Common use of Legends and Stop Transfer Orders Clause in Contracts

Legends and Stop Transfer Orders. (a) Each of the Holders hereby agrees that all certificates representing Acquired Shares shall have the following legend (or other legend to the same effect): “The shares represented by this certificate are subject to restrictions on transfer and other restrictions pursuant to the provisions of a Registration Rights Agreement, dated May 6, 2006, between SkyTerra Communications, Inc. and the Holders named therein, a copy of which is on file at the office of the corporate secretary of the Holders.” (b) Each of the Holders hereby agrees to the entry of stop transfer orders with the transfer agent and registrar of the Acquired Shares against the transfer (other than in compliance with this Agreement) of legended securities held by the Holders (or its permitted transferees under Section 5.1(c), (f), (g), (h) or (i) hereof). (c) SkyTerra agrees to remove any stop transfer orders provided in paragraph (b) above in sufficient time to permit any party to make any transfer permitted by the terms of this Agreement.

Legends and Stop Transfer Orders. (a) Each of the Holders hereby agrees that all certificates representing Acquired Shares that are hereafter acquired by BCE, shall have the following legend (or other legend to the same effect): “The shares represented by this certificate are subject to restrictions on transfer and other restrictions pursuant to the provisions of a an Amended and Restated Registration Rights Agreement, dated May 6•, 2006, between SkyTerra Communications, Inc. and the Holders named therein, a copy of which is on file at the office of the corporate secretary of the Holders.” (b) Each of the Holders hereby agrees to the entry of stop transfer orders with the transfer agent and registrar of the Acquired Shares against the transfer (other than in compliance with this Agreement) of legended securities held by the Holders (or its permitted transferees under Section 5.1(c), (f), (g), (h) or (if) hereof). (c) SkyTerra agrees to remove any stop transfer orders provided in paragraph (b) above in sufficient time to permit any party to make any transfer permitted by the terms of this Agreement.

Legends and Stop Transfer Orders. (a) Each of the Holders hereby agrees that all certificates representing Acquired Shares shall have the following legend (or other legend to the same effect): “The shares represented by this certificate are subject to restrictions on transfer and other restrictions pursuant to the provisions of a Registration Rights Agreement, dated May 6, 2006, between by and among the Holders (as defined therein) and SkyTerra Communications, Inc. and the Holders named thereinInc., a copy of which is on file at with each Holder or the office of the corporate secretary of the Holdersthereof.” (b) Each of the Holders hereby agrees to the entry of stop transfer orders with the transfer agent and registrar of the Acquired Shares against the transfer (other than in compliance with this Agreement) of legended securities held by the Holders (or its their permitted transferees under Section 5.1(c), (f), (g), (h5.1(f) or (ig) hereof). (c) SkyTerra agrees to remove any stop transfer orders provided in paragraph (b) above in sufficient time to permit any party to make any transfer permitted by the terms of this Agreement.