Common use of Transfer Restricted Clause in Contracts

Transfer Restricted. Except as otherwise contemplated by this agreement, no Shareholder shall create any Encumbrance over, sell, pledge, transfer or otherwise dispose of or give any person any rights in or over any Share or interest in any Share, except with the prior written consent of the JV and the other Shareholder. Any transfer, purported transfer or attempted transfer of Shares other than in accordance with this agreement shall be void, and no such transfer shall be recorded or otherwise given any effect by the JV, and the relevant purported transferee shall not (and the purported transferor shall) be treated as the owner of such Shares for all purposes.

Appears in 3 contracts

Sources: Joint Venture Agreement (Guardant Health, Inc.), Joint Venture Agreement (Guardant Health, Inc.), Joint Venture Agreement (Guardant Health, Inc.)