Common use of Legends on Certificates Clause in Contracts

Legends on Certificates. The Stockholders acknowledge that none of the Shares owned by them have been registered under the Securities Act or registered or qualified under any state securities laws; that the provisions of Rule 144 promulgated under the Securities Act currently are not available for the public resale of the Shares; that the Shares therefore are not and will not be Transferable in the absence of a registration statement with respect to such shares or an applicable exemption from registration; and that a legend in substantially the following form will be typed or otherwise printed on the certificates representing the Shares: The certificates representing the Shares owned by the Stockholders, whether now outstanding or hereafter to be issued during the term of this Agreement, shall have conspicuously endorsed upon them a legend in substantially the following form:

Legends on Certificates. The Stockholders acknowledge Stockholder acknowledges that none of the Shares owned by them have been registered under the Securities Act or registered or qualified under any state securities laws; that the provisions of Rule 144 promulgated under the Securities Act currently are not available for the public resale of the Shares; that the Shares therefore are not and will not be Transferable in the absence of a registration statement with respect to such shares or an applicable exemption from registration; and that a legend in substantially the following form will be typed or otherwise printed on the certificates representing the Shares: The certificates representing the Shares owned by the StockholdersStockholder, whether now outstanding or hereafter to be issued during the term of this Agreement, shall may, at the discretion of the Company, have conspicuously endorsed upon them a legend in substantially the following form:

Legends on Certificates. The Stockholders acknowledge that none of the Shares owned by them have been registered under the Securities Act or registered or qualified under any state securities laws; that the provisions of Rule 144 promulgated under the Securities Act currently are not available for the public resale of the Shares; that the Shares therefore are not and will not be Transferable in the absence of a registration statement with respect to such shares or an applicable exemption from registration; and that a legend in substantially the following form will be typed or otherwise printed on the certificates representing the Shares: The certificates representing the Shares owned by the Stockholders, whether now outstanding or hereafter to be issued during the term of this Agreement, shall may, at the discretion of the Company, have conspicuously endorsed upon them a legend in substantially the following form: