Common use of Transfer Agent Responsibilities Clause in Contracts

Transfer Agent Responsibilities. During the term of this Agreement, the Company, or the Company's transfer agent and registrar or any successor thereof, as the case may be, shall enforce the terms of this Agreement and shall not, during the term of this Agreement, permit any transfer of Securities into a third party's name. All such Securities shall bear a legend in substantially the following form: "NOTICE: These securities are subject to that certain Share Lockup Agreement dated February 24, 2001, between the registered holder hereof and Rhino Enterprises Group, Inc., a Nevada corporation, and may only be sold or otherwise transferred in compliance with the provisions of such agreement."