Common use of No Obligation to Recognize Invalid Transfer Clause in Contracts

No Obligation to Recognize Invalid Transfer. The Company shall not be required (1) to transfer on its books any of the Shares which shall have been sold or transferred in violation of any of the provisions set forth in this Section 4, or (2) to treat as owner of such Shares or to pay dividends to any transferee to whom any such Shares shall have been so sold or transferred.

Appears in 160 contracts

Samples: Employment Agreement, Stock Option Agreement (Xilio Therapeutics, Inc.), Incentive Stock Option Agreement (Carisma Therapeutics Inc.)

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No Obligation to Recognize Invalid Transfer. The Company shall not be required (1i) to transfer on its books this Warrant or any of the Warrant Shares which shall have been sold or transferred in violation of any of the provisions set forth in this Section 4hereof or of any agreement to which the Registered Holder is bound, or (2ii) to treat as owner of this Warrant or such Shares Warrant Shares, or to pay dividends to any transferee to whom any such Warrant Shares shall have been so sold or transferred.

Appears in 4 contracts

Samples: Common Stock Purchase Warrant (Evelo Biosciences, Inc.), Common Stock Purchase Warrant (Seres Therapeutics, Inc.), Common Stock Purchase Warrant (Seres Health, Inc.)

No Obligation to Recognize Invalid Transfer. The Company shall not be -------------------------------------------- required (1a) to transfer on its books any of the Shares which shall have been sold or transferred in violation of any of the provisions set forth in this Section 4, or (2b) to treat as owner of such Shares or to pay dividends to any transferee to whom any such Shares shall have been so sold or transferred.

Appears in 4 contracts

Samples: Stronghold Technologies Inc, Stronghold Technologies Inc, Stronghold Technologies Inc

No Obligation to Recognize Invalid Transfer. The Company shall not be required (1) to transfer on its books any of the Shares which shall have been sold or transferred in violation of any of the provisions set forth in this Section 47, or (2) to treat as owner of such Shares or to pay dividends to any transferee to whom any such Shares shall have been so sold or transferred.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Cornerstone Therapeutics Inc), Restricted Stock Unit Agreement (TransMedics, Inc.)

No Obligation to Recognize Invalid Transfer. The Company shall not be required (1) to transfer on its books any of the Shares Units which shall have been sold or transferred in violation of any of the provisions set forth in this Section 4, or (2) to treat as owner of such Shares Units or to pay dividends to any transferee to whom any such Shares Units shall have been so sold or transferred.

Appears in 2 contracts

Samples: Bellerophon Therapeutics LLC, Bellerophon Therapeutics LLC

No Obligation to Recognize Invalid Transfer. The Company shall not be required (1i) to transfer on its books any of the Shares which shall have been sold or transferred in violation of any of the provisions set forth in this Section 4, or (2ii) to treat as owner of such Shares or to pay dividends to any transferee to whom any such Shares shall have been so sold or transferred.

Appears in 2 contracts

Samples: Nonstatutory Stock Option Agreement (Magenta Therapeutics, Inc.), Incentive Stock Option Agreement (Magenta Therapeutics, Inc.)

No Obligation to Recognize Invalid Transfer. The Company shall not be required (1) to transfer on its books any of the Shares Common Stock which shall have been sold or transferred in violation of any of the provisions set forth in this Section 4, or (2) to treat as owner of such Shares Common Stock or to pay dividends to any transferee to whom any such Shares Common Stock shall have been so sold or transferred.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Kior Inc)

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No Obligation to Recognize Invalid Transfer. The Company shall not be required (1i) to transfer on its books any of the Shares which shall have been sold or transferred in violation of any of the provisions set forth in this Section 4β€Ž4, or (2ii) to treat as owner of such Shares or to pay dividends to any transferee to whom any such Shares shall have been so sold or transferred.

Appears in 1 contract

Samples: Stock Option Agreement (ARCA Biopharma, Inc.)

No Obligation to Recognize Invalid Transfer. The Company shall not be required (1) to transfer on its books any of the Shares which shall have been sold or transferred in violation of any of the provisions set forth in this Section 4the Stockholders' Agreement, or (2) to treat as owner of such Shares or to pay dividends to any transferee to whom any such Shares shall have been so sold or transferred.

Appears in 1 contract

Samples: BioVex Group, Inc.

No Obligation to Recognize Invalid Transfer. The Company shall not be required (1) to transfer on its books any of the Shares which shall have been sold or transferred in violation of any of the provisions set forth in this Section 4, or (2) to treat as owner of such Shares or to pay dividends to any transferee to whom any such Shares shall have been so sold or transferred.

Appears in 1 contract

Samples: Stock Option Agreement (Vor Biopharma Inc.)

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