Common use of Enforcement; Stop Transfer Clause in Contracts

Enforcement; Stop Transfer. No Shares shall be transferred on the books of the Company nor shall any attempted sale, transfer, assignment, pledge, or other disposition of any Shares be effective unless and until the terms and provisions of this Agreement and any Transfer Restriction Agreements are first complied with. Any attempted sale, transfer, assignment, pledge, or other disposition of any Shares that does not comply with the provisions of this Agreement and Transfer Restriction Agreements shall be invalid and of no effect.

Appears in 8 contracts

Samples: Founder Stock Purchase Agreement (CreditCards.com, Inc.), Stock Restriction Agreement (CreditCards.com, Inc.), Stock Restriction Agreement (CreditCards.com, Inc.)

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Enforcement; Stop Transfer. No Shares shall be transferred on the books of the Company nor shall any attempted sale, transfer, assignment, pledge, or other disposition of any Shares be effective unless and until the terms and provisions of this Agreement and any Transfer Restriction Agreements are first complied with. Any attempted sale, transfer, assignment, pledge, or other disposition of any Shares that does not comply with the provisions of this Agreement and Transfer Restriction Agreements shall be invalid and of no effect.

Appears in 1 contract

Samples: Insider Stock Purchase Agreement (Diamir Biosciences Corp.)

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