Share Restriction Agreement Clause Samples

A Share Restriction Agreement is a contractual provision that limits the transfer, sale, or other disposition of shares held by certain parties, such as founders, employees, or early investors. Typically, this clause outlines specific conditions under which shares may be transferred, such as requiring company approval, offering shares to existing shareholders first, or imposing a lock-up period during which sales are prohibited. Its core practical function is to maintain control over the company’s ownership structure, prevent unwanted third parties from acquiring shares, and protect the interests of existing stakeholders.
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Share Restriction Agreement. Upon request by such Series D Purchaser that is not an existing shareholder of the Company, the Company and the applicable Founder Holding Companies shall have agreed and accepted to the deed of adherence to the Restricted Shares Agreements duly executed by such Series D Purchaser in substantially the form attached hereto as Exhibit F.
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Share Restriction Agreement. The Company shall have delivered to the Series C Purchasers the duly executed the share restriction agreement among the parties thereto in substantially the form attached hereto as Exhibit J (the “Share Restriction Agreement”).
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Share Restriction Agreement. Each of NeptunusBVI, ManagerCo and the Company shall have entered into a Share Restriction Agreement (the "SHARE RESTRICTION AGREEMENT") in substantially the form attached hereto as Exhibit F, and such agreement shall be in full force and effect.
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Share Restriction Agreement. Consultant hereby agrees that he will not, without the prior written consent of the Company (which consent may be withheld in its sole discretion), directly or indirectly, sell, offer, contract or grant any option to sell (including without limitation any short sale), pledge, transfer, establish an open "put equivalent position" within the meaning of Rule 16a-1(h) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise encumber or dispose of any shares of Common Stock of the Company owned by the Consultant on the date hereof (the "Owned Shares") or hereafter acquired or capable of being acquired upon the exercise of a stock option granted to Consultant by the Company (the "Option Shares"), whether such Common Stock is currently or hereafter owned either of record or beneficially (as defined in Rule 13d-3 under the Exchange Act) by Consultant, or publicly announce his intention to do any of the foregoing, for a period commencing on the date hereof and continuing thereafter as follows: (i) with respect to the Owned Shares, for a period commencing on the Effective Date and ending on December 31, 2003, (ii) with respect to the Option Shares, for a period commencing on the Effective Date and ending on December 31, 2004. Notwithstanding the release of the Owned Shares and Option Shares from the provisions of this paragraph 9(e), Consultant agrees that until December 6, 2005, at least an aggregate of 200,000 Owned Shares and Option Shares (as adjusted for any stock splits, combinations or dividends) owned by Consultant (whether Owned Shares or Option Shares) will remain subject to the restrictions of this paragraph 9(e). In the event that this Agreement is terminated by Company without Cause or by Consultant upon a Change of Control as provided in Section 7(d), the provisions of this Section 9(e) shall automatically terminate. The Consultant also agrees and consents to the entry of stop transfer instructions with the Company's transfer agent and registrar against the transfer of shares of Common Stock or securities convertible into or exchangeable or exercisable for Common Stock held by the Consultant except in compliance with the foregoing restrictions.
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Share Restriction Agreement. The Company and each Founder, respectively, shall have executed and delivered a Share Restriction Agreement.
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Share Restriction Agreement. Each of the Investors shall have entered into a Share Restriction Agreement in substantially the form attached hereto as Exhibit F, and such agreement shall be in full force and effect.
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Share Restriction Agreement. The Founders, the Holding Entity, the Company, NLVC and CTD shall have executed and delivered a Share Restriction Agreement in the form attached hereto as Exhibit C.
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Related to Share Restriction Agreement

  • Release of Restrictions Upon vesting of any portion of the shares of Restricted Stock and satisfaction of any other conditions required by the Plan or pursuant to this Restricted Stock Agreement, the Company shall promptly either issue a stock certificate, without such restricted legend, for any shares of the Restricted Stock that have vested, or, if the shares are held in book entry form, the Company shall remove the notations on the book form for any shares of the Restricted Stock that have vested.

  • AGE RESTRICTION You must be at least 18 (eighteen) years of age to use this Website or any Services contained herein. By using this Website, You represent and warrant that You are at least 18 years of age and may legally agree to this Agreement. The Company assumes no responsibility or liability for any misrepresentation of Your age.

  • Age Restrictions Drivers must be 21 years of age or over.

  • Use Restriction (a) If a natural disaster, incident or any other emergency situation occurs or is likely to occur, SORACOM may restrict the use of the SORACOM Air Global Service by the Subscriber in order to give priority to communications whose content are necessary for the prevention of or relief from calamities, for the securing of transportation, communications or electric power supply, the maintenance of public order or any other public interest. (b) If SORACOM detects any significant and/or continuous signal or transmission using a communication procedure or application which occupies the communication band used by SORACOM, SORACOM may control the transmission rate and traffic of such signal or transmission by controlling the communication band allocated to such signal or transmission. (c) SORACOM may suspend or limit the use of the SORACOM Air Global Service by the Subscriber, if: (i) the Subscriber delays in performing or fails to perform any payment obligation or any other obligation under the Agreement; (ii) the Subscriber gives a false information to SORACOM; (iii) SORACOM deems that the Subscriber violates Section 13.1 below; (iv) the Subscriber falls under any of the items of Section 3.2; (v) the credit card account designated by the Subscriber is invalid, unavailable or cannot be used or recognized; or

  • Trading Restrictions The Company may establish periods from time to time during which Participant’s ability to engage in transactions involving the Company’s Common Stock is subject to specific restrictions (“Restricted Periods”). Participant may be subject to restrictions giving rise to a Restricted Period for any reason that the Company determines appropriate, including, restrictions generally applicable to employees or groups of employees or restrictions applicable to Participant during an investigation of allegations of misconduct or conduct detrimental to the Company or any Affiliate by Participant.