Common use of Restrictions on Transfer of Common Stock Clause in Contracts

Restrictions on Transfer of Common Stock. Neither of the parties may assign, transfer, give, encumber, pledge, hypothecate or otherwise dispose of any shares of common stock of All Energy acquired by them hereunder, other than as permitted under this paragraph VI. Subject to the terms of this paragraph VI, each of the parties may exercise all other rights of ownership with respect to their shares of common stock of All Energy.

Appears in 2 contracts

Sources: Pre Incorporation Agreement and Subscription, Pre Incorporation Agreement and Subscription (I Crystal Inc)