Common use of Prohibition on Transfers Clause in Contracts

Prohibition on Transfers. No Stockholder shall, nor shall such Stockholder permit his or its affiliates to, Transfer of any of the Covered Shares, Beneficial Ownership thereof or any other interest therein. Any attempted Transfer of any Covered Shares or any interest therein shall be null and void. This Agreement and the obligations hereunder shall attach to the Covered Shares and shall be binding upon any Person to which legal or Beneficial Ownership shall pass, whether by operation of Law or otherwise, including, such Stockholder’s successors or assigns.

Appears in 5 contracts

Samples: Voting Agreement (LEP Summer Holdings LLC), Voting Agreement (LEP Summer Holdings LLC), Voting Agreement (Edelman Financial Group Inc.)

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