Common use of Transfers of Common Stock Clause in Contracts

Transfers of Common Stock. Nothing in this Agreement shall be construed to restrict the sale, transfer or other disposition of Common Stock beneficially owned by either party. Shares transferred by either party to a person or entity who is not a party to this Agreement may be transferred free and clear of any rights and obligations under this

Appears in 1 contract

Sources: Voting Agreement (Domaines Barons De Rothschild /Lafite/)

Transfers of Common Stock. Nothing in this Agreement shall be construed to restrict the sale, transfer or other disposition of Common Stock beneficially owned by either party. Shares transferred by either party to a person or entity who is not a party to this Agreement may be transferred free and clear of any rights and obligations under thisthis Agreement; provided, the transferor no longer has beneficial ownership of or voting control over the transferred Common Stock.

Appears in 1 contract

Sources: Voting Agreement (Chalone Wine Group LTD)