Common use of Stock Transfer Restrictions Clause in Contracts

Stock Transfer Restrictions. (i) Each shareholder is aware that it must bear the full economic risk of an investment in the Shares of CENTREX for an indefinite period of time, because the transaction in which the Shares are being issued has not been registered under the Securities Act of 1933, as amended ("Securities Act"), or the securities laws of any state; and, therefore, the Shares cannot be sold, pledged, transferred or otherwise disposed of unless registered under applicable securities laws or an exemption from registration is available. Each shareholder further understands that only CENTREX can take action to register the Shares, and the cost of registration is prohibitive.

Stock Transfer Restrictions. (i) Each shareholder It is aware that it must bear the full economic risk of an investment in the Shares of CENTREX LEXON for an indefinite period of time, because the transaction in which the Shares are being issued has not been registered under the Securities Act of 1933, as amended ("Securities Act"), or the securities laws of any state; and, therefore, the Shares cannot be sold, pledged, transferred or otherwise disposed of unless registered under applicable securities laws or an exemption from registration is available. Each shareholder It further understands that only CENTREX LEXON can take action to register the Shares, and the cost of registration is prohibitive.

Stock Transfer Restrictions. (i) Each shareholder It is aware that it must bear the full economic risk of an investment in the Shares of CENTREX for an indefinite period of time, because the transaction Sequentially numbered page 158 in which the Shares are being issued has not been registered under the Securities Act of 1933, as amended ("Securities Act"), or the securities laws of any state; and, therefore, the Shares cannot be sold, pledged, transferred or otherwise disposed of unless registered under applicable securities laws or an exemption from registration is available. Each shareholder It further understands that only CENTREX can take action to register the Shares, and the cost of registration is prohibitive.

Stock Transfer Restrictions. (i) Each shareholder It is aware that it must bear the full economic risk of an investment in the Shares of CENTREX for an indefinite period of time, because the transaction Sequentially numbered page 156 in which the Shares are being issued has not been registered under the Securities Act of 1933, as amended ("Securities Act"), or the securities laws of any state; and, therefore, the Shares cannot be sold, pledged, transferred or otherwise disposed of unless registered under applicable securities laws or an exemption from registration is available. Each shareholder It further understands that only CENTREX can take action to register the Shares, and the cost of registration is prohibitive.

Stock Transfer Restrictions. (i) Each shareholder It is aware that it must bear the full economic risk of an investment in the Shares of CENTREX for an indefinite period of time, because the transaction Sequentially numbered page 157 in which the Shares are being issued has not been registered under the Securities Act of 1933, as amended ("Securities Act"), or the securities laws of any state; and, therefore, the Shares cannot be sold, pledged, transferred or otherwise disposed of unless registered under applicable securities laws or an exemption from registration is available. Each shareholder It further understands that only CENTREX can take action to register the Shares, and the cost of registration is prohibitive.