Example ContractsClausesLegend Removal
Legend Removal
Legend Removal contract clause examples

Removal of Restrictive Legend. The Company covenants to cause the removal of any restrictive legend with respect to the transfer of the Exchange Securities from any relevant certificate or to instruct the Company’s transfer agent as to the removal of any restructions on transfer, in the case of non- certificated Exchange Securities, and the Company shall issue or cause the issuance of a certificate representing such Exchange Securities without such legend or the issuance of non-certificated Exchange Securities without such restrictions to the holder thereof if # such securities are registered under the Securities Act, # if such securities are sold pursuant to Rule 144 under the Securities Act, # if such securities are eligible for transfer under Rule 144 under the Securities Act, or # upon the expiration of six months after the date of the Exchange. The Company covenants to refuse to effect the transfer of Exchange Securities not made in compliance with the provisions of Regulation S.

Legend. Each certificate for shares of Capital Stock shall bear substantially the following legend:

Legend. The Company may at any time place legends referencing any applicable federal, state or foreign securities law restrictions on all certificates, if any, representing shares of Common Stock issued pursuant to this Agreement. The Participant shall, at the request of the Company, promptly present to the Company any and all certificates, if any, representing shares of Common Stock acquired pursuant to this Agreement in the possession of the Participant in order to carry out the provisions of this Section 9.

Legend. The Shares issued hereunder shall be subject to such stop transfer orders and other restrictions as the Committee may deem advisable under this RSA Agreement or the rules, regulations, and other requirements of the U.S. Securities and Exchange Commission, any stock exchange upon which such shares of the Company’s securities are listed, and any applicable Federal or state laws, and the Committee may cause a legend or legends to be put on any such book-entries to make appropriate reference to such restrictions.

Legend. You shall be issued your shares of Restricted Stock as book entries by the transfer agent, as evidencing ownership of shares of Restricted Stock. Any such book entry shares shall be registered in your name, and shall bear an appropriate legend referring to the terms, conditions, and restrictions applicable to such Award, substantially in the following form:

Legend. The certificates for Shares may include any legend that the Committee deems appropriate to reflect any restrictions on transfer of such Shares.

Legend. The Committee may require each person purchasing shares pursuant to an Award under the Plan to represent to and agree with the Company in writing that the Participant is acquiring the shares without a view to distribution thereof. In addition to any legend required by this Plan, the certificates for such shares may include any legend which the Committee deems appropriate to reflect any restrictions on transfer.

Legend. Each of the Units, the Common Stock issued pursuant to the Units, the Warrant and the Common Stock issued upon the exercise of the Warrant sold pursuant to this Subscription Agreement will be imprinted with legend(s) in substantially the following form:

Legend. Such Sangre Member acknowledges that the certificate or certificates representing the Shares of Common Stock shall bear a legend in substantially the form set forth in Section 1.2(c) hereof.

Legend Removal Date” shall have the meaning ascribed to such term in [Section 4.1(c)].

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