Common use of Legend Restrictions Clause in Contracts

Legend Restrictions. Optionee further understands and agrees that FNB may cause an appropriate restrictive legend or legends to be placed upon any certificate(s) evidencing the Shares, and may issue appropriate "stop-transfer" instructions to FNB's transfer agent, U.S. Stock Transfer Corporation, in order to ensure compliance with relevant federal and state securities laws, as described hereinabove.

Appears in 4 contracts

Samples: Nonstatutory Stock Option Agreement (FNB Bancorp/Ca/), Incentive Stock Option Agreement (FNB Bancorp/Ca/), Nonstatutory Stock Option Agreement (FNB Bancorp/Ca/)

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