Common use of Removal of Legends Clause in Contracts

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing Shares sold under this Agreement is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Shares but without such legend.

Appears in 26 contracts

Samples: Global Stock Option Agreement (Eventbrite, Inc.), Employment Agreement (Talecris Biotherapeutics Holdings Corp.), Employment Agreement (Talecris Biotherapeutics Holdings Corp.)

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Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing Common Shares sold under this Agreement is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Common Shares but without lacking such legend.

Appears in 10 contracts

Samples: Restricted Stock Unit Agreement (Paccar Inc), Restricted Stock Award Agreement (Paccar Inc), Share Match Restricted Stock Award Agreement (Paccar Inc)

Removal of Legends. If, in the opinion of counsel to the Company and its counselCompany, any legend placed on a stock certificate representing Shares sold issued under this Agreement Award Letter is no longer required, then the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Shares but without such legend.

Appears in 8 contracts

Samples: Restricted Stock Agreement (NewStar Financial, Inc.), Restricted Stock Agreement (NewStar Financial, Inc.), Restricted Stock Agreement (NewStar Financial, Inc.)

Removal of Legends. If, in the opinion of counsel to the Company and its counselCompany, any legend placed on a stock certificate representing Shares sold issued under this Agreement is no longer required, then the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Shares but without such legend.

Appears in 7 contracts

Samples: Nonqualified Stock Option Agreement (Vallon Pharmaceuticals, Inc.), Nonqualified Stock Option Agreement (Vallon Pharmaceuticals, Inc.), Incentive Stock Option Agreement (Vallon Pharmaceuticals, Inc.)

Removal of Legends. If, in the opinion of the Company and its counselCompany, any legend placed on a stock certificate representing Shares sold under this Agreement is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Shares but without such legend.

Appears in 6 contracts

Samples: Stock Option Agreement (Comdata Network, Inc. Of California), Employee Non Statutory Stock Option Agreement (Panolam Industries International Inc), Stock Option Agreement (Comdata Network, Inc. Of California)

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing Shares sold issued under this Agreement is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Shares shares of common stock but without such legend.

Appears in 4 contracts

Samples: Non Qualified Stock Option Agreement (Medicalcv Inc), Non Qualified Stock Option Agreement (Medicalcv Inc), Non Qualified Stock Option Agreement (Medicalcv Inc)

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing Common Shares sold under this Agreement is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Common Shares but without lacking such legend.

Appears in 3 contracts

Samples: Nonstatutory Stock Option Agreement (Paccar Inc), Nonstatutory Stock Option Agreement (Urs Corp /New/), Nonstatutory Stock Option Agreement (Urs Corp /New/)

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing Shares sold under this Agreement agreement is no longer required, the holder of such the certificate shall will be entitled to exchange such the certificate for a certificate representing the same number of Shares but without such the legend.

Appears in 3 contracts

Samples: Stock Option Agreement (DDS Technologies Usa Inc), Stock Option Agreement (DDS Technologies Usa Inc), Stock Option Agreement (DDS Technologies Usa Inc)

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate of shares representing Shares sold under this Agreement Exercise Notice is no longer required, the holder of such the certificate shall be entitled to exchange such the certificate for a certificate representing the same number of Shares but without such legend.

Appears in 3 contracts

Samples: Stock Option Award Agreement (CBTX, Inc.), Stock Option Agreement (Nlight, Inc.), Us Share Option Agreement (Sagent Holding Co.)

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing Shares sold under issued upon an exercise of this Agreement Option is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Shares but without such legend.

Appears in 2 contracts

Samples: Stock Option Agreement (Trega Biosciences Inc), Stock Option Agreement (Trega Biosciences Inc)

Removal of Legends. If, in the opinion of the Company and its counselCompany, any legend placed on a stock certificate representing Shares Units sold under this Agreement is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Shares Units but without such legend.

Appears in 2 contracts

Samples: Option Award Agreement (NextWave Wireless LLC), Stock Option Agreement (NextWave Wireless LLC)

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing Shares shares of Stock sold under this Agreement is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Shares shares but without such legend.

Appears in 2 contracts

Samples: Nonqualified Stock Option Award and Subscription Agreement (Magellan Petroleum Corp /De/), Nonqualified Stock Option Award and Subscription Agreement (Magellan Petroleum Corp /De/)

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing Shares shares of Stock sold under this Agreement is no longer is required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Shares shares of Stock but without such legend.

Appears in 2 contracts

Samples: Stock Option Agreement (Gulfport Energy Corp), Stock Option Agreement (Crimson Exploration Inc.)

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing Option Shares sold under this Award Agreement is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Option Shares but without such legend.

Appears in 2 contracts

Samples: Share Option Award Agreement (Archipelago Holdings L L C), Share Option Award Agreement (Archipelago Holdings L L C)

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing Shares shares of Common Stock sold under this Agreement is no longer is required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Shares shares of Common Stock but without such legend.

Appears in 2 contracts

Samples: Stock Option Agreement (Crimson Exploration Inc.), Stock Option Agreement (Crimson Exploration Inc.)

Removal of Legends. If, in the opinion of the Company Corporation and its counsel, any legend placed on a stock certificate representing Shares sold shares of Stock issued under this Agreement the Plan is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Shares shares of Stock but without lacking such legend.

Appears in 1 contract

Samples: Award Agreement (Oshkosh Truck Corp)

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing Common Shares sold under this Agreement is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Common Shares but without lacking such legend.. Performance-Based Annual

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Paccar Inc)

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Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing Shares sold shares of Stock acquired under this Agreement is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Shares shares of Stock but without lacking such legend.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Paccar Inc)

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing Shares sold under this Agreement is Warrant no longer is required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Shares but without such legend.

Appears in 1 contract

Samples: License Agreement Warrant to Purchase Common Stock (Xsunx Inc)

Removal of Legends. If, in the reasonable opinion of the Company and its counsel, any legend placed on a stock certificate representing Shares sold under this Agreement is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Shares but without lacking such legend.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Healthsouth Corp)

Removal of Legends. If, in the opinion of the Company and its counsel, ------------------ any legend placed on a stock certificate representing Shares sold under this Agreement is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Shares but without lacking such legend.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (North American Biologicals Inc)

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing Shares sold issued under this Agreement is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Shares shares of Common Stock but without such legend.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (K Tel International Inc)

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing Option Shares sold under this Option Agreement is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Option Shares but without such legend.

Appears in 1 contract

Samples: Stock Option Agreement (Royale Energy, Inc.)

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing Shares sold shares of Common Stock purchased under this Agreement is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Shares shares of Common Stock but without such legend.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Official Payments Corp)

Removal of Legends. If, in the opinion of the Company and its ------------------ counsel, any legend placed on a stock certificate representing Shares sold under this Agreement greement is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Shares but without such legend.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Getthere Com)

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing Shares sold under this Agreement Restricted Stock is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Common Shares but without lacking such legend.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Paccar Inc)

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock share certificate representing Shares sold under this Agreement is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Shares but without such legend.

Appears in 1 contract

Samples: Share Option Agreement (Pivotal Holdings Corp)

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing Shares sold under this Option Agreement is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Shares but without such legend.

Appears in 1 contract

Samples: Option Agreement (GlassHouse Technologies Inc)

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