Common use of Other Transfers Void Clause in Contracts

Other Transfers Void. Any sale or transfer, or purported sale or transfer, of any Restricted Shares acquired pursuant to this Agreement or any interest therein, amount payable in respect thereof (other than cash dividends) or Restricted Property with respect thereto, other than to the Company shall be null and void unless the terms, conditions and provisions of this Agreement are strictly observed and followed.

Appears in 3 contracts

Samples: Restricted Stock Purchase Agreement (MSC Software Corp), Restricted Stock Purchase Agreement (MSC Software Corp), Restricted Stock Purchase Agreement (MSC Software Corp)

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Other Transfers Void. Any sale or transfer, or purported sale or transfer, of any Restricted Shares acquired pursuant to this Agreement or any interest therein, amount payable in respect thereof (other than cash dividends) or Restricted Property with respect thereto, other than to the Company Corporation shall be null and void unless the terms, conditions and provisions of this Agreement are strictly observed and followed.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Luminent Mortgage Capital Inc)

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