Common use of Stop Transfer Order; Legend Clause in Contracts

Stop Transfer Order; Legend. In furtherance of this Agreement, and concurrently herewith, the Stockholder shall and hereby does authorize the Company or Parent’s counsel to notify the Company’s transfer agent that there is a stop transfer order with respect to all of the Voting Shares; provided, that any such stop transfer restriction shall terminate at the Termination Date, and upon such event, Parent shall notify the Company’s transfer agent of such termination. At the request of Parent, the Stockholder shall cause to be provided to Parent evidence of such stop transfer order. All certificates evidencing the Voting Shares will bear a prominent legend to the effect that such Voting Shares are subject to the terms and conditions of this Agreement.

Appears in 10 contracts

Samples: Support Agreement (BTP Acquisition Company, LLC), Support Agreement (BTP Acquisition Company, LLC), Support Agreement (Greenwald Martin W)

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