Common use of Removal of Legends, Etc Clause in Contracts

Removal of Legends, Etc. Notwithstanding the foregoing provisions of this Agreement, the restrictions imposed by this Agreement upon the transferability of any Restricted Securities covered by this Agreement shall cease and terminate when any such Restricted Securities are sold or otherwise disposed of in accordance with the intended method of disposition by the seller or sellers thereof set forth in an effective registration statement or as otherwise contemplated by Section 4 hereof. Whenever the restrictions imposed by this Agreement shall terminate, as herein provided, the holder of any Restricted Securities covered by this Agreement shall be entitled to receive from the Corporation, without expense, a new certificate not bearing the restrictive legends set forth in Section 3 and not containing any other reference to the restrictions imposed by this Agreement.

Removal of Legends, Etc. Notwithstanding the foregoing provisions of this AgreementSchedule, the restrictions imposed by this Agreement Schedule upon the transferability of any Restricted Securities covered by this Agreement shall cease and terminate when any such Restricted Securities are sold or otherwise disposed of in accordance with the intended method of disposition by the seller or sellers thereof set forth in an effective the registration statement or as otherwise contemplated by Section 4 hereof. Whenever the restrictions imposed by this Agreement Schedule shall terminate, as herein provided, the holder of any Restricted Securities covered by this Agreement as to which such restrictions have terminated shall be entitled to receive from the Corporation, without expense, a new certificate not bearing the restrictive legends set forth referred to in Section 3 hereof and not containing any other reference to the restrictions imposed by this AgreementSchedule.