Common use of Mechanics of Transfer Clause in Contracts

Mechanics of Transfer. Any Stockholder who Transfers Securities shall (i) take all such actions and execute and deliver all such documents as may be necessary or reasonably requested by the Company in order to consummate the Transfer of such Securities and (ii) pay to the Company such amounts as may be required for any applicable stock transfer taxes.

Appears in 4 contracts

Samples: Stockholders Agreement (Nu Tech Bio Med Inc), Stockholders Agreement (Physicians Clinical Laboratory Inc), Stockholders Agreement (Physicians Clinical Laboratory Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!