Common use of Violation Clause in Contracts

Violation. Any transfer, pledge, sale, assignment, or hypothecation of the Option or any portion thereof shall be a violation of the terms of this Agreement and shall be void and without effect.

Appears in 20 contracts

Samples: Non Qualified Stock Option Agreement (Habersham Bancorp), Nonqualified Stock Option Agreement (Collexis Holdings, Inc.), Nonqualified Stock Option Agreement (Collexis Holdings, Inc.)

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Violation. Any transfer, pledge, sale, assignment, assignment or hypothecation of the Option or any portion thereof Shares except in accordance with this Agreement shall be a violation of the terms of this Agreement hereof and shall be void and without effect.

Appears in 12 contracts

Samples: Restricted Stock Agreement (Corrections Corp of America), Restricted Stock Agreement (Mid America Apartment Communities Inc), Restricted Stock Agreement (Mid America Apartment Communities Inc)

Violation. Any transfer, pledge, sale, assignment, assignment or hypothecation of the Option or any portion thereof except in accordance with this Agreement shall be a violation of the terms of this Agreement hereof and shall be void and without effect.

Appears in 9 contracts

Samples: Non Qualified Stock Option Agreement (Corrections Corp of America), Non Qualified Stock Option Agreement (Corrections Corp of America), Non Qualified Stock Option Agreement (Corrections Corp of America)

Violation. Any transfer, pledge, sale, assignment, or hypothecation of the Option or any portion thereof shall be a violation of the terms of this Agreement the Award or these Terms and Conditions and shall be void and without effect.

Appears in 5 contracts

Samples: Option Assumption Agreement (Alliance Bancshares Inc), Verilink Corp, Verilink Corp

Violation. Any Except as otherwise provided herein, any transfer, pledge, sale, assignment, or hypothecation of the Option Agreement or any portion thereof shall be a violation of the terms of this Agreement and shall be void and without effect.

Appears in 4 contracts

Samples: Restricted Units Award Agreement (Rw Holdings NNN Reit, Inc.), Restricted Units Award Agreement (Modiv Inc.), Restricted Units Award Agreement (Modiv Inc.)

Violation. Any transfer, pledge, sale, assignment, or hypothecation of the Option or any portion thereof shall be a violation of the terms of this the Agreement or these Terms and Conditions and shall be void and without effect.

Appears in 4 contracts

Samples: Incentive Stock Option Agreement (Hughes Supply Inc), Incentive Stock Option Agreement (Hughes Supply Inc), Non Qualified Stock Option Agreement (Hughes Supply Inc)

Violation. Any transfer, pledge, sale, assignment, or hypothecation of the Option or any portion thereof shall be a violation of the terms of this Agreement and shall be void and without effect.

Appears in 3 contracts

Samples: Stock Option Agreement (Cyclo3pss Corp), Stock Option Agreement (Cyclo3pss Corp), Stock Option Agreement (Cyclo3pss Corp)

Violation. Any transfer, pledge, sale, assignment, or --------- hypothecation of the Option or any portion thereof shall be a violation of the terms of this Agreement and shall be void and without effect.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (Community Capital Bancshares Inc)

Violation. Any transfer, pledge, sale, assignment, or hypothecation of the Option or any portion thereof shall be a of the Option Shares subject thereto which is in violation of the terms of this Agreement and or of the Plan shall be void and without effect.

Appears in 1 contract

Samples: Sanmina-Sci Corp

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Violation. Any transfer, pledge, sale, assignment, or hypothecation of the Option or any portion thereof except in accordance with this Agreement shall be a violation of the terms of this Agreement hereof and shall be void and without effect.

Appears in 1 contract

Samples: Director Non Qualified Option Agreement (Corrections Corp of America)

Violation. Any transfer, pledge, sale, assignment, or hypothecation of the Option or any portion thereof shall will be a violation of the terms of this Agreement and shall will be void and without effect.

Appears in 1 contract

Samples: Agreement Regarding First Right of Purchase (Healthcare Financial Partners Reit Inc)

Violation. Any transfer, pledge, sale, assignment, or hypothecation of the Option or any portion thereof shall be a violation of the terms of this Agreement and shall be void and without effect.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Quadramed Corp)

Violation. Any attempted transfer, pledge, sale, assignment, or hypothecation of the Option Shares or any portion thereof shall be a in violation of the terms of this Agreement and shall be void and without effect.

Appears in 1 contract

Samples: Shareholders Agreement (Simcala Inc)

Violation. Any transfer, pledge, sale, assignment, or hypothecation of any of the Options or any of the Option or any portion thereof Shares subject thereto, other than as specifically permitted by the terms of this Agreement, shall be a violation of the terms of this Agreement and shall be void and without effect.

Appears in 1 contract

Samples: Employment Agreement (Prison Realty Trust Inc)

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