Common use of Endorsement of Share Certificates Clause in Contracts

Endorsement of Share Certificates. 11.1. As soon as possible after the execution of this Agreement or upon later acquisition of additional Common Stock, each Stockholder shall endorse on the face of the certificates representing the Common Stock then owned or thereafter acquired by such Stockholder a legend reading substantially as follows: “The voting and transfer of the shares represented by this Certificate is restricted by, and subject to the terms and conditions of, the XxXxxx Family Stockholders’ Agreement, dated as of July 18, 2017, as it may be amended, a copy of which is with the Secretary of 0-000-XXXXXXX.XXX, Inc., and will be furnished without charge to the holder of such shares upon written request.” In the case of any Common Stock held in book entry form, the Stockholder shall advise the transfer agent to record in its records the fact that the voting and transfer of the Shares is subject to this Agreement and that no transfer of the Shares can be made without prior written notice to the Members of the XxXxxx Family Committee.

Appears in 15 contracts

Samples: Family Stockholders’ Agreement (McCann Matthew E), Family Stockholders’ Agreement (McCann Family Limited Partnership), Family Stockholders’ Agreement (James F. McCann 2012 Family Trust - Portion I)

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