Common use of Effect of Prohibited Transfer Clause in Contracts

Effect of Prohibited Transfer. The Company shall not be required to (i) transfer on its books any shares of Restricted Stock that have been transferred in violation of any of the provisions set forth in this Agreement, or (i) treat as owner of such Restricted Stock or to pay dividends or other distributions to any transferee to whom any such Restricted Stock shall have been so sold or transferred.

Appears in 4 contracts

Samples: Restricted Stock Award Agreement (Professional Holding Corp.), Restricted Stock Award Agreement (Professional Holding Corp.), Restricted Stock Award Agreement (Sensus Healthcare, Inc.)

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Effect of Prohibited Transfer. The Company shall will not be required (a) to (i) transfer on its books any shares of Restricted Stock that Shares which have been sold or transferred in violation of any of the provisions set forth in this Agreement, or (ib) to treat as owner of such Restricted Stock Shares, or to pay dividends or other distributions to to, any transferee to whom any such Restricted Stock shall Shares have been so sold or transferred.

Appears in 3 contracts

Samples: Stock Restriction Agreement (Tile Shop Holdings, Inc.), Stock Restriction Agreement (Global Eagle Entertainment Inc.), Stock Restriction Agreement (Tile Shop Holdings, Inc.)

Effect of Prohibited Transfer. The Company shall not be required (a) to (i) transfer on its books any shares of Restricted Stock that Shares which shall have been sold or transferred in violation of any of the provisions set forth in this Agreement, or (ib) to treat as owner of such Restricted Stock Shares or to pay dividends or other distributions to any transferee to whom any such Restricted Stock Shares shall have been so sold or transferred.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (pSivida LTD), Restricted Stock Award Agreement (pSivida LTD), Restricted Stock Award Agreement (pSivida LTD)

Effect of Prohibited Transfer. The Company shall not be required (a) to (i) transfer on its books any shares of Restricted Stock that the Shares which shall have been sold or transferred in violation of any of the provisions set forth in this Agreement, or (ib) to treat as owner of such Restricted Stock Shares, or to pay dividends or other distributions to to, any transferee to whom any such Restricted Stock Shares shall have been so sold or transferredtransferred in violation of any of the provisions set forth in this Agreement.

Appears in 3 contracts

Samples: Executive Incentive Stock Option Agreement (Innoveda Inc), Executive Incentive Stock Option Agreement (Innoveda Inc), Executive Incentive Stock Option Agreement (Innoveda Inc)

Effect of Prohibited Transfer. The Company shall not be required to (ia) transfer on its books any shares of Restricted Stock the Shares that have been sold or transferred in violation of any of the provisions set forth in this Agreement, Agreement or (ib) treat as owner of such Restricted Stock Shares or to pay dividends or other distributions to any transferee to whom any such Restricted Stock Shares shall have been so sold or transferred.

Appears in 2 contracts

Samples: Stock Option Grant Agreement (InterPrivate III Financial Partners Inc.), Stock Option Grant Agreement (InterPrivate III Financial Partners Inc.)

Effect of Prohibited Transfer. The Company shall not be required to (ia) transfer on its books any shares of Restricted Stock Shares that have been sold or transferred in violation of any of the provisions set forth in this Agreement, or (ib) treat as owner of such Restricted Stock Shares or to pay dividends or other distributions to any transferee to whom any such Restricted Stock Shares shall have been so sold or transferred.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Acies Corp), Restricted Stock Award Agreement (Acies Corp)

Effect of Prohibited Transfer. The Company shall will not be required (a) to (i) transfer on its books any shares of Restricted Stock that Shares which have been sold or transferred in violation of any of the provisions set forth in this Agreement, or (ib) to treat as owner of such Restricted Stock Shares, or to pay dividends or other distributions to to, any transferee to whom any such Restricted Stock shall Shares have been so sold or transferred.

Appears in 2 contracts

Samples: Stock Restriction Agreement (Tile Shop Holdings, Inc.), Stock Restriction Agreement (Tile Shop Holdings, Inc.)

Effect of Prohibited Transfer. The Company shall not be required (a) to (i) transfer on its books any shares of Restricted Stock the Shares that shall have been sold or transferred in violation of any of the provisions set forth in this Agreement, or (ib) to treat as owner of such Restricted Stock Shares or to pay dividends or other distributions to any transferee to whom any such Restricted Stock Shares shall have been so sold or transferred.

Appears in 2 contracts

Samples: Stock Restriction Agreement (Solomon Technologies Inc), Stock Option Agreement (Telepad Corp)

Effect of Prohibited Transfer. The Company Corporation shall not be required (a) to (i) transfer on its books any shares of Restricted Stock that the Shares which shall have been sold or transferred in violation of any of the provisions set forth in this Agreement, or (ib) to treat as owner of such Restricted Stock Shares or to pay dividends or other distributions to any transferee to whom any such Restricted Stock Shares shall have been so sold or transferred.

Appears in 1 contract

Samples: Restricted Stock Agreement (Opensite Technologies Inc)

Effect of Prohibited Transfer. The Company shall not be required to (iA) transfer on its books any shares of Restricted Stock the Shares that have been sold or transferred in violation of any of the provisions set forth in this Agreement, Agreement or (iB) treat as owner of such Restricted Stock Shares or to pay dividends or other distributions to any transferee to whom any such Restricted Stock Shares shall have been so sold or transferred.

Appears in 1 contract

Samples: Stock Restriction Agreement (Heat Biologics, Inc.)

Effect of Prohibited Transfer. The Company Corporation shall not be required ----------------------------- (a) to (i) transfer on its books any shares of Restricted Stock that the Shares which shall have been sold or transferred in violation of any of the provisions set forth in this Agreement, or (ib) to treat as owner of such Restricted Stock Shares or to pay dividends or other distributions to any transferee to whom any such Restricted Stock Shares shall have been so sold or transferred.

Appears in 1 contract

Samples: Stock Restriction Agreement (Sciquest Com Inc)

Effect of Prohibited Transfer. The In the event of a transfer of Restricted Stock without compliance with the terms of this Agreement or the Plan, the Company shall not be required to required: (ia) To transfer on its books any shares of the Restricted Stock that shall have been sold or transferred in violation of any of the provisions set forth in this Agreement, Agreement or the Plan; or (ib) To treat as owner of such Restricted Stock or to pay dividends or other distributions to any transferee to whom any of such Restricted Stock shares shall have been so sold or transferred.

Appears in 1 contract

Samples: Stock Purchase Agreement (Jaco Electronics Inc)

Effect of Prohibited Transfer. The Company shall not be required (a) to (i) transfer on its books any shares of the Restricted Stock Shares that have been sold or transferred in violation of any of the provisions set forth in this Agreement, or (ib) to treat as owner of such Restricted Stock Shares or to pay dividends or other distributions to any transferee to whom any such Restricted Stock Shares shall have been so sold or transferred.

Appears in 1 contract

Samples: Stock Restriction Agreement (Broadsoft Inc)

Effect of Prohibited Transfer. The Company shall not be required (a) to (i) transfer on its books any shares of Restricted Stock the Shares that shall have been sold or transferred in violation of any of the provisions set forth in this Agreementherein, or (ib) to treat as owner of such Restricted Stock Shares or to pay dividends or other distributions to any transferee to whom any such Restricted Stock Shares shall have been so sold or transferred.

Appears in 1 contract

Samples: Restricted Stock Agreement (Avid Technology Inc)

Effect of Prohibited Transfer. The Company shall not be required (a) to (i) ----------------------------- transfer on its books any shares of Restricted Stock that the Shares which shall have been sold or transferred in violation of any of the provisions set forth in this Agreement, or (ib) to treat as owner of such Restricted Stock Shares or to pay dividends or other distributions to any transferee to whom any such Restricted Stock Shares shall have been so sold or transferred.

Appears in 1 contract

Samples: Stock Restriction Agreement (Convergent Networks Inc)

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Effect of Prohibited Transfer. The Company shall not be required (a) to (i) ------------------------------ transfer on its books any shares of Restricted Stock that the Shares which shall have been sold or transferred in violation of any of the provisions set forth in this Agreement, or (ib) to treat as owner of such Restricted Stock Shares or to pay dividends or other distributions to any transferee to whom any such Restricted Stock Shares shall have been so sold or transferred.

Appears in 1 contract

Samples: Stock Restriction Agreement (Convergent Networks Inc)

Effect of Prohibited Transfer. The Company shall not be required (a) to (i) transfer on its books any shares of Restricted Stock that the Shares or Common Stock, as the case may be, which shall have been sold or transferred in violation of any of the provisions set forth in this Agreement, or (ib) treat to neat as owner of such Restricted Stock Shares or Common Stock, as applicable, or to pay dividends or other distributions to any transferee to whom any such Restricted Stock Shares or Common Stock, as applicable, shall have been so sold or transferred.

Appears in 1 contract

Samples: Stockholders' Agreement (Regeneration Technologies Inc)

Effect of Prohibited Transfer. The Company shall not be required (a) to (i) transfer on its books any shares of the Restricted Stock Shares that have been sold or transferred in violation of any of the provisions set forth in this Agreement, or (ib) to, treat as owner of such Restricted Stock Shares or to pay dividends or other distributions to any transferee to whom any such Restricted Stock Shares shall have been so sold or transferred.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Broadsoft Inc)

Effect of Prohibited Transfer. The Company shall not be required (a) to (i) transfer on its books any shares of Restricted Stock that the Shares which shall have been sold or transferred in violation of any of the provisions set forth in this Agreement, Agreement or the Plan or (ib) to treat as owner of such Restricted Stock Shares or to pay dividends or other distributions to any transferee to whom any such Restricted Stock Shares shall have been so sold or transferred.

Appears in 1 contract

Samples: Restricted Stock Agreement (United Natural Foods Inc)

Effect of Prohibited Transfer. The Company shall not be required to (i) to transfer on its books any shares of Restricted Stock the Shares that have been sold or transferred in violation of any of the provisions set forth in this Agreement, or (iii) to treat as owner of such Restricted Stock Shares or to pay dividends or other distributions to any transferee to whom any such Restricted Stock Shares shall have been so sold or transferred.

Appears in 1 contract

Samples: Stock Option Grant Agreement (Broadsoft Inc)

Effect of Prohibited Transfer. The Company shall not be required (a) to (i) transfer on its books any shares of Restricted Stock that the Shares which have been sold or transferred in violation of any of the provisions set forth in restrictions imposed by this Agreement, or (ib) to treat as owner of such Restricted Stock Shares or to pay dividends or other distributions to any transferee to whom any such Restricted Stock Shares shall have been so sold or transferred.

Appears in 1 contract

Samples: Performance Based Restricted Stock Award Agreement (Clean Harbors Inc)

Effect of Prohibited Transfer. The Company shall not be required to (i) transfer on its books any shares of Restricted Stock that have been Shares sold or transferred in violation of any of the provisions set forth in this Agreement, or (iAgreement nor to treat the transferee(s) treat of such Shares as the owner of such Restricted Stock Shares or to pay dividends or other distributions to any transferee to whom any the transferee(s) on account of such Restricted Stock shall have been so sold or transferredShares.

Appears in 1 contract

Samples: Stockholders' Agreement (Image Technology Laboratories Inc)

Effect of Prohibited Transfer. The Company shall not be required to required: (ia) To transfer on its books any shares of Restricted Stock the Shares that shall have been sold or transferred in violation of any of the provisions set forth in this Agreement, or ; or (ib) To treat as owner of such Restricted Stock those Shares or to pay dividends or other distributions dividend to any transferee to whom any such Restricted Stock of those Shares shall have been so sold or transferredtransferred in violation of any of the provisions set forth in this Agreement.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Krispy Kreme Doughnuts Inc)

Effect of Prohibited Transfer. The Company shall not be required (a) to (i) transfer on its books any shares of Restricted Stock that the Shares which shall have been sold or transferred in violation of any of the provisions set forth in this Agreement, Agreement or (ib) to treat as owner of such Restricted Stock Shares or to pay dividends or other distributions to any transferee to whom any such Restricted Stock Shares shall have been so sold or transferred. Any transferee or purported transferee of Shares shall be subject to the restrictions and forfeiture provisions of this Agreement to the same extent that the Service Provider is so subject.

Appears in 1 contract

Samples: Restricted Stock Agreement (Atrium Corp)

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