Joinder to This Agreement. No Transfer of Shares permitted under the terms of this Section 2.2 shall be effective unless, and it shall be a condition to any such Transfer of any Shares that, the transferee of such Shares has delivered to the Company a written acknowledgment and agreement in form and substance reasonably satisfactory to the Company to the effect that the transferee will be bound by the terms and conditions of this Agreement to the same extent as the holder Transferring such Shares is bound at the time of such Transfer.
Appears in 2 contracts
Sources: Stockholders Agreement (Michaels Stores Inc), Stockholders Agreement (Michaels Stores Inc)