Common use of TRANSFER AND LEGEND Clause in Contracts

TRANSFER AND LEGEND. The AIM Common Stock shall not be sold, pledged, hypothecated or otherwise transferred unless it is registered under the Securities Act and applicable state securities laws or is exempt therefrom. The Stockholders acknowledge that the certificate representing the AIM Common Stock shall be endorsed with a legend which provides substantially as follows: The securities evidenced hereby have not been registered under the Securities Act of 1933, or the laws of any other jurisdiction, and may not be sold, transferred, assigned, pledged or otherwise distributed unless there is an effective registration statement under such Act and applicable securities laws covering such securities or AIM Group, Inc. receives an opinion of counsel for the holder of the securities (concurred in by counsel for AIM Group, Inc.) stating that such sale, transfer, assignment, pledge or distribution is exempt from the registration and prospectus delivery requirements of such Act and applicable securities laws.

TRANSFER AND LEGEND. The AIM Common Stock shall not be sold, pledged, hypothecated or otherwise transferred unless it is registered under the Securities Act and applicable state securities laws or is exempt therefrom. The Stockholders acknowledge Sole Stockholder acknowledges that the certificate representing the AIM Common Stock shall be endorsed with a legend which provides substantially as follows: The securities evidenced hereby have not been registered under the Securities Act of 1933, or the laws of any other jurisdiction, and may not be sold, transferred, assigned, pledged or otherwise distributed unless there is an effective registration statement under such Act and applicable securities laws covering such securities or AIM Group, Inc. receives an opinion of counsel for the holder of the securities (concurred in by counsel for AIM Group, Inc.) stating that such sale, transfer, assignment, pledge or distribution is exempt from the registration and prospectus delivery requirements of such Act and applicable securities laws.

TRANSFER AND LEGEND. The AIM Common Stock shall not be sold, pledged, hypothecated or otherwise transferred unless it is registered under the Securities Act and applicable state securities laws or is exempt therefrom. The Sole Stockholders acknowledge that the certificate representing the AIM Common Stock shall be endorsed with a legend which provides substantially as follows: The securities evidenced hereby have not been registered under the Securities Act of 1933, or the laws of any other jurisdiction, and may not be sold, transferred, assigned, pledged or otherwise distributed unless there is an effective registration statement under such Act and applicable securities laws covering such securities or AIM Group, Inc. receives an opinion of counsel for the holder of the securities (concurred in by counsel for AIM Group, Inc.) stating that such sale, transfer, assignment, pledge or distribution is exempt from the registration and prospectus delivery requirements of such Act and applicable securities laws.