbered or otherwise disposed of in any way until the release of such Shares are released from the Company's Repurchase Forfeiture Option in accordance with the provisions of this Agreement, other than by will or the laws of descent and distribution.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Avanex Corp)

Restriction on Transfer. Except for the escrow described in Section 6 or the transfer of the Shares to the Company or its assignees contemplated by this Agreement, none of the Shares or any beneficial interest therein shall be transferred, encumbered or otherwise disposed of in any way until such Shares are released from the Company's Repurchase Option in accordance with the provisions provi- sions of this Agreement, other than by will or the laws of descent and distribution.

Appears in 1 contract

Samples: Stock Option Agreement and Restricted Stock Purchase Agreement (Cirrus Logic Inc)

Restriction on Transfer. Except for the escrow described in Section 6 7 or the transfer of the Shares to the Company or its assignees contemplated by this Agreement, none of the Shares or any beneficial interest therein shall be transferred, encumbered or otherwise disposed of in any way until the release of such Shares are released from the Company's Repurchase Option in accordance with the provisions of this Agreement, other than by will or the laws of descent and distribution.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Cloudastructure, Inc.)

Restriction on Transfer. Except for the escrow described in Section 6 5 or the transfer of the Shares to the Company or its assignees contemplated by this Agreement, none of the Shares or any beneficial interest therein shall be transferred, encumbered or otherwise disposed of in any way until the release of such Shares are released from the Company's Repurchase Option ’s repurchase option in accordance with the provisions of this Agreement, other than by will or the laws of descent and distribution.

Appears in 1 contract

Samples: Repurchase Option Agreement (Fermavir Pharmaceuticals, Inc.)

Restriction on Transfer. Except for the escrow described in Section 6 7 of this Agreement or the transfer of the Shares to the Company or its assignees contemplated by this AgreementAgreement or the Pledge Agreement (in the form attached hereto as Exhibit B), none of the Shares or any beneficial interest therein shall be transferred, encumbered or otherwise disposed of in any way until the release of such Shares are released from the Company's ’s Repurchase Option in accordance with the provisions of this Agreement, other than by will or the laws of descent and distribution.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Nexsan Corp)

Restriction on Transfer. Except for the escrow described in Section 6 7 ----------------------- or the transfer of the Shares to the Company or to its assignees contemplated by this AgreementAgreement (including the Company's right of first refusal contained in Section 8), none of the Shares or any beneficial interest therein shall be transferred, encumbered or otherwise disposed of in any way until the release of such Shares are released from the Company's Repurchase Option repurchase option in accordance with the provisions of this Agreement, other than by will or the laws of descent and distribution.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Usweb Corp)

Restriction on Transfer. Except for the escrow described in Section 6 or the transfer of the Shares to the Company or its assignees contemplated by this AgreementAgreement (and notwithstanding anything to the contrary in Section 9), none of the Shares or any beneficial interest therein shall be transferred, encumbered or otherwise disposed of in any way until the release of such Shares are released from the Company's Repurchase Option repurchase option in accordance with the provisions of this Agreement, other than by will or the laws of descent and distribution.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Cisco Systems Inc)

Restriction on Transfer. Except for the escrow described in Section 6 4 or the transfer of the Unreleased Shares to the Company or its assignees contemplated by this Agreement, none of the Purchased Shares or any beneficial interest therein shall be transferred, encumbered or otherwise disposed of in any way until such Purchased Shares are released from the Company's Repurchase Option become Released Shares in accordance with the provisions of this Agreement, other than by will or the laws of descent and distribution.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Diamond Hill Investment Group Inc)

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