Common use of Transferee Bound by Agreement Clause in Contracts

Transferee Bound by Agreement. Prior to the Conversion Date, the Shares subject to the Award that are owned or controlled by a Transferee (including a Permitted Transferee) shall for all purposes be subject to the terms of this Agreement (as if the Transferee were Participant), whether or not such Transferee has executed a consent to be bound by this Agreement.

Appears in 3 contracts

Sources: Restricted Stock Award Agreement (William Lyon Homes), Restricted Stock Award Agreement (William Lyon Homes), Restricted Stock Award Agreement (William Lyon Homes)