EXEMPT BAJAJ TRANSFER

EXEMPT BAJAJ TRANSFER. Means (i) any Transfer by a member of the Bajaj Group to another member of the Bajaj Group, (ii) any Transfer by a member of the Bajaj Group to any Investor, (iii) any Transfer pursuant to applicable laws of descent and distribution, (iv) any Transfer pursuant to any of the transfer provisions of the Senior Management Agreement with Ken Bajaj as such transfer provisions are in effect as of the date hereof, (v) any Transfer pursuant to the Bajaj Free Transferability Agreement, or (vi) any... Transfer of shares of Common Stock which, when aggregated with all other prior Transfers of shares of Common Stock after the date hereof by the Bajaj Group (without taking into account any Transfers pursuant to any other clause of this definition (other than clause (v)), would result in the Bajaj Group having Transferred less than 10% of the number of shares of Common Stock held by the Bajaj Group as of the date hereof (as such number is adjusted for stock splits, stock dividends, stock combinations and similar transactions). View More