No Recognition. Any purported Transfer that does not comply with the provisions of this Agreement shall be null and void, and neither the Company nor Techfaith BVI nor any other Party shall register or recognize any such purported Transfer. Within five Business Days after registering any Transfer on the books of the Company or Techfaith BVI, the Company or Techfaith BVI, as the case may be, shall send a notice to the Investors stating that such Transfer has taken place and setting forth the name of the transferor, the name of the transferee and the number and the class of the Equity Securities involved.
Appears in 2 contracts
Sources: Investors Rights Agreement, Investors Rights Agreement (China Techfaith Wireless Communication Technology LTD)