Restrictions on the transfer of shares

A transfer restriction is a provision that blocks a stockholder from being able to transfer shares (or economic or other rights under the shares) to another ...

DGCL Sec. 202 - Restrictions on transfer of stock - Open Casebooks

There are a variety of common restrictions that are often included in the private company context, including rights of first refusal, buy-sell agreements, or ...

Capital Markets, Drafting Guide - Stock Restriction Agreements

Generally, the shareholder is not permitted to transfer any shares except with permission by the company. This provision may require a restrictive legend to be ...

should we include transfer restrictions in our bylaws - Orrick

A transfer restriction is a provision that blocks a stockholder from being able to transfer shares (or economic or other rights under the shares) to another ...

Transfer Restrictions | Practical Law - Westlaw

Transfer restrictions are terms that prevent the transfer of securities. They can be required by any of the following: Statute (such as the hold period ...

Should We Include Transfer Restrictions in Our Bylaws?

Transfer restrictions are one of the principal tools that startups use to prevent secondary transfers of their capital stock and maintain tight control over ...

Stock Transfer Restrictions in Closely-Held Corporations and LLCs

A stock transfer restriction is essentially a contract between the shareholders of the corporation or members of the LLC. Therefore, the owners ...

Stock Transfer Restrictions and Rights - Founders Circle Capital

Rule 144 allows sellers of restricted stock to resell exercised shares if held for at least one year after the exercise date. It also allows buyers to purchase ...

Stock Transfer Restrictions: Continuing Uncertainties and a ...

' The reasons why corporations or stockholders may seek to im- pose restrictions upon the transfer of shares are nearly as diverse as the forms the restrictions ...

Transfer Restrictions in Shareholder Agreements - Beresford Booth

A sound shareholder agreement typically begins with an outright prohibition on transfer. Once a general prohibition on any transfer is in place, ...

Navigating Indirect Transfer Restrictions - Bloomberg Law

Equity investors in private companies almost always agree to restrictions on their right to transfer their shares or other equity interests. Those restrictions ...

§ 13.1-649. Restriction on transfer of shares and other securities

§ 13.1-649. Restriction on transfer of shares and other securities. A. The articles of incorporation, the bylaws, an agreement among shareholders, or an ...

Restrictions on the transfer of shares: between contractual freedom ...

The legal regime of the public limited company is that of free negotiability of its shares: in the absence of a rule established by the shareholders on the ...

Share Transfer Restrictions – Sometimes We Want Them ...

You can have tight restrictions on transfer apply to the voting stock and little or no restrictions applicable to the non-voting stock.

Restrictions on Transfer of Shares Sample Clauses - Law Insider

Restrictions on Transfer of Shares. ... Any purported transfer or encumbrance in violation of the provisions of this Section 3 shall be void, and the other party ...

SAMPLE AGREEMENT RESTRICTING TRANSFER OF SHARES

Any or all of the restricted shares may be transferred at any time with the prior written consent of the. Commissioner, and Company hereby consents to such ...

Stock Transfer Restrictions - Impact Terms Platform

Stock Transfer Restrictions. Investors and founders may agree to restrictions preventing the transfer of shares to buyers deemed not to be aligned with the ...

Stock Transfers - LawShelf

Because transfer restrictions can potentially permanently limit the market for shares by disqualifying all or some potential purchasers, if a restriction is ...

Restrictions on Transfer Sample Clauses - Law Insider

Restrictions on Transfer. (a) The Preferred Stock and the Registrable Securities shall not be sold, pledged, or otherwise transferred, and the Company shall ...

Restrictions on transfer of shares - FREE Legal Information

Private corporations – transfer of shares. In privately owned corporations, when transferring shares shareholders must adhere to the restrictions and conditions ...