Common use of REQUIREMENTS FOR TRANSFEREE BECOMING A SUBSTITUTED INITIAL SHAREHOLDER Clause in Contracts

REQUIREMENTS FOR TRANSFEREE BECOMING A SUBSTITUTED INITIAL SHAREHOLDER. No transferee shall become a "Substituted Initial Shareholder" in the Company unless all of the following conditions are satisfied:

Appears in 3 contracts

Sources: Shareholder Agreement (BGR Corp), Operating Agreement (BGR Corp), Shareholder Agreement (BGR Corp)