Common use of Legend and Notice Removal Clause in Contracts

Legend and Notice Removal. When all of the following events have occurred, the Shares then held by Purchaser will no longer be subject to the legend specified in Section (ii) and the Company will remove any stop-transfer notices associated with the transfer restrictions imposed by this Agreement: the termination of the Right of First Refusal; the expiration or exercise in full of the Repurchase Option; and the expiration or termination of the lock-up provisions of Section (g) (and of any agreement entered pursuant to Section (g)). After such time and upon Purchaser’s request, a new stock certificate or, in the case of uncertificated securities, notice of issuance, for the remaining Shares, shall be issued without the legend specified in Section (ii) and delivered to Purchaser.

Appears in 3 contracts

Samples: Common Stock Purchase Agreement, Common Stock Purchase Agreement, Common Stock Purchase Agreement

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Legend and Notice Removal. When all of the following events have occurred, the Shares then held by Purchaser will no longer be subject to the legend specified in Section (ii6(a)(ii) and the Company will remove any stop-transfer notices associated with the transfer restrictions imposed by this Agreement: the termination of the Right of First Refusal; the expiration or exercise in full of the Repurchase Option; and the expiration or termination of the lock-up provisions of Section (g3(g) (and of any agreement entered pursuant to Section (g3(g)). After such time and upon Purchaser’s request, a new stock certificate or, in the case of uncertificated securities, notice of issuance, for the remaining Shares, shall be issued without the legend specified in Section (ii6(a)(ii) and delivered to Purchaser.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement, Common Stock Purchase Agreement

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Legend and Notice Removal. When all of the following events have occurred, the Shares then held by Purchaser will no longer be subject to the legend specified in Section (ii5(a)(ii) and the Company will remove any stop-transfer notices associated with the transfer restrictions imposed by this Agreement: (i) the termination of the Right of First Refusal; the expiration or exercise in full of the Repurchase Option; and (ii) the expiration or termination of the lock-up provisions of Section (g3(f) (and of any agreement entered pursuant to Section (g)3(f). After such time and upon Purchaser’s request, a new stock certificate or, in the case of uncertificated securities, notice of issuance, for the remaining Shares, shall be issued without the legend specified in Section (ii5(a)(ii) and delivered to Purchaser.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Healthcare Triangle, Inc.)

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