Effect of Prohibited Transfer. The Company will not be required (a) to transfer on its books any Performance Shares which have been sold or transferred in violation of any of the provisions set forth in this Agreement, or (b) to treat as owner of such Performance Shares, or to pay dividends to, any transferee to whom any such Performance Shares have been so sold or transferred.
Appears in 3 contracts
Samples: Stock Restriction Agreement (Tile Shop Holdings, Inc.), Performance Based Stock Restriction Agreement (Tile Shop Holdings, Inc.), Stock Restriction Agreement (Tile Shop Holdings, Inc.)
Effect of Prohibited Transfer. The Company will not be required (a) to transfer on its books any Performance Restricted Shares which have been sold or transferred in violation of any of the provisions set forth in this Agreement, or (b) to treat as owner of such Performance Restricted Shares, or to pay dividends to, any transferee to whom any such Performance Restricted Shares have been so sold or transferred.
Appears in 2 contracts
Samples: Form of Stock Restriction Agreement (Tile Shop Holdings, Inc.), Form of Stock Restriction Agreement (Tile Shop Holdings, Inc.)