Common use of Legend Requirement Clause in Contracts

Legend Requirement. Each stock certificate representing the Registerable Securities shall bear a legend in, or substantially in, the following form and any other legend required by any applicable state securities or Blue Sky laws: “The shares represented by this certificate have not been registered under the Securities Act of 1933, as amended, and may not be sold, pledged or otherwise transferred without an effective registration under said Act or unless the Company shall have received an opinion satisfactory to the Company of counsel satisfactory to the Company than an exemption from registration under such Act is then available.

Appears in 5 contracts

Samples: Registration Rights Agreement (Sefe, Inc.), Registration Rights Agreement (Sefe, Inc.), Registration Rights Agreement (Sefe, Inc.)

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Legend Requirement. Each stock certificate representing the ------------------ Registerable Securities shall bear a legend in, or substantially in, the following form and any other legend required by any applicable state securities or Blue Sky laws: "The shares represented by this certificate have not been registered under the Securities Act of 1933, as amended, and may not be sold, pledged or otherwise transferred without an effective registration under said Act or unless the Company shall have received an opinion satisfactory to the Company of counsel satisfactory to the Company than an exemption from registration under such Act is then available.

Appears in 2 contracts

Samples: Registration Rights Agreement (Pathogenics, Inc.), Registration Rights Agreement (Insynq Inc)

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