Common use of Effect of Improper Transfer Clause in Contracts

Effect of Improper Transfer. If a transfer or attempted transfer --------------------------- violates any provision of this Agreement or if the transferor, after the transfer, reacquires all or any portion of the transferred Shares, such transfers or attempted transfers shall be null and void and the Shares transferred or attempted to be transferred shall remain subject to this Agreement as if no transfer had been made.

Appears in 1 contract

Samples: Stock Restriction and Buy Sell Agreement (Gsi Group Inc)

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Effect of Improper Transfer. If a transfer or attempted transfer --------------------------- violates any provision of this Agreement or if the transferor, after the transfer, reacquires all or any portion of the transferred Shares, such transfers or attempted transfers shall be null and void and the Shares transferred or attempted to be transferred shall remain subject to this Agreement as if no transfer had been made.

Appears in 1 contract

Samples: Stock Restriction and Buy Sell Agreement (Gsi Group Inc)

Effect of Improper Transfer. If Except as otherwise permitted under the --------------------------- Contribution Agreement, if a transfer or attempted transfer --------------------------- violates any provision of this Agreement Agreement, or if the transferor, after the transfer, reacquires all or any portion of the transferred Shares, such transfers or attempted transfers shall be null and void and the Shares transferred or attempted to be transferred shall remain subject to this Agreement as if no transfer had been made.

Appears in 1 contract

Samples: Stock Restriction and Buy Sell Agreement (Gsi Group Inc)

Effect of Improper Transfer. If Except as otherwise permitted under the Cross Purchase Agreement or the Contribution Agreement, if a transfer or attempted transfer --------------------------- violates any provision of this Agreement or if the transferor, after the transfer, reacquires all or any portion of the transferred Shares, such transfers or attempted transfers shall be null and void and the Shares transferred or attempted to be transferred shall remain subject to this Agreement as if no transfer had been made.

Appears in 1 contract

Samples: Stock Restriction and Buy Sell Agreement (Gsi Group Inc)

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Effect of Improper Transfer. If Except as otherwise permitted under the Buy-Sell Agreement or the Contribution Agreement, if a transfer or attempted transfer --------------------------- violates any provision of this Agreement or if the transferor, after the transfer, reacquires all or any portion of the transferred Shares, such transfers or attempted transfers shall be null and void and the Shares transferred or attempted to be transferred shall remain subject to this Agreement as if no transfer had been made.

Appears in 1 contract

Samples: Stock Restriction and Cross Purchase Agreement (David Manufacturing Co)

Effect of Improper Transfer. If a transfer or attempted transfer --------------------------- violates any provision of this Agreement or if the transferor, after the transfer, reacquires all or any portion of the transferred Shares, such transfers or attempted transfers shall be null and void void, and the Shares transferred or attempted to be transferred shall remain subject to this Agreement as if no transfer had been made.

Appears in 1 contract

Samples: Stock Restriction and Buy Sell Agreement (Gsi Group Inc)

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