ItemChain
This Layout script will parent chain your selected items with the first item being the parent of the next item selected and so on. In this example I shift selected from Null 1 through Null 11.
To create the example below you will have to ctl + click Null 11, Null 10, and so on. Shift clicking from 11 to 1 will not result in a proper reverse selection chain.
To create the example below I ctl + click the even numbered nulls first and then the odd numbered nulls.