Common use of Transfers Void Clause in Contracts

Transfers Void. Any attempted transfer in violation of the terms of this Section 4 shall be ineffective to vest in any Discretionary Transferee any interest held by the transferring Designated Shareholder in the shares. Without limiting the foregoing, any purported transfer in violation hereof shall be ineffective as against the Company, and the Company, the Investors, and the Founders shall have a continuing right and option (but not an obligation), until the restrictions contained in this Section 4 terminate, to purchase the securities purported to be transferred by the Designated Shareholder in violation of this Section 4 for a price and on terms the same as those at which the purported transfer was effected.

Transfers Void. Any attempted transfer Section 4 Shares Transfer by the Section 4 Stockholders in violation of the terms of this Section 4 shall be ineffective to vest in any Discretionary Transferee transferee any interest held by the transferring Designated Shareholder Transferring Stockholder in the sharesSection 4 Shares. Without limiting the foregoing, any purported transfer Section 4 Shares Transfer in violation hereof shall be ineffective as against the CompanyInvestor Stockholders and the Corporation, and the Company, the Investors, Corporation and the Founders Investor Stockholders shall have a continuing right and option (but not an obligation), until the restrictions contained in this Section 4 terminate, to purchase the securities shares purported to be transferred by the Designated Shareholder in violation of this Section 4 Transferring Stockholders for a price and on terms the same as those at which the purported transfer Section 4 Shares Transfer was effected.

Transfers Void. Any attempted transfer Section 4 Shares Transfer by the Section 4 Stockholders in violation of the terms of this Section 4 shall be ineffective to vest in any Discretionary Transferee transferee any interest held by the transferring Designated Shareholder Transferring Stockholder in the sharesSection 4 Shares. Without limiting the foregoing, any purported transfer Section 4 Shares Transfer in violation hereof shall be ineffective as against the CompanyInvestor Stockholders and the -15- 16 Corporation, and the Company, the Investors, Corporation and the Founders Investor Stockholders shall have a continuing right and option (but not an obligation), until the restrictions contained in this Section 4 terminate, to purchase the securities shares purported to be transferred by the Designated Shareholder in violation of this Section 4 Transferring Stockholders for a price and on terms the same as those at which the purported transfer Section 4 Shares Transfer was effected.