Common use of Stop Transfer Instructions; Refusal to Transfer Clause in Contracts

Stop Transfer Instructions; Refusal to Transfer. Purchaser agrees that in order to ensure compliance with the restrictions referred to herein, the Company may issue appropriate “stop transfer” instructions to its transfer agent, if any, with respect to such certificates or instruments and, if the Company transfers its own securities, it may make appropriate notations to the same effect in its own records. The Company shall not be required (i) to transfer on its books any Shares that have been sold or otherwise transferred in violation of any of the provisions of this Agreement or (ii) to treat as owner of such Shares or to accord the right to vote or pay dividends to any purchaser or other transferee to whom such Shares shall have been so transferred.

Stop Transfer Instructions; Refusal to Transfer. Purchaser (a) Recipient agrees that in order that, to ensure compliance with the restrictions referred to hereinimposed by this Agreement, the Company may issue appropriate “stop stop-transfer” instructions to its stock transfer agent, if any, with respect to such certificates or instruments and, if the Company transfers its own securities, it may make appropriate notations to the same effect in its own records. . (b) The Company shall will not be required (i) to transfer on its books any Shares that have been sold or otherwise transferred in violation of any of the provisions of this Agreement or (ii) to treat as owner of such Shares Shares, or to accord the right to vote or pay dividends dividends, to any purchaser Recipient or other transferee to whom such Shares shall have been so transferred.