Common use of Rights Not Transferable Clause in Contracts

Rights Not Transferable. The rights of the holders of Company Capital Stock as of immediately prior to the Effective Time are personal to each such holder and shall not be assignable or otherwise transferable for any reason (except by will or by the operation of the laws of descent after the death of a natural holder thereof). Any attempted transfer of such right by any holder thereof (otherwise than as permitted by the immediately preceding sentence) shall be null and void.

Appears in 8 contracts

Samples: Merger Agreement (Oak Woods Acquisition Corp), Merger Agreement (Oak Woods Acquisition Corp), Merger Agreement (Oak Woods Acquisition Corp)

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Rights Not Transferable. The rights of the holders of Company Capital Stock Holders as of immediately prior to the Effective Time are personal to each such holder Company Holder and shall not be assignable or otherwise transferable for any reason (except otherwise than by operation of law, will or by the operation of the laws of descent after and distribution or with the death prior written consent of a natural holder thereof)Acquiror. Any attempted transfer of such right by any holder thereof (otherwise than as permitted by the immediately preceding sentence) shall be null and void.

Appears in 4 contracts

Samples: Merger Agreement (Cirrus Logic, Inc.), Merger Agreement (Sailpoint Technologies Holdings, Inc.), Merger Agreement (Sailpoint Technologies Holdings, Inc.)

Rights Not Transferable. The rights of the holders of Company Capital Stock Stockholders as of immediately prior to the Effective Time are personal to each such holder Company Stockholder and shall not be assignable or otherwise transferable for any reason (except otherwise than by operation of law, will or by the operation of the laws of descent after the death of a natural holder thereof)and distribution. Any attempted transfer of such right by any holder thereof (otherwise than as permitted by the immediately preceding sentence) shall be null and void.

Appears in 4 contracts

Samples: Merger Agreement (Zuora Inc), Agreement and Plan of Reorganization (Oncothyreon Inc.), Merger Agreement (E2open Inc)

Rights Not Transferable. The rights of the holders of Company Capital Common Stock as of immediately prior to the Effective Time are personal to each such holder and shall not be assignable or otherwise transferable for any reason (except by will or by the operation of the laws of descent after the death of a natural holder thereof). Any attempted transfer of such right by any holder thereof (otherwise than as permitted by the immediately preceding sentence) shall be null and void.

Appears in 2 contracts

Samples: Merger Agreement (Hudson Capital Inc.), Merger Agreement (Hudson Capital Inc.)

Rights Not Transferable. The rights of the holders of Company Capital Stock as of immediately prior to the Effective Time are personal to each such holder and shall not be assignable or otherwise transferable for any reason (except by will or by the operation of the laws of descent after the death of a natural holder thereof). Any attempted transfer of such right after the Effective Time by any holder thereof (otherwise than as permitted by the immediately preceding sentence) shall be null and void.

Appears in 1 contract

Samples: Merger Agreement (Newborn Acquisition Corp)

Rights Not Transferable. The rights of the holders of Company Capital Stock Stockholders as of immediately prior to the Effective Time are personal to each such holder Person and shall not be assignable or otherwise transferable for any reason (except otherwise than by operation of law, will or by the operation of the laws of descent after the death of a natural holder thereof)and distribution. Any attempted transfer of such right by any holder thereof (otherwise than as permitted by the immediately preceding sentence) shall be null and void.

Appears in 1 contract

Samples: Merger Agreement (RTI Biologics, Inc.)

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Rights Not Transferable. The rights of the holders of Company Capital Stock as of immediately prior to the Effective Time are personal to each such holder and shall not be assignable or otherwise transferable for any reason (except (a) (i) in the case of an entity, by operation of Law or (ii) in the case of a natural person, by will or by the operation of the laws Laws of descent after the death of a natural holder thereofand distribution). Any attempted transfer of such right by any holder thereof (otherwise than as permitted by the immediately preceding sentence) shall be null and void.

Appears in 1 contract

Samples: Merger Agreement (Mana Capital Acquisition Corp.)

Rights Not Transferable. The rights of the holders of Company Capital Stock as of immediately prior to the Effective Time are personal to each such holder and shall not be assignable or otherwise transferable for any reason (except by will or by the operation of the laws of descent after the death of a natural holder thereofthereof or as otherwise permitted pursuant to the procedures contemplated by Section 4.4). Any attempted transfer of such right after the Effective Time by any holder thereof (otherwise than as permitted by the immediately preceding sentence) shall be null and void.

Appears in 1 contract

Samples: Merger Agreement (Health Sciences Acquisitions Corp 2)

Rights Not Transferable. The rights of the holders of Company Capital Stock Stockholders and Company SAFE Holders as of immediately prior to the Effective Time are personal to each such Company Stockholder and holder of Company SAFE Holders and shall not be assignable or otherwise transferable for any reason (except other than by operation of law, will or by the operation of the laws of descent after the death of a natural holder thereof)and distribution. Any attempted transfer of such right by any holder thereof (otherwise than as permitted by the immediately preceding sentence) shall be null and void.

Appears in 1 contract

Samples: Merger Agreement (Universal Security Instruments Inc)

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