Common use of No Transfer of Securities Clause in Contracts

No Transfer of Securities. Unless and until this Agreement shall have ------------------------- been terminated in accordance with its terms, no Stockholder shall directly or indirectly exchange, deliver, assign, pledge, encumber or otherwise transfer or dispose of any of the capital stock of either Company (including any options in respect thereof), nor shall any Stockholder directly or indirectly grant any right of any kind to acquire, dispose of, vote or otherwise control in any manner any such securities.

Appears in 2 contracts

Samples: Non Competition Agreement (Mac-Gray Corp), Non Competition Agreement (Mac-Gray Corp)

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No Transfer of Securities. Unless and until this Agreement shall ------------------------- have ------------------------- been terminated in accordance with its terms, no such Stockholder shall not directly or indirectly exchange, deliver, assign, pledge, encumber or otherwise transfer or dispose of any of the capital stock of either the Company (including any options in respect thereof), nor shall any such Stockholder directly or indirectly grant any right of any kind to acquire, dispose of, vote or otherwise control in any manner any such securities.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Mac-Gray Corp), Non Competition Agreement (Mac-Gray Corp)

No Transfer of Securities. Unless and until this Agreement shall ------------------------- have ------------------------- been terminated in accordance with its terms, no Principal Stockholder shall directly or indirectly exchange, deliver, assign, pledge, encumber or otherwise transfer or dispose of any of the capital stock of either the Company (including any options in respect thereof), nor shall any Principal Stockholder directly or indirectly grant any right of any kind to acquire, dispose of, vote or otherwise control in any manner any such securities.

Appears in 2 contracts

Samples: Non Competition Agreement (Mac-Gray Corp), Stock Purchase Agreement (Mac-Gray Corp)

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No Transfer of Securities. Unless and until this Agreement shall ------------------------- have ------------------------- been terminated in accordance with its terms, no Stockholder shall directly or indirectly exchange, deliver, assign, pledge, encumber or otherwise transfer or dispose of any of the capital stock of either Company (including any options in respect thereof), nor shall any Stockholder directly or indirectly grant any right of any kind to acquire, dispose of, vote or otherwise control in any manner any such securities.

Appears in 1 contract

Samples: Stock and Asset Purchase Agreement (Mac-Gray Corp)

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