Restriction on Alienation. Any sale, transfer, encumbrance, or other disposition or purported sale, transfer, encumbrance or disposition of any of the Shares by Optionee, whether voluntarily, by operation of law or otherwise, shall be null and void unless the terms, conditions and provisions of this Agreement are strictly complied with. Optionee further authorizes the Company to refuse, or cause its Transfer Agent to refuse, to transfer or record any Shares to be transferred in violation of this Agreement.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Cisco Systems Inc), Nonstatutory Employee Stock Option Agreement (Cornerstone Therapeutics Inc)
Restriction on Alienation. Any sale, transfer, encumbrance, or ------------------------- other disposition or purported sale, transfer, encumbrance or disposition of any of the Shares by Optionee, whether voluntarily, by operation of law or otherwise, shall be null and void unless the terms, conditions and provisions of this Agreement are strictly complied with. Optionee further authorizes the Company to refuse, or cause its Transfer Agent to refuse, to transfer or record any Shares to be transferred in violation of this Agreement.
Appears in 2 contracts
Samples: Nonstatutory Stock Option Agreement (Intervideo Inc), Nonstatutory Stock Option Agreement (Intervideo Inc)
Restriction on Alienation. Any sale, transfer, ------------------------- encumbrance, or other disposition or purported sale, transfer, encumbrance or disposition of any of the Shares by Optionee, whether voluntarily, by operation of law or otherwise, shall be null and void unless the terms, conditions and provisions of this Agreement are strictly complied with. Optionee further authorizes the Company to refuse, or cause its Transfer Agent to refuse, to transfer or record any Shares to be transferred in violation of this Agreement.
Appears in 1 contract
Samples: Intervideo Inc
