Common use of Restricted Securities and Legend Clause in Contracts

Restricted Securities and Legend. Brette understands that the shares of ISMR Stock being purchased by Bretxx xxx not registered under the Securities Act of 1933, as amended (xxx "Xct"), Delaware securities laws, or any other applicable securities law. Therefore, the shares of ISMR Stock are deemed to be restricted stock as such term is used in the rules and regulations promulgated under the Act and cannot be sold or otherwise transferred unless such sale or transfer is effectuated to an effective registration statement under the Act and all applicable state securities laws or pursuant to an exemption from registration. The Brette understands that ISMR will not permit a transfer of the shares of XXXX Stock unless such transfer is exempt from registration or a registration statement has become effective pertaining to such transfer. Brette agrees and understands that the stock certificates representing txx xxxres of ISMR Stock shall contain a legend on the reverse side of the certificates in substantially the following form: THE SECURITIES REPRESENTED BY THIS STOCK CERTIFICATE ARE RESTRICTED SECURITIES AND MAY NOT BE SOLD OR TRANSFERRED EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT OR PURSUANT TO AN EXEMPTION FROM REGISTRATION. THE COMPANY WILL REFUSE TO PERMIT A TRANSFER OF THIS STOCK UNLESS THE COMPANY HAS RECEIVED EVIDENCE SATISFACTORY TO COUNSEL FOR THE COMPANY THAT SUCH TRANSFER IS PURSUANT TO AN EFFECTIVE REGISTRATION OR EXEMPTION FROM REGISTRATION. THIS STOCK HAS NOT BEEN REGISTERED UNDER THE FLORIDA SECURITIES AND INVESTOR PROTECTION ACT OR THE SECURITIES ACT OF 1933, AS AMENDED.

Restricted Securities and Legend. Brette Xxxxxx understands that the shares -------------------------------- of ISMR Stock being purchased by Bretxx xxx Xxxxxx are not registered under the Securities Act of 19331993, as amended (xxx the "XctAct"), Delaware securities laws, or any other applicable securities law. Therefore, the shares of ISMR Stock are deemed to be restricted stock as such term is used in the rules and regulations promulgated under the Act and cannot be sold or otherwise transferred unless such sale or transfer is effectuated to an effective registration statement under the Act and all applicable state securities laws or pursuant to an exemption from registration. The Brette Xxxxxx understands that ISMR will not permit a transfer of the shares of XXXX ISMR Stock unless such transfer is exempt from registration or a registration statement has become effective pertaining to such transfer. Brette Xxxxxx agrees and understands that the stock certificates representing txx xxxres the shares of ISMR Stock shall contain a legend on the reverse side of the certificates in substantially the following form: THE SECURITIES REPRESENTED BY THIS STOCK CERTIFICATE ARE RESTRICTED SECURITIES AND MAY NOT BE SOLD OR TRANSFERRED EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT OR PURSUANT TO AN EXEMPTION FROM REGISTRATION. THE COMPANY WILL REFUSE TO PERMIT A TRANSFER OF THIS STOCK UNLESS THE COMPANY HAS RECEIVED EVIDENCE SATISFACTORY TO COUNSEL FOR THE COMPANY THAT SUCH TRANSFER IS PURSUANT TO AN EFFECTIVE REGISTRATION OR EXEMPTION FROM REGISTRATION. THIS STOCK HAS NOT BEEN REGISTERED UNDER THE FLORIDA SECURITIES AND INVESTOR PROTECTION ACT OR THE SECURITIES ACT OF 1933OR 1993, AS AMENDED.

Restricted Securities and Legend. Brette Xxxxxx understands that the shares of ISMR Stock being purchased by Bretxx xxx Xxxxxx are not registered under the Securities Act of 1933, as amended (xxx the "XctAct"), Delaware securities laws, or any other applicable securities law. Therefore, the shares of ISMR Stock are deemed to be restricted stock as such term is used in the rules and regulations promulgated under the Act and cannot be sold or otherwise transferred unless such sale or transfer is effectuated to an effective registration statement under the Act and all applicable state securities laws or pursuant to an exemption from registration. The Brette Xxxxxx understands that ISMR will not permit a transfer of the shares of XXXX ISMR Stock unless such transfer is exempt from registration or a registration statement has become effective pertaining to such transfer. Brette Xxxxxx agrees and understands that the stock certificates representing txx xxxres the shares of ISMR Stock shall contain a legend on the reverse side of the certificates in substantially the following form: THE SECURITIES REPRESENTED BY THIS STOCK CERTIFICATE ARE RESTRICTED SECURITIES AND MAY NOT BE SOLD OR TRANSFERRED EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT OR PURSUANT TO AN EXEMPTION FROM REGISTRATION. THE COMPANY WILL REFUSE TO PERMIT A TRANSFER OF THIS STOCK UNLESS THE COMPANY HAS RECEIVED EVIDENCE SATISFACTORY TO COUNSEL FOR THE COMPANY THAT SUCH TRANSFER IS PURSUANT TO AN EFFECTIVE REGISTRATION OR EXEMPTION FROM REGISTRATION. THIS STOCK HAS NOT BEEN REGISTERED UNDER THE FLORIDA SECURITIES AND INVESTOR PROTECTION ACT OR THE SECURITIES ACT OF 1933, AS AMENDED.