Common use of Rights Not Transferable Clause in Contracts

Rights Not Transferable. The rights of Seller to any of the Earn-Out Payments are personal to Seller and shall only be transferable by operation of law, by will or the laws of descent and distribution or to the members of Seller following the dissolution of Seller. Any attempted transfer of such right by Seller (other than as permitted by the immediately preceding sentence) shall be null and void.

Appears in 3 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Cafepress Inc.), Asset Purchase Agreement (Cafepress Inc.)

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Rights Not Transferable. The rights of Seller to any hereunder of the Earn-Out Payments Seller are personal to the Seller and shall only not be transferable for any reason other than by operation of law, by will or the laws of descent and distribution or to the members of Seller following the dissolution of Seller. Any attempted transfer of such right by the Seller (other than as permitted by the immediately preceding sentence) shall be null and void.

Appears in 2 contracts

Samples: Share Purchase Agreement (Outbrain Inc.), Share Purchase Agreement (Outbrain Inc.)

Rights Not Transferable. The rights of Seller to any of the Earn-Out Payments Sellers hereunder are personal to each such Seller and shall only not be transferable for any reason other than by operation of law, by will or the laws of descent and distribution or to the members of Seller following the dissolution of Sellerdistribution. Any attempted transfer of such right by Seller any holder thereof (other otherwise than as permitted by the immediately preceding sentence) shall be null and void.

Appears in 2 contracts

Samples: Unit Purchase Agreement, Unit Purchase Agreement (Apptio Inc)

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Rights Not Transferable. The rights of Seller to any of the Earn-Out Payments under this Agreement are personal to Seller and shall only not be transferable for any reason, other than by operation of law, by will or the laws of descent and distribution or to the members of Seller following the dissolution of Sellerdistribution. Any attempted transfer of such right by Seller any holder thereof (other than as permitted by the immediately preceding sentence) shall be null and void.

Appears in 1 contract

Samples: Share Purchase Agreement (Sapiens International Corp N V)

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