Common use of Removal of Legends, Etc Clause in Contracts

Removal of Legends, Etc. Notwithstanding the foregoing provisions of this Article VI, the restrictions imposed by Sections 6.1, 6.2 and 6.3 upon the transferability of any Restricted Securities shall cease and terminate when (a) 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 a Registration Statement or are sold or otherwise disposed of in a transaction contemplated by Section 6.3 which does not require that the Restricted Securities transferred bear the legend set forth in Section 6.2, or (b) the holder of such Restricted Securities has met the requirement of Transfer of such Restricted Securities pursuant to subparagraph (k) of Rule 144. Whenever the restrictions imposed by Sections 6.1, 6.2 and 6.3 shall terminate, as herein provided, the holder of any Restricted Securities shall be entitled to receive from the Company, without expense, a new certificate not bearing the restrictive legend set forth in Section 6.2 and not containing any other reference to the restrictions imposed by Sections 6.1, 6.2 and 6.3.

Removal of Legends, Etc. Notwithstanding the foregoing provisions of this Article VI, the restrictions imposed by Sections 6.1, 6.2 6.2(a), and 6.3 upon the transferability of any Restricted Securities shall cease and terminate when (ai) 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 a Registration Statement registration statement or are sold or otherwise disposed of in a transaction contemplated by Section 6.3 which does not require that the Restricted Securities securities transferred bear the legend set forth in Section 6.26.2(a), or (bii) the holder of such Restricted Securities has met the requirement of Transfer transfer of such Restricted Securities pursuant to subparagraph (k) of Rule 144144 of the Securities Act. Whenever the restrictions imposed by Sections 6.1, 6.2 6.2(a) and 6.3 shall terminate, as herein provided, the holder of any Restricted Securities shall be entitled to receive from the CompanyCorporation, without expense, a new certificate not bearing the restrictive legend set forth in Section 6.2 6.2(a) and not containing any other reference to the restrictions imposed by Sections 6.1, 6.2 6.2(a) and 6.3.

Removal of Legends, Etc. Notwithstanding the foregoing provisions of this Article VI, the restrictions imposed by Sections 6.1, 6.2 and 6.3 upon the transferability of any Restricted Securities shall cease and terminate when (a) 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 a Registration Statement or are sold or otherwise disposed of in a transaction contemplated by Section 6.3 which does not require that the Restricted Securities transferred bear the legend set forth in Section 6.2, or (b) the holder of such Restricted Securities has met the requirement of Transfer of such Restricted Securities pursuant to subparagraph (k) of Rule 144. Whenever the restrictions imposed by Sections 6.1, 6.2 and 6.3 shall terminate, as herein provided, the holder of any Restricted Securities shall be entitled to receive from the Company, without expense, a new certificate not bearing the restrictive legend set forth in Section 6.2 and not containing any other reference to the restrictions imposed by Sections 6.1, 6.2 and 6.3.in

Removal of Legends, Etc. Notwithstanding the foregoing ------------------------ provisions of this Article VISection 8, the restrictions imposed by Sections 6.1, 6.2 and 6.3 this Section 8 upon the transferability of any Restricted Securities shares of the capital stock of the Corporation held by the Purchaser shall cease and terminate when (a) any such Restricted Securities shares are sold or otherwise disposed of in accordance with pursuant to an effective registration statement under the intended method of disposition by the seller Securities Act or sellers thereof set forth in a Registration Statement or are sold or as otherwise disposed of in a transaction contemplated by Section 6.3 which does 8(c) and, pursuant to Section 8(c), the securities so transferred are not require that the Restricted Securities transferred required to bear the legend set forth in Section 6.2, 8(b) or (b) the holder of such Restricted Securities shares has met the requirement of requirements for Transfer of such Restricted Securities shares pursuant to subparagraph (k) of Rule 144. Whenever the restrictions imposed by Sections 6.1, 6.2 and 6.3 this Section 8 shall terminateterminate with respect to any security held by the Purchaser hereunder, as herein provided, the holder of any Restricted Securities Purchaser shall be entitled to receive from the CompanyCorporation, without expense, a new certificate representing such security not bearing the restrictive legend set forth in Section 6.2 8(b) and not containing any other reference to the restrictions imposed by Sections 6.1, 6.2 and 6.3this Section 8.

Removal of Legends, Etc. Notwithstanding the foregoing provisions of this Article VI, the restrictions imposed by Sections 6.1, 6.2 6.2(a), and 6.3 upon the transferability of any Restricted Securities shall cease and terminate when (a) 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 a Registration Statement registration statement or are sold or otherwise disposed of in a transaction contemplated by Section 6.3 which does not require that the Restricted Securities securities transferred bear the legend set forth in Section 6.26.2(a), or (b) the holder of such Restricted Securities has met the requirement of Transfer transfer of such Restricted Securities pursuant to subparagraph (k) of Rule 144144 of the Securities Act. Whenever the restrictions imposed by Sections 6.1, 6.2 6.2(a) and 6.3 shall terminate, as herein provided, the holder of any Restricted Securities shall be entitled to receive from the CompanyCorporation, without expense, a new certificate not bearing the restrictive legend set forth in Section 6.2 6.2(a) and not containing any other reference to the restrictions imposed by Sections 6.1, 6.2 6.2(a) and 6.3.