Common use of Rights of the Company Clause in Contracts

Rights of the Company. The Company shall not (i) record on its books the transfer of any Covered Shares that have been sold or transferred in contravention of this Award Agreement or (ii) treat as the owner of Covered Shares, or otherwise to accord voting, dividend or liquidation rights to, any transferee to whom Covered Shares have been transferred in contravention of this Award Agreement. Any transfer of Covered Shares not made in conformance with this Award Agreement shall be null and void and shall not be recognized by the Company.

Appears in 9 contracts

Samples: Restricted Stock Award Agreement (Guaranty Bancshares Inc /Tx/), Employment Agreement (Warren Resources Inc), Employment Agreement (Warren Resources Inc)

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Rights of the Company. The Company shall not (i) record on its books the transfer of any Covered Shares that have been sold or transferred in contravention of this Award Agreement or (ii) treat as the owner of Covered Shares, or otherwise to accord voting, dividend or liquidation rights to, any transferee to whom Covered Shares have been transferred in contravention of this Award Agreement. Any transfer of Covered Shares not made in conformance with this Award Agreement shall be null and void and shall not be recognized by the Company.

Appears in 4 contracts

Samples: Restricted Stock Award Agreement (Forbes Energy Services Ltd.), Restricted Stock Award Agreement (Forbes Energy Services Ltd.), Employment Agreement (Expressjet Holdings Inc)

Rights of the Company. The Company shall will not (i) record on its books the transfer of any Covered Shares that have been sold or transferred in contravention of this Award Agreement or (ii) treat as the owner of Covered Shares, or otherwise to accord voting, dividend or liquidation rights to, any transferee to whom Covered Shares have been transferred in contravention of this Award Agreement. Any transfer of Covered Shares not made in conformance with this Award Agreement shall will be null and void and shall will not be recognized by the Company.

Appears in 1 contract

Samples: Stock Award Agreement (Postal Realty Trust, Inc.)

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Rights of the Company. The Company shall not (i) record on its books the transfer of any Covered Restricted Shares that have been sold or transferred in contravention of this Award Agreement or (ii) treat as the owner of Covered Restricted Shares, or otherwise to accord voting, dividend or liquidation rights to, any transferee to whom Covered Restricted Shares have been transferred in contravention of this Award Agreement. Any transfer of Covered Restricted Shares not made in conformance with this Award Agreement shall be null and void and shall not be recognized by the Company.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Red River Bancshares Inc)

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