Common use of Improper Sale Clause in Contracts

Improper Sale. Any attempt not in compliance with this Agreement to make any Sale of any Covered Securities shall be null and void and of no force and effect, the purported transferee shall have no rights or privileges in or with respect to the Company, and the Company shall not give any effect in the Company’s stock records to such attempted Sale.

Appears in 3 contracts

Samples: Stockholders Agreement (Ascent Solar Technologies, Inc.), Stockholders’ Agreement (Ascent Solar Technologies, Inc.), Stockholders’ Agreement (Norsk Hydro a S A)

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Improper Sale. Any attempt not in compliance with this Agreement to make any Sale of any Covered Securities shall be null and void and of no force and effect, the purported transferee shall have no rights or privileges in or with respect to the Company, and the Company shall not give any effect in the Company’s 's stock records to such attempted Sale.

Appears in 1 contract

Samples: Stockholders Agreement (Ascent Solar Technologies, Inc.)

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