No Restrictions on Transfer. Notwithstanding anything to the contrary herein or in the Certificate of Designations, Chucktaylor may (a) sell, assign or otherwise transfer any shares of Victory Preferred Stock that are Beneficially Owned by Chucktaylor, except for the Option Shares or (b) pledge, hypothecate or otherwise encumber any such shares of Victory Preferred Stock.
Appears in 3 contracts
Sources: Governance and Repurchase Rights Agreement, Governance and Repurchase Rights Agreement (Verint Systems Inc), Governance and Repurchase Rights Agreement (Comverse Technology Inc/Ny/)