Common use of Transfer to Third Party Purchaser Clause in Contracts

Transfer to Third Party Purchaser. The provisions of Section 2.01 shall not apply to any Transfer by any Stockholder pursuant to a merger, stock sale, consolidation or other business combination of Parent with a Third Party Purchaser approved by the board of directors of Parent that results in a change in control of Parent.

Appears in 3 contracts

Sources: Registration Rights and Lockup Agreement (Lordstown Motors Corp.), Stockholder Agreement (Workhorse Group Inc.), Merger Agreement (DiamondPeak Holdings Corp.)

Transfer to Third Party Purchaser. The provisions of Section 2.01 3.01 shall not apply to any Transfer by any Stockholder pursuant to a merger, stock sale, consolidation or other business combination of Parent the Company with a Third Party Purchaser approved by the board of directors of Parent that results in a change in control of Parentthe Company.

Appears in 2 contracts

Sources: Stockholders Agreement (DraftKings Inc.), Business Combination Agreement (Diamond Eagle Acquisition Corp. \ DE)

Transfer to Third Party Purchaser. The provisions of Section 2.01 shall not apply to any Transfer by any Stockholder pursuant to a merger, stock sale, consolidation or other business combination of Parent the Company with a Third Party Purchaser approved by the board of directors of Parent that results in a change in control of Parentthe Company.

Appears in 1 contract

Sources: Investor Rights Agreement (Tailwind Acquisition Corp.)