Common use of Prohibited Transfers Void Clause in Contracts

Prohibited Transfers Void. Any direct or indirect transfer of Equity Securities by a Restricted Shareholder not made in compliance with this Agreement shall be null and void as against the Company or the corresponding Founder Holdco (as applicable), shall not be recorded on the books of the Company or the corresponding Founder Holdco (as applicable) and shall not be recognized by the Company or the corresponding Founder Holdco (as applicable).

Appears in 2 contracts

Sources: Shareholder Agreement (CooTek(Cayman)Inc.), Shareholder Agreements (CooTek(Cayman)Inc.)

Prohibited Transfers Void. Any direct or indirect transfer of Equity Securities by a Restricted Shareholder not made in compliance with this Agreement shall be null and void as against the Company or the corresponding Founder Holdco (as applicable)Company, shall not be recorded on the books of the Company or and/or the corresponding Founder Founders Holdco (as applicable) and shall not be recognized by the Company or and/or the corresponding Founder Holdco (as applicable)Founders Holdco.

Appears in 1 contract

Sources: Right of First Refusal and Co Sale Agreement (SKY-MOBI LTD)