Common use of Legend on Certificate Clause in Contracts

Legend on Certificate. The certificates representing Shares acquired upon exercise of all or a portion of the Option Shares delivered to the Participant shall be subject to such stop transfer orders and other restrictions as the Committee may deem advisable under the Plan or the rules, regulations, and other requirements of the Securities and Exchange Commission, any stock exchange upon which such Shares are listed, and any applicable Federal or state laws, and the Committee may cause a legend or legends to be put on any such certificate to make appropriate reference to such restrictions.

Appears in 5 contracts

Samples: Stock Option Agreement (BTHC VII Inc), Stock Option Agreement (BTHC VII Inc), Stock Option Agreement (BTHC VII Inc)

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