Common use of Termination of Restrictive Legends Clause in Contracts

Termination of Restrictive Legends. The restrictions referred to in Section 3(a) shall cease and terminate at the end of the Restricted Period. Whenever such restrictions shall cease and terminate as to any Shares, the Holder holding such shares shall be entitled to receive from XXXX, in exchange for such legended certificates, without expense, new certificates for a like number of Shares not bearing the legend set forth in Section 3(a).

Termination of Restrictive Legends. The restrictions referred to in Section 3(a) shall cease and terminate at the end of the Restricted Period. Whenever such restrictions shall cease and terminate as to any Locked Up Shares, the Holder Shareholder holding such shares shall be entitled to receive from XXXXthe Company, in exchange for such legended certificates, without expense, new certificates for a like number of Locked Up Shares not bearing the legend set forth in Section 3(a4(a).

Termination of Restrictive Legends. The restrictions referred to in Section 3(a) shall cease and terminate at the end of the Restricted Period. Whenever such restrictions shall cease and terminate as to any Locked Up Shares, the Holder holding such shares shall be entitled to receive from XXXXthe Company, in exchange for such legended certificates, without expense, new certificates for a like number of Locked Up Shares not bearing the legend set forth in Section 3(a).