Common use of Legend on Certificate Clause in Contracts

Legend on Certificate. Each certificate representing the Debentures, or any shares of the Common Stock or other securities issued upon conversion of the Debentures, will bear a legend in substantially the following form (unless the Company has received in the opinion of counsel reasonably satisfactory to the Company that a legend is not necessary): "THE SECURITIES EVIDENCED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAW OF ANY STATE. THE SECURITIES MAY NOT BE SOLD, TRANSFERRED, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF EFFECTIVE REGISTRATION STATEMENTS OR AN OPINION OF COUNSEL ACCEPTABLE TO THIS COMPANY THAT REGISTRATION IS NOT REQUIRED."

Legend on Certificate. Each certificate representing the DebenturesSenior Notes or Warrants, or any shares of the Common Stock or other securities issued upon conversion exercise of the DebenturesWarrants, will shall (unless in the opinion of counsel, which opinion and counsel shall each be reasonably satisfactory to the Company, the same is not necessary) bear a legend in substantially the following form (unless the Company has received in the opinion of counsel reasonably satisfactory to the Company that a legend is not necessary): form: "THE SECURITIES EVIDENCED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAW OF ANY STATE. THE SECURITIES MAY NOT BE SOLD, TRANSFERRED, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF EFFECTIVE REGISTRATION STATEMENTS OR AN OPINION OF COUNSEL ACCEPTABLE TO THIS COMPANY THAT REGISTRATION IS NOT REQUIRED."