Common use of Restriction on Transfers Clause in Contracts

Restriction on Transfers. No Stockholder may Transfer all or any portion of the Shares of the Company now owned or hereafter acquired by it, except in connection with, and strictly in compliance with, the conditions of this Article II. Any other purported disposition shall be void and ineffectual and shall not operate to transfer any interest or title to the purported transferee.

Appears in 10 contracts

Sources: Stockholders' and Voting Agreement (Zion Oil & Gas Inc), Stockholders' and Voting Agreement (Zion Oil & Gas Inc), Stockholders' and Voting Agreement (Zion Oil & Gas Inc)

Restriction on Transfers. No Stockholder may not Transfer all or any portion of the Shares of the Company now owned or hereafter acquired by it, except in connection with, and strictly in compliance with, the conditions of this Article II. Any other purported disposition shall be void and ineffectual and shall not operate to transfer any interest or title to the purported transferee.II or

Appears in 5 contracts

Sources: Employment Agreement (Zion Oil & Gas Inc), Employment Agreement (Zion Oil & Gas Inc), Voting Agreement (Zion Oil & Gas Inc)