Common use of Transferability of Registration Rights Clause in Contracts

Transferability of Registration Rights. The rights to cause the Company to register Registrable Securities pursuant to this Section 2 may not be transferred by the Stockholders.

Appears in 3 contracts

Samples: Plan of Merger (A4s Security, Inc.), Registration Rights Agreement (Security With Advanced Technology, Inc.), Merger Agreement (Security With Advanced Technology, Inc.)

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Transferability of Registration Rights. The rights to cause the Company to register Registrable Securities pursuant to this Section 2 may not be transferred by the Stockholders; provided, however, that the Stockholders may assign or transfer (by will, the laws of intestate succession or otherwise) their rights hereunder to any immediate family member of such Stockholder or to a trust for the benefit of any immediate family member of such Stockholder.

Appears in 1 contract

Samples: Registration Rights Agreement (Security With Advanced Technology, Inc.)

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