Common use of Restricted Transfer Clause in Contracts

Restricted Transfer. Any attempt to Transfer or encumber any shares of WRG Common Stock that is considered a Transfer in violation of the Transfer Restrictions set forth in Section 4.1 above (a “Restricted Transfer”) or not in accordance with this Agreement shall be deemed null and void and neither the Stockholders, DSH nor any Transfer agent of such securities shall give any effect to such attempted Transfer or encumbrance in its stock records.

Appears in 4 contracts

Samples: Stockholders Agreement, Stockholders Agreement (Ds Healthcare Group, Inc.), Stockholders Agreement (Ds Healthcare Group, Inc.)

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