Common use of Stop Transfer Order; Legend Clause in Contracts

Stop Transfer Order; Legend. Stockholder hereby agrees that it will not request that the Company register the Transfer of any certificate or uncertificated interest representing any of the Covered Shares, unless such Transfer is made in compliance with this Agreement. In furtherance of this Agreement, concurrently herewith, Stockholder shall, and hereby does authorize the Company or its counsel to, notify the Company’s transfer agent that there is a stop transfer order with respect to all of the Covered Shares (and that this Agreement places limits on the voting and transfer of such shares). The parties hereto agree that such stop transfer order shall be removed and shall be of no further force and effect upon termination of this Agreement.

Appears in 4 contracts

Samples: Tender and Support Agreement (Microfluidics International Corp), Tender and Support Agreement (Microfluidics International Corp), Tender and Support Agreement (Microfluidics International Corp)

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