Common use of Effect of Prohibited Transfer Clause in Contracts

Effect of Prohibited Transfer. Any prohibited transfer of Shares is void and of no effect. Should such a transfer purport to occur, the Company may refuse to carry out the transfer on its books, attempt to set aside the transfer, enforce any undertaking or right under this Agreement or the Plan, and/or exercise any other legal or equitable remedy.

Appears in 4 contracts

Samples: Restricted Stock Agreement (Specialized Health Products International Inc), Restricted Stock Agreement (Specialized Health Products International Inc), Restricted Stock Agreement (Specialized Health Products International Inc)

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Effect of Prohibited Transfer. Any prohibited transfer of Shares Stock Units is void and of no effect. Should such a transfer purport to occur, the Company may refuse to carry out the transfer on its books, attempt to set aside the transfer, enforce any undertaking or right under this Agreement or the Plan, Plan and/or exercise any other legal or equitable remedy.

Appears in 2 contracts

Samples: Stock Unit Agreement (Specialized Health Products International Inc), Stock Unit Agreement (Specialized Health Products International Inc)

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