Common use of Stock Certificate Restrictive Legends Clause in Contracts

Stock Certificate Restrictive Legends. Stock certificates evidencing Shares may bear such restrictive legends as the Company and the Company’s counsel deem necessary or advisable under applicable law or pursuant to this Agreement, including, without limitation, the following legends: “THE SECURITIES REPRESENTED HEREBY ARE SUBJECT TO A RIGHT OF FIRST REFUSAL BY THE COMPANY PURSUANT TO THE PROVISION OF A STOCK RESTRICTION AGREEMENT BETWEEN THE COMPANY AND THE ORIGINAL PURCHASER OF SUCH SECURITIES, AND MAY NOT BE SOLD OR OTHERWISE TRANSFERRED EXCEPT IN COMPLIANCE IN TERMS WITH’ SUCH AGREEMENT.” “THE SECURITIES REPRESENTED HEREBY ARE SUBJECT TO RESTRICTIONS ON TRANSFER FOR A PERIOD OF 180 DAYS FOLLOWING THE EFFECTIVE DATE OF A REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933, AS AMENDED, FOR AN OFFERING OF THE COMPANY’S SECURITIES AS MORE FULLY PROVIDED IN A STOCK RESTRICTION AGREEMENT BETWEEN THE COMPANY AND THE ORIGINAL PURCHASER OF SUCH SECURITIES, A COPY OF WHICH AGREEMENT IS ON FILE WITH THE COMPANY.”

Stock Certificate Restrictive Legends. Stock certificates evidencing NQO Shares may bear such restrictive legends as the Company company and the Companycompany’s counsel deem necessary or advisable under applicable law or pursuant to this Agreement, including, without limitation, the following legends: “THE SECURITIES TRANSFER, SALE, PLEDGE, HYPOTHECATION OR OTHER DISPOSITION OF THE SHARES OF STOCK REPRESENTED HEREBY ARE SUBJECT TO A RIGHT OF FIRST REFUSAL BY THIS CERTIFICATE IS RESTRICTED BY THE COMPANY PURSUANT TO THE PROVISION OF A STOCK RESTRICTION INVESTOR RIGHTS AGREEMENT BETWEEN AMONG THE COMPANY AND ITS STOCKHOLDERS, A COPY OF WHICH IS ON FILE AT THE ORIGINAL PURCHASER OFFICE OF SUCH SECURITIESTHE COMPANY. THE COMPANY WILL FURNISH A COPY OF THE INVESTOR RIGHTS AGREEMENT TO THE HOLDER OF THIS CERTIFICATE UPON REQUEST AND WITHOUT CHARGE. THE SHARES EVIDENCED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 OR ANY STATE SECURITIES LAWS, HAVE BEEN ACQUIRED FOR INVESTMENT AND NOT FOR RESALE OR DISTRIBUTION, AND MAY NOT BE SOLD OR OTHERWISE TRANSFERRED EXCEPT UNLESS IN COMPLIANCE IN TERMS WITH’ SUCH AGREEMENT.” “THE SECURITIES REPRESENTED HEREBY ARE SUBJECT TO RESTRICTIONS ON TRANSFER OPINION OF COUNSEL FOR A PERIOD OF 180 DAYS FOLLOWING THE EFFECTIVE DATE OF A REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933, AS AMENDED, FOR AN OFFERING OF THE COMPANY’S SECURITIES AS MORE FULLY PROVIDED IN A STOCK RESTRICTION AGREEMENT BETWEEN THE COMPANY AND THE ORIGINAL PURCHASER OF SUCH SECURITIES, A COPY OF WHICH AGREEMENT IS ON FILE WITH THE COMPANYSALE OR TRANSFER WILL NOT VIOLATE APPLICABLE SECURITIES LAWS.”

Stock Certificate Restrictive Legends. Stock certificates evidencing ISO Shares may bear such restrictive legends as the Company and the Company’s counsel deem necessary or advisable under applicable law or pursuant to this Agreement, including, without limitation, the following legends: “THE SECURITIES TRANSFER, SALE, PLEDGE, HYPOTHECATION OR OTHER DISPOSITION OF THE SHARES OF STOCK REPRESENTED HEREBY ARE SUBJECT TO A RIGHT OF FIRST REFUSAL BY THIS CERTIFICATE IS RESTRICTED BY THE COMPANY PURSUANT TO THE PROVISION OF A STOCK RESTRICTION INVESTOR RIGHTS AGREEMENT BETWEEN AMONG THE COMPANY AND ITS STOCKHOLDERS, A COPY OF WHICH IS ON FILE AT THE ORIGINAL PURCHASER OFFICE OF SUCH SECURITIESTHE COMPANY. THE COMPANY WILL FURNISH A COPY OF THE INVESTOR RIGHTS AGREEMENT TO THE HOLDER OF THIS CERTIFICATE UPON REQUEST AND WITHOUT CHARGE. THE SHARES EVIDENCED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 OR ANY STATE SECURITIES LAWS, HAVE BEEN ACQUIRED FOR INVESTMENT AND NOT FOR RESALE OR DISTRIBUTION, AND MAY NOT BE SOLD OR OTHERWISE TRANSFERRED EXCEPT UNLESS IN COMPLIANCE IN TERMS WITH’ SUCH AGREEMENT.” “THE SECURITIES REPRESENTED HEREBY ARE SUBJECT TO RESTRICTIONS ON TRANSFER OPINION OF COUNSEL FOR A PERIOD OF 180 DAYS FOLLOWING THE EFFECTIVE DATE OF A REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933, AS AMENDED, FOR AN OFFERING OF THE COMPANY’S SECURITIES AS MORE FULLY PROVIDED IN A STOCK RESTRICTION AGREEMENT BETWEEN THE COMPANY AND THE ORIGINAL PURCHASER OF SUCH SECURITIES, A COPY OF WHICH AGREEMENT IS ON FILE WITH THE COMPANYSALE OR TRANSFER WILL NOT VIOLATE APPLICABLE SECURITIES LAWS.”

Stock Certificate Restrictive Legends. Stock certificates evidencing ISO Shares may bear such restrictive legends as the Company and the Company’s counsel deem necessary or advisable under applicable law or pursuant to this Agreement, including, without limitation, the following legends: “THE SECURITIES TRANSFER, SALE, PLEDGE, HYPOTHECATION OR OTHER DISPOSITION OF THE SHARES OF STOCK REPRESENTED HEREBY ARE SUBJECT TO A RIGHT OF FIRST REFUSAL BY THIS CERTIFICATE IS RESTRICTED BY THE COMPANY PURSUANT TO THE PROVISION OF A STOCK RESTRICTION STOCKHOLDERS AGREEMENT BETWEEN AMONG THE COMPANY AND ITS STOCKHOLDERS, A COPY OF WHICH IS ON FILE AT THE ORIGINAL PURCHASER OFFICE OF SUCH SECURITIESTHE COMPANY. THE COMPANY WILL FURNISH A COPY OF THE STOCKHOLDERS AGREEMENT TO THE HOLDER OF THIS CERTIFICATE UPON REQUEST AND WITHOUT CHARGE. THE SHARES EVIDENCED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 OR ANY STATE SECURITIES LAWS, HAVE BEEN ACQUIRED FOR INVESTMENT AND NOT FOR RESALE OR DISTRIBUTION, AND MAY NOT BE SOLD OR OTHERWISE TRANSFERRED EXCEPT UNLESS IN COMPLIANCE IN TERMS WITH’ SUCH AGREEMENT.” “THE SECURITIES REPRESENTED HEREBY ARE SUBJECT TO RESTRICTIONS ON TRANSFER OPINION OF COUNSEL FOR A PERIOD OF 180 DAYS FOLLOWING THE EFFECTIVE DATE OF A REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933, AS AMENDED, FOR AN OFFERING OF THE COMPANY’S SECURITIES AS MORE FULLY PROVIDED IN A STOCK RESTRICTION AGREEMENT BETWEEN THE COMPANY AND THE ORIGINAL PURCHASER OF SUCH SECURITIES, A COPY OF WHICH AGREEMENT IS ON FILE WITH THE COMPANYSALE OR TRANSFER WILL NOT VIOLATE APPLICABLE SECURITIES LAWS.”

Stock Certificate Restrictive Legends. Stock certificates evidencing NQO Shares may bear such restrictive legends as the Company and the Company’s counsel deem necessary or advisable under applicable law or pursuant to this Agreement, including, without limitation, the following legends: “THE SECURITIES TRANSFER, SALE, PLEDGE, HYPOTHECATION OR OTHER DISPOSITION OF THE SHARES OF STOCK REPRESENTED HEREBY ARE SUBJECT TO A RIGHT OF FIRST REFUSAL BY THIS CERTIFICATE IS RESTRICTED BY THE COMPANY PURSUANT TO THE PROVISION OF A STOCK RESTRICTION INVESTOR RIGHTS AGREEMENT BETWEEN AMONG THE COMPANY AND ITS STOCKHOLDERS, A COPY OF WHICH IS ON FILE AT THE ORIGINAL PURCHASER OFFICE OF SUCH SECURITIESTHE COMPANY. THE COMPANY WILL FURNISH A COPY OF THE INVESTOR RIGHTS AGREEMENT TO THE HOLDER OF THIS CERTIFICATE UPON REQUEST AND WITHOUT CHARGE. THE SHARES EVIDENCED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 OR ANY STATE SECURITIES LAWS, HAVE BEEN ACQUIRED FOR INVESTMENT AND NOT FOR RESALE OR DISTRIBUTION, AND MAY NOT BE SOLD OR OTHERWISE TRANSFERRED EXCEPT UNLESS IN COMPLIANCE IN TERMS WITH’ SUCH AGREEMENT.” “THE SECURITIES REPRESENTED HEREBY ARE SUBJECT TO RESTRICTIONS ON TRANSFER OPINION OF COUNSEL FOR A PERIOD OF 180 DAYS FOLLOWING THE EFFECTIVE DATE OF A REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933, AS AMENDED, FOR AN OFFERING OF THE COMPANY’S SECURITIES AS MORE FULLY PROVIDED IN A STOCK RESTRICTION AGREEMENT BETWEEN THE COMPANY AND THE ORIGINAL PURCHASER OF SUCH SECURITIES, A COPY OF WHICH AGREEMENT IS ON FILE WITH THE COMPANYSALE OR TRANSFER WILL NOT VIOLATE APPLICABLE SECURITIES LAWS.”