Common use of General Restriction on Transfer Clause in Contracts

General Restriction on Transfer. In the event that shares of the Class A Stock become listed on a national securities exchange or quoted in the National Market List of NASDAQ, then and in that event the provisions of Article VI shall cease to be operative, and Dan ▇▇▇ll not, voluntarily or involuntarily, by operation of law or otherwise, sell, mortgage, pledge, hypothecate, assign as a security, grant or permit to exist or continue a security interest in, or in any way transfer by gift, will, trust or intestate succession any of the Option Shares, except to a Permitted Transferee as provided in Section 12.2(a) or except as specifically provided in this Article VII. Any attempt by Dan ▇▇ do any of the aforementioned acts or otherwise to alienate or dispose of any Option Shares, except in accordance with this Agreement, shall be null and void.

General Restriction on Transfer. In the event that shares of the Class A Stock become listed on a national securities exchange or quoted in the National Market List of NASDAQ, then and in that event the provisions of Article VI shall cease to be operative, and Dan Ken ▇▇▇ll not, voluntarily or involuntarily, by operation of law or otherwise, sell, mortgage, pledge, hypothecate, assign as a security, grant or permit to exist or continue a security interest in, or in any 33 38 way transfer by gift, will, trust or intestate succession any of the Option Shares, except to a Permitted Transferee as provided in Section 12.2(a) or except as specifically provided in this Article VII. Any attempt by Dan Ken ▇▇ do any of the aforementioned acts or otherwise to alienate or dispose of any Option Shares, except in accordance with this Agreement, shall be null and void.

General Restriction on Transfer. In the event that shares of the Class A Stock become listed on a national securities exchange or quoted in the National Market List of NASDAQ, then and in that event the provisions of Article VI shall cease to be operative, and Dan Mich▇▇▇ ▇▇▇ll not, voluntarily or involuntarily, by operation of law or otherwise, sell, mortgage, pledge, hypothecate, assign as a security, grant or permit to exist or continue a security interest in, or in any way transfer by gift, will, trust or intestate succession any of the Option Shares, except to a Permitted Transferee as provided in Section 12.2(a) or except as specifically provided in this Article VII. Any attempt by Dan Mich▇▇▇ ▇▇ do any of the aforementioned acts or otherwise to alienate or dispose of any Option Shares, except in accordance with this Agreement, shall be null and void.

General Restriction on Transfer. In the event that shares of the Class A Stock become listed on a national securities exchange or quoted in the National Market List of NASDAQ, then and in that event the provisions of Article VI III shall cease to be operative, and Dan Mich▇▇▇ ▇▇▇ll not, voluntarily or involuntarily, by operation of law or otherwise, sell, mortgage, pledge, hypothecate, assign as a security, grant or permit to exist or continue a security interest in, or in any way transfer by gift, will, trust or intestate succession any of the Option Restricted Shares, except to a Permitted Transferee as provided in Section 12.2(a9.2(a) or except as specifically provided in this Article VIIIV. Any attempt by Dan Mich▇▇▇ ▇▇ do any of the aforementioned acts or otherwise to alienate or dispose of any Option Restricted Shares, except in accordance with this Agreement, shall be null and void.