Common use of Additional Restrictions on Transfer Clause in Contracts

Additional Restrictions on Transfer. The certificates representing the Stock purchased upon the exercise of the Option will bear the following legend until such shares of Stock have been registered under an effective registration statement under the 1933 Act: The securities represented by this certificate were originally issued on _____________________, 19___, have not been registered under the Securities Act of 1933, as amended, or under the securities laws of any state or other jurisdiction (together, the "Securities Laws") and may not be offered for sale, sold or otherwise transferred or encumbered in the absence of compliance with such Securities Laws and until the issuer hereof shall have received from counsel acceptable to issuer a written opinion reasonably satisfactory to issuer that the proposed transaction will not violate any applicable Securities Laws.

Appears in 5 contracts

Samples: Nonqualified Stock Option Agreement (Universal Electronics Inc), Stock Option Agreement (Universal Electronics Inc), Nonqualified Stock Option Agreement (Universal Electronics Inc)

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Additional Restrictions on Transfer. The certificates representing the Stock purchased upon the exercise of the Option will bear the following legend until such shares of Stock have been registered under an effective registration statement under the 1933 Act: The securities represented by this certificate were originally issued on _____________________, 19_____, have not been registered under the Securities Act of 1933, as amended, or under the securities laws of any state or other jurisdiction (together, the "Securities Laws") and may not be offered for sale, sold or otherwise transferred or encumbered in the absence of compliance with such Securities Laws and until the issuer hereof shall have received from counsel acceptable to issuer a written opinion reasonably satisfactory to issuer that the proposed transaction will not violate any applicable Securities Laws.

Appears in 2 contracts

Samples: Stock Option Agreement (Universal Electronics Inc), Stock Option Agreement (Universal Electronics Inc)

Additional Restrictions on Transfer. The certificates Certificates representing the Stock Shares purchased upon the exercise of the Option will bear the following legend until such shares of Stock have been registered under an effective registration statement under the 1933 Securities Act: The securities represented by this certificate were originally issued on _____________________, 19_____, have not been registered under the Securities Act of 1933, as amended, or under the securities laws of any state or other jurisdiction (together, the "Securities Laws") and may not be offered for sale, sold or otherwise transferred or encumbered in the absence of compliance with such Securities Laws and until the issuer hereof shall have received from counsel acceptable to issuer a written opinion reasonably satisfactory to issuer that the proposed transaction will not violate any applicable Securities Laws.

Appears in 1 contract

Samples: Stock Option Agreement (Universal Electronics Inc)

Additional Restrictions on Transfer. The certificates Certificates representing the Stock Shares purchased upon the exercise of the Option will bear the following legend until such shares of Stock Shares have been registered under an effective registration statement under the 1933 Securities Act: The securities represented by this certificate were originally issued on _____________________, 19_____, have not been registered under the Securities Act of 1933, as amended, or under the securities laws of any state or other jurisdiction (together, the "Securities Laws") and may not be offered for sale, sold or otherwise transferred or encumbered in the absence of compliance with such Securities Laws and until the issuer hereof shall have received from counsel acceptable to issuer a written opinion reasonably satisfactory to issuer that the proposed transaction will not violate any applicable Securities Laws.

Appears in 1 contract

Samples: Stock Option Agreement (Universal Electronics Inc)

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Additional Restrictions on Transfer. The certificates representing the Stock purchased upon the exercise of the Option will bear the following legend until such shares of Stock have been registered under an effective registration statement under the 1933 Act: The securities represented by this certificate were originally issued on _____________________, 19___2000, have not been registered under the Securities Act of 1933, as amended, or under the securities laws of any state or other jurisdiction (together, the "Securities Laws") and may not be offered for sale, sold or otherwise transferred or encumbered in the absence of 0of compliance with such Securities Laws and until the issuer hereof shall have received from counsel acceptable to issuer a written opinion reasonably satisfactory to issuer that the proposed transaction will not violate any applicable Securities Laws.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Universal Electronics Inc)

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