Attempted Transfers in Violation of Share Transfer Restrictions. An attempt to transfer an interest in the Shares of the Company in violation of Section 1 shall be void and the Company shall refuse to register the Shares in question in the name of the transferee on the books of the Company. The Company shall place stop transfer instructions on the Shares in an effort to monitor compliance with this Agreement.
Appears in 2 contracts
Samples: Stockholder Lockup Agreement (Material Technologies Inc /Ca/), Stockholder Lockup Agreement (MATECH Corp.)
Attempted Transfers in Violation of Share Transfer Restrictions. An attempt to transfer an interest in the Shares of the Company Shares, in violation of Section 1 this Agreement, shall be void ineffective and the Company Corporation shall refuse to register the Shares in question in the name of the transferee on the books of the Company. The Company shall place stop transfer instructions on the Shares in an effort to monitor compliance with this Agreementtransferee.
Appears in 1 contract
Samples: Shareholders Agreement
Attempted Transfers in Violation of Share Transfer Restrictions. An attempt to transfer an interest in the Shares shares of the Company this Corporation in violation of Section 1 Article I shall be ineffective and void ab initio, and the Company Corporation shall refuse to register the Shares shares in question in the name of the transferee on the books of the Company. The Company shall place stop transfer instructions on the Shares in an effort to monitor compliance with this Agreementtransferee.
Appears in 1 contract
Samples: Agreement