Stock Certificate. Upon receipt of the documents to be provided for in Section 3.2 hereof, the Company shall deliver to the Optionee or other person specified in the Exercise Notice certificates for the Purchased Shares. If required under the Securities Act, each certificate shall bear the following legend: THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. THEY MAY NOT PUBLICLY BE OFFERED FOR SALE, SOLD OR DELIVERED AFTER SALE IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES UNDER SUCH ACT EXCEPT AS AUTHORIZED UNDER SAID ACT, AND UNLESS HEREAFTER REGISTERED WILL NOT BE TRANSFERRED UPON THE RECORDS OF THE CORPORATION IN THE ABSENCE OF AN OPINION OF COUNSEL TO THE CORPORATION THAT SUCH REGISTRATION IS NOT REQUIRED.
Appears in 4 contracts
Samples: Option Agreement (Nuwave Technologies Inc), Option Agreement (Nuwave Technologies Inc), Option Agreement (Nuwave Technologies Inc)
Stock Certificate. Upon receipt of the documents to be provided for in Section 3.2 hereof7.1 hereof in proper form, the Company shall deliver to the Optionee person or other person specified in exercising the Exercise Notice Option certificates for the Purchased Shares. If required under In the event the Purchased Shares are not then covered by an effective Securities ActAct registration statement, each certificate shall be subject to stop transfer instructions and bear the following legend: . THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF IF 1933, AS AMENDED. THEY MAY NOT PUBLICLY BE OFFERED FOR SALE, SOLD OR DELIVERED AFTER SALE IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES UNDER SUCH ACT EXCEPT AS AUTHORIZED UNDER SAID ACT, AND UNLESS HEREAFTER REGISTERED WILL NOT BE TRANSFERRED UPON THE RECORDS OF THE CORPORATION IN THE ABSENCE OF AN OPINION OF COUNSEL TO THE CORPORATION THAT SUCH REGISTRATION IS NOT REQUIRED.
Appears in 3 contracts
Samples: Stock Option Agreement (Distinctive Devices Inc), Stock Option Agreement (Distinctive Devices Inc), Stock Option Agreement (Distinctive Devices Inc)
Stock Certificate. Upon receipt of the documents to be ----------------- provided for in Section 3.2 hereofSections 6.1 and 6.2 hereof in proper form, the Company shall deliver to the Optionee person or other person specified in exercising the Exercise Notice Option certificates for the Purchased Shares. If required under the Securities Act, each Each certificate shall bear the following legend: . THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF IF 1933, AS AMENDED. THEY MAY NOT PUBLICLY BE OFFERED FOR SALE, SOLD OR DELIVERED AFTER SALE IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES UNDER SUCH ACT EXCEPT AS AUTHORIZED UNDER SAID ACT, AND UNLESS HEREAFTER REGISTERED WILL NOT BE TRANSFERRED UPON THE RECORDS OF THE CORPORATION IN THE ABSENCE OF AN OPINION OF COUNSEL TO THE CORPORATION THAT SUCH REGISTRATION IS NOT REQUIRED.
Appears in 2 contracts
Samples: Stock Option Agreement (Caprius Inc), Stock Option Agreement (Caprius Inc)
Stock Certificate. Upon receipt of the documents ---------------- to be provided for in Section 3.2 hereof, the Company shall deliver to the Optionee or other person specified in the Exercise Notice certificates for the Purchased Shares. If required under the Securities Act, each certificate shall bear the following legend: THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. THEY MAY NOT PUBLICLY BE OFFERED FOR SALE, SOLD OR DELIVERED AFTER SALE IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES UNDER SUCH ACT EXCEPT AS AUTHORIZED UNDER SAID ACT, AND UNLESS HEREAFTER REGISTERED WILL NOT BE TRANSFERRED UPON THE RECORDS OF THE CORPORATION IN THE ABSENCE OF AN OPINION OF COUNSEL TO THE CORPORATION THAT SUCH REGISTRATION IS NOT REQUIRED.
Appears in 1 contract
Samples: Option Agreement for Purchase of Common Stock (Nuwave Technologies Inc)