Common use of Restricted Stock; Registration Clause in Contracts

Restricted Stock; Registration. The shares of Common Stock of the Company purchased upon exercise of this Warrant ("Restricted Stock") or purchasable upon exercise of this Warrant ("Underlying Stock") shall not be transferable except upon the conditions stated below, which are intended to insure compliance with federal and state securities laws. The certificates representing these shares of stock, unless the same are registered prior to exercise of this Warrant, shall be stamped or otherwise imprinted with a legend in substantially the following form: "The securities represented by this Certificate have not been registered under the Securities Act of 1933, as amended, or the securities laws of any state. The securities have been acquired for investment and may not be sold, offered for sale or transferred in the absence of an effective registration under the Securities Act of 1933, as amended, and any applicable state securities laws or an opinion of counsel satisfactory in form and substance to counsel for the Company that the transaction shall not result in a violation of state or federal securities laws."

Appears in 17 contracts

Samples: Warrant Agreement (Uniview Technologies Corp), Warrant Agreement (Uniview Technologies Corp), Warrant Agreement (Uniview Technologies Corp)

AutoNDA by SimpleDocs

Restricted Stock; Registration. The shares of Common Stock of the Company Corporation purchased upon exercise of this Warrant ("''Restricted Stock"'') or purchasable upon exercise of this Warrant ("''Underlying Stock"'') shall not be transferable except upon the conditions stated below, which are intended to insure compliance with federal and state securities laws. The certificates representing these shares of stock, unless the same are registered prior to exercise of this Warrant, shall be stamped or otherwise imprinted with a legend in substantially the following form: "''The securities represented by this Certificate have not been registered under the Securities Act of 1933, as amended, or the securities laws of any state. The securities have been acquired for investment and may not be sold, offered for sale or transferred in the absence of an effective registration under the Securities Act of 1933, as amended, and any applicable state securities laws or an opinion of counsel satisfactory in form and substance to counsel for the Company Corporation that the transaction shall not result in a violation of state or federal securities laws."''

Appears in 1 contract

Samples: Warrant Agreement (Curtis Mathes Holding Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!