Common use of Legend and Stop Transfer Order Clause in Contracts

Legend and Stop Transfer Order. To assist in effectuating the provisions of this Agreement, each of the Investors hereby consents to the placement, in connection with the transactions contemplated by the Purchase Agreement or otherwise within 10 business days after any Company Voting Securities become subject to the provisions of this Agreement, of the applicable legend specified in the Assignment Agreement on all certificates representing ownership of Company Voting Securities owned of record or beneficially by any member of the Zell Xxxup, until such shares are sold, transferred or disposed in a manner permitted hereby to a person who is not then a member of the Zell Xxxup. The Company agrees to remove promptly all legends and stop transfer orders with respect to the transfer of Company Voting Securities being made to a person who is not then a member of the Zell Xxxup in compliance with the provisions of this Agreement.

Appears in 1 contract

Samples: Investment Agreement (Samstock LLC)

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Legend and Stop Transfer Order. To assist in effectuating the provisions of this Agreement, each of the Investors hereby consents to the placement, in connection with the transactions contemplated by the Purchase Agreement or otherwise within 10 business days after any Company Voting Securities become subject to the provisions of this Agreement, of the applicable legend specified in Section 11.1 of the Assignment Purchase Agreement on all certificates representing ownership of Company Voting Securities owned of record or beneficially by any member of the Zell XxxupXxxx Group, until such shares are sold, transferred or disposed in a manner permitted hereby to a person who is not then a member of the Zell XxxupXxxx Group. The Company agrees to remove promptly all legends and stop transfer orders with respect to the transfer of Company Voting Securities being made to a person who is not then a member of the Zell Xxxup Xxxx Group in compliance with the provisions of this Agreement.

Appears in 1 contract

Samples: Investment Agreement (Transmedia Network Inc /De/)

Legend and Stop Transfer Order. To assist in effectuating the provisions of this Agreement, each of the Investors Stockholder hereby consents (i) to the placement, in connection with the transactions contemplated by the Purchase Agreement or otherwise placement within 10 business days after any Company Voting Securities become subject to the provisions of this Agreement, of the applicable legend specified in Section 4.10(b) of the Assignment Stock Purchase and Sale Agreement on all certificates representing ownership of Company Voting Securities owned of record or beneficially by any member of the Zell Xxxup, until such shares are sold, transferred or disposed in a manner permitted hereby to a person who is not then a member of the Zell Xxxup, and (ii) to the entry of stop transfer orders with the transfer agent or agents of Company Voting Securities against the transfer of Company Voting Securities except in compliance with the requirements of this Agreement. The Company agrees to remove promptly all legends and stop transfer orders with respect to the transfer of Company Voting Securities being made to a person who is not then a member of the Zell Xxxup in compliance with the provisions of this Agreement.

Appears in 1 contract

Samples: Standstill Agreement (Chart House Investors LLC)

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Legend and Stop Transfer Order. To assist in effectuating the provisions of this Agreement, each of the Investors hereby consents to the placement, in connection with the transactions contemplated by the Purchase Agreement or otherwise within 10 business days after any Company Voting Securities become subject to the provisions of this Agreement, of the applicable legend specified in Section 11.1 of the Assignment Purchase Agreement on all certificates representing ownership of Company Voting Securities owned of record or beneficially by any member of the Zell Xxxup, until such shares are sold, transferred or disposed in a manner permitted hereby to a person who is not then a member of the Zell Xxxup. The Company agrees to remove promptly all legends and stop transfer orders with respect to the transfer of Company Voting Securities being made to a person who is not then a member of the Zell Xxxup in compliance with the provisions of this Agreement.

Appears in 1 contract

Samples: Investment Agreement (Transmedia Investors LLC)

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