Record Owner. The Corporation shall not be required (i) to transfer on its books any shares that shall have been sold or otherwise transferred in violation of any of the provisions set forth in this Agreement or the Stockholders' Agreement or (ii) to treat the improper transferee as owner of such shares or to accord to such improper transferee the right to vote, if any, as such owner.
Appears in 4 contracts
Samples: Employee Stock Purchase Agreement (Us Franchise Systems Inc), Employee Stock Purchase Agreement (Us Franchise Systems Inc), Employee Stock Purchase Agreement (Us Franchise Systems Inc)