Common use of Improper Transfers Clause in Contracts

Improper Transfers. Any attempted Transfer in violation of this Agreement shall be of no effect and null and void, shall confer no rights or privileges in or with respect to the Company to the purported transferee, regardless of whether the purported transferee has any actual or constructive knowledge of the Transfer restrictions set forth in this Agreement, and shall not be recorded on the stock transfer books of the Company.

Appears in 9 contracts

Sources: Stockholders Agreement, Shareholder Agreement (Knight Transportation Inc), Stockholders Agreement (SWIFT TRANSPORTATION Co)