Common use of Disposition of the Shares Clause in Contracts

Disposition of the Shares. Subject to the terms of this Agreement, each Seller hereby agrees that he/she shall transfer, sell or otherwise dispose of the Purchaser Shares in accordance with Rule 144. The Purchaser shall not be required to transfer on its books any Purchaser Shares, which have been sold or transferred in violation of the provisions of this Agreement. The Purchaser shall not be required to treat any transferee to whom the Purchaser Shares have been transferred in contravention of this Agreement as the owner of the Purchaser Shares.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Kranem Corp), Stock Purchase Agreement (Kranem Corp), Confidential Treatment Requested (Kranem Corp)

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