Common use of Permitted Transfer Procedures Clause in Contracts

Permitted Transfer Procedures. If any Shareholder desires to Transfer all or any portion of its Ordinary Shares to its Affiliate under this Section 3.1, it shall give ---------- * Confidential material redacted and filed separately with the Commission. notice to the Company (and the Company shall give notice to the other Shareholder) of its intention to make such Transfer not less than five (5) days prior to effecting such Transfer, which notice shall state the name and address of each Affiliate to whom such Transfer is proposed and the number of Ordinary Shares proposed to be transferred to such Affiliate.

Permitted Transfer Procedures. If any Shareholder desires wishes to Transfer all or any portion of its Ordinary transfer Shares to its Affiliate a Permitted Transferee under this Section 3.1, it shall give ---------- * Confidential material redacted and filed separately with the Commission. notice to the Company (and the Company 3.2 such Shareholder shall give notice to the other Shareholder) Company of its intention to make such Transfer a transfer not less than five ten (510) days prior to effecting such Transfertransfer, which notice shall state (i) the name and address of each Affiliate Permitted Transferee to whom such Transfer transfer is proposed proposed, (ii) the relationship of such Permitted Transferee to such Shareholder, and (iii) the number of Ordinary Shares proposed to be transferred to such AffiliatePermitted Transferee.