Common use of Stop Transfer Instruction Clause in Contracts

Stop Transfer Instruction. (a) Promptly following the date hereof, Stockholder and SunTrust shall deliver joint written instructions to the Company and to the Company’s transfer agent stating that the Securities may not be sold, transferred, pledged, assigned, hypothecated, tendered or otherwise disposed of in any manner without the prior written consent of SunTrust or except in accordance with the terms and conditions of this Agreement. (b) Promptly following the date hereof, Stockholder shall cause a legend to be placed on the certificates (to the extent the Securities are certificated) representing the Securities as set forth below: “The Securities represented by this certificate are subject to restrictions on transfer and may not be sold, transferred, pledged, assigned, hypothecated, tendered or otherwise disposed of except in accordance with and subject to the terms and conditions of a Voting Agreement dated November 2, 2007, between the registered holder hereof and SunTrust Banks, Inc.”

Appears in 13 contracts

Samples: Voting Agreement (Suntrust Banks Inc), Voting Agreement (Suntrust Banks Inc), Voting Agreement (Suntrust Banks Inc)

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