Common use of PLEDGE OR HYPOTHECATION Clause in Contracts

PLEDGE OR HYPOTHECATION. The Shareholder shall not pledge, assign or hypothecate any or all of his Shares or any of his right or interest therein except as provided in this Agreement without the prior written consent of the Founder.

Appears in 3 contracts

Sources: Stock Purchase Agreement, Stock Purchase Agreement (InterMetro Communications, Inc.), Founder’s Stock Option Agreement (InterMetro Communications, Inc.)