Common use of Prohibited Transfers Void Clause in Contracts

Prohibited Transfers Void. Any purported transfer of Shares in violation of this Agreement shall be void and shall not transfer any interest or title to any Shares to the purported transferee. The Company shall not be required to transfer on its books any Shares sold or transferred in violation of any of the provisions set forth in this Agreement or to treat as owner of those Shares or to pay dividends to any transferee to whom any of those Shares shall have been so sold or transferred.

Appears in 6 contracts

Samples: Shareholder Agreement (Solar Intermodal Corp), Shareholders Agreement, Shareholders Agreement (Pokertek Inc)

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Prohibited Transfers Void. Any purported transfer of Shares in violation of this Agreement shall be void and shall not transfer any interest or title to any Shares to the purported transferee. The Company Corporation shall not be required to transfer on its books any Warrant Shares sold or transferred in violation of any of the provisions set forth in this Agreement or to treat as owner of those Warrant Shares or to pay dividends to any transferee to whom any of those Warrant Shares shall have been so sold or transferred.

Appears in 3 contracts

Samples: Shareholder Agreement (Red Hat Inc), Employment Agreement (Red Hat Inc), Shareholder Agreement (Red Hat Inc)

Prohibited Transfers Void. Any purported transfer of Shares in violation of this Agreement shall be void and shall not transfer any interest or title to any Shares to the purported transferee. The Company shall Kendxx xxxll not be required to transfer on its books any Shares sold or transferred in violation of any of the provisions set forth in this Agreement or to treat as owner of those Shares or to pay dividends to any transferee to whom any of those Shares shall have been so sold or transferred.

Appears in 2 contracts

Samples: Shareholder Agreement (Kendle International Inc), Shareholder Agreement (Kendle International Inc)

Prohibited Transfers Void. Any purported transfer Sale of Shares in violation of this Agreement shall be void and shall not transfer any interest or title to any Shares to the purported transferee. The Company shall not be required to transfer on its books any Shares sold Sold or transferred in violation of any of the provisions set forth in this Agreement or to treat as owner of those Shares or to pay dividends to any transferee to whom any of those Shares shall have been so sold or transferredSold.

Appears in 1 contract

Samples: Restricted Stock Agreement (Tree.com, Inc.)

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Prohibited Transfers Void. Any purported transfer of Shares in violation attempted Transfer without full compliance with the terms of this Agreement shall be void ab initio and of no force or effect and shall not be honored or recognized by the Company. Any purported transferee of Shares under any such purported sale or transfer any interest will acquire no title or title to any Shares to the purported transfereeownership thereby. The Company shall not be required to will transfer shares of Stock on its books any Shares sold or transferred only in violation accordance with the terms and conditions of any of the provisions set forth in this Agreement or to treat as owner of those Shares or to pay dividends to any transferee to whom any of those Shares shall have been so sold or transferredAgreement.

Appears in 1 contract

Samples: Stockholders Agreement (Moral Compass Corp)

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