Common use of Non-Complying Transfers Void Clause in Contracts

Non-Complying Transfers Void. Any attempted Transfer of Shares by a Stockholder, an Affiliate of a Stockholder or any other Person that is not in compliance with this Article II shall be null and void ab initio, and the Company shall not register such Transfer on its books.

Appears in 4 contracts

Samples: Share Purchase Agreement (Noble International, Ltd.), Standstill and Stockholder Agreement (Arcelor), Standstill and Stockholder Agreement (Skandalaris Robert J)

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