Prohibited Transfers Void. Notwithstanding the foregoing, any attempt by a Common Holder to Transfer Stock in violation of Sections 2 or 3 hereof, whether voluntarily or involuntarily, shall be void and the Company agrees it will use its reasonable best efforts to not effect such a Transfer or treat any alleged transferee as the holder of such Stock.
Appears in 2 contracts
Sources: Shareholder Agreement (Pemstar Inc), Series a Preferred Stock Purchase Agreement (Pemstar Inc)