Common use of AGREEMENT BINDING UPON TRANSFEREES Clause in Contracts

AGREEMENT BINDING UPON TRANSFEREES. In the event that, at any time or from time to time, any shares of Stock are transferred to any party (other than the Corporation or any Stockholder) pursuant to any provision hereof, the transferee shall take such shares of Stock pursuant to all provisions, conditions and covenants of this Agreement, and, as a condition precedent to the effectiveness of such transfer of such shares of Stock, the transferee shall agree (for and on behalf of himself, herself or itself, his, her or its legal representatives and his, her or its transferees and assigns) in writing to be bound by all provisions of this Agreement as a party hereto and in the capacity of a Stockholder. In the event that there shall be any transfer to any person or entity pursuant to any provision of this Agreement and in compliance with the provisions of this Section2.3, all references herein to the Stockholders or to any Stockholder shall thereafter be deemed to include such transferee.