Common use of Approved Transfers Clause in Contracts

Approved Transfers. Any Family Holder may transfer any shares of Common Stock to any other person, firm or entity with the prior written consent of SIK (which SIK may withhold for any reason or for no reason in his sole discretion).

Appears in 2 contracts

Sources: Family Stockholders Agreement (Kahn Stephen I), Family Stockholders Agreement (Kahn Stephen I)