Common use of Restricted Transferability Clause in Contracts

Restricted Transferability. Purchaser acknowledges that the Shares and the shares of Common Stock issuable upon conversion thereof are being offered and sold hereunder in a private placement that is exempt from the registration requirements of the Securities Act and that certificates for such Shares will bear the legend referred to in Section 6.2 below.

Appears in 3 contracts

Samples: Preferred Stock Purchase Agreement (Chromatics Color Sciences International Inc), Preferred Stock Purchase Agreement (Chromatics Color Sciences International Inc), Preferred Stock Purchase Agreement (Chromatics Color Sciences International Inc)

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Restricted Transferability. The Purchaser acknowledges that the Shares and the shares of Common Stock issuable upon conversion thereof are being offered and sold hereunder in a private placement that is exempt from the registration requirements of the Securities Act and that certificates for such Shares the Common Stock will bear the legend referred to set forth in Section 6.2 3.02(f) below.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Viewpoint Corp), Stock Purchase Agreement (Viewpoint Corp)

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