Common use of Prohibition on Transfers Clause in Contracts

Prohibition on Transfers. (a) Subject to the terms of this Agreement, during the term of this Agreement, each Company Y Shareholder agrees not to Transfer any of the Covered Shares, or any voting right or power (including whether such right or power is granted by proxy or otherwise) or economic interest therein unless such Transfer is a Permitted Transfer. Any attempted Transfer of shares or any interest therein in violation of this Section 4.1 shall be null and void.

Appears in 10 contracts

Samples: Voting Agreement (Tudou Holdings LTD), Voting Agreement (Youku Inc.), Voting Agreement (Tudou Holdings LTD)

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Prohibition on Transfers. (a) Subject to the terms of this Agreement, during the term of this AgreementTerm, each Company Y Shareholder covenants and agrees not to Transfer any of the its Covered Shares, or any voting right or power (including whether such right or power is granted by proxy or otherwise) or economic interest therein therein, unless such Transfer is a Permitted Transfer. Any attempted Transfer of shares or any interest therein therein, in violation of this Section 4.1 shall be null and voidvoid ab initio.

Appears in 1 contract

Samples: Support Agreement (Chuanwei Zhang)

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