Permitted Transfer

Permitted Transfer. Means a Transfer of Covered Company Securities by each Stockholder (a) in connection with the exercise, conversion, vesting or settlement of Company Equity Awards or Company Preferred Stock (including the net settlement of such equity or sale of underlying shares of Company Common Stock in order to pay any exercise price and any tax withholding obligations in connection therewith), or (b) to any Affiliate of such Stockholder; provided, however, that in the case of the foregoing clause (b), any... such Transfer shall only be a Permitted Transfer if and to the extent that the transferee of such Covered Company Securities evidences in a writing in form and substance reasonably satisfactory to Parent such transferee's agreement to be bound by and subject to the terms and provisions hereof to the same effect as the transferring Stockholder, and upon such transfer to be deemed a Stockholder hereunder. View More

Permitted Transfer. Means, in each case, with respect to each Supporting Motor Shareholder, so long as (i) such Transfer is in accordance with applicable Law and such Supporting Motor Shareholder is, and at all times has been, in compliance with this Agreement and (ii) any Transfer of Subject Securities by the Supporting Motor Shareholder to another Supporting Motor Shareholder or to an Affiliate of such transferring Supporting Motor Shareholder, so long as such Affiliate, in connection with, and prior to, such... Transfer, executes a joinder to this Agreement, in form and substance reasonably acceptable to Motor, pursuant to which such Affiliate agrees to become a party to this Agreement and be subject to the restrictions and obligations hereof and otherwise become a party for all purposes of this Agreement. View More

Permitted Transfer. Means, in each case, with respect to each Supporting Surge Unitholder, so long as (i) such Transfer is in accordance with applicable Law and such Supporting Surge Unitholder is, and at all times has been, in compliance with this Agreement and (ii) any Transfer of Subject Securities by the Supporting Surge Unitholder to another Supporting Surge Unitholder or to an Affiliate of such transferring Supporting Surge Unitholder, so long as such Affiliate, in connection with, and prior to, such... Transfer, executes a joinder to this Agreement, in form and substance reasonably acceptable to Motor, pursuant to which such Affiliate agrees to become a party to this Agreement and be subject to the restrictions and obligations hereof and otherwise become a party for all purposes of this Agreement. View More

Permitted Transfer. A transfer of a Right by will or the laws of descent and distribution