Common use of Legends on Stock Certificates Clause in Contracts

Legends on Stock Certificates. All stock certificates ----------------------------- representing shares of Common Stock issued to the Optionee upon exercise of this option shall have affixed thereto legends substantially in the following forms, in addition to any other legends required by applicable state law: "The shares of stock represented by this certificate have not been registered under the Securities Act of 1933 and may not be transferred, sold or otherwise disposed of in the absence of an effective registration statement with respect to the shares evidenced by this certificate, filed and made effective under the Securities Act of 1933, or an opinion of counsel satisfactory to the Company to the effect that registration under such Act is not required." "The shares of stock represented by this certificate are subject to certain restrictions on transfer and repurchase rights contained in an Option Agreement, a copy of which will be furnished upon request by the issuer." To ensure compliance with the terms of this agreement, the Company may issue to its transfer agent appropriate stop transfer instructions with respect to the Shares.

Legends on Stock Certificates. All stock certificates ----------------------------- representing shares of Common Stock issued to the Optionee upon exercise of this option shall have affixed thereto legends substantially in the following forms, in addition to any other legends required by applicable state law: "“The shares of stock represented by this certificate have not been registered under the Securities Act of 1933 and may not be transferred, sold or otherwise disposed of in the absence of an effective registration statement with respect to the shares evidenced by this certificate, filed and made effective under the Securities Act of 1933, or an opinion of counsel satisfactory to the Company to the effect that registration under such Act is not required." "” “The shares of stock represented by this certificate are subject to certain restrictions on transfer and repurchase rights contained in an Option Agreement, a copy of which will be furnished upon request by the issuer." ” To ensure compliance with the terms of this agreement, the Company may issue to its transfer agent appropriate stop transfer instructions with respect to the Shares.