Escrowed Shares Nontransferable. The Xxxxxxx Stockholders' ------------------------------- interest in this Agreement and the Escrowed Shares (prior to the disbursement thereof) may not be transferred, except by operation of law, intestacy, devise or descent.
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Samples: Stock Purchase Agreement (Merkert American Corp), Indemnification Escrow Agreement (Monroe Inc)
Escrowed Shares Nontransferable. The Xxxxxxx Stockholders' ------------------------------- interest in this Agreement and the Escrowed Shares (prior to the disbursement thereof) may not be transferredtransferred or assigned, except by operation of law, intestacy, devise or descent.
Appears in 1 contract
Samples: Indemnification Escrow Agreement (Merkert American Corp)
Escrowed Shares Nontransferable. The Xxxxxxx Minority Xxxxxx ------------------------------- Stockholders' ------------------------------- interest in this Agreement and the Escrowed Shares (prior to the disbursement thereof) may not be transferred, except by operation of law, intestacy, devise law or descentthe laws of descent and distribution.
Appears in 1 contract
