Common use of Instructions to Transfer Agent Clause in Contracts

Instructions to Transfer Agent. Upon the Company’s Escrow Agent receiving the Purchase Price at the Closing, the Company shall cause its legal counsel to issue legal instructions to the Company’s transfer agent of the Common Stock for such transfer agent to issue a certificate in the name of the Investor for the Shares. The Company agrees to cause its transfer agent to issue such stock certificate evidencing the Shares within three (3) business days from the date of the Closing, after which the Company shall further cause its transfer agent to send such original stock certificate by overnight delivery service to the Investor at the address shown in Section 11.5 of this Agreement.

Appears in 3 contracts

Sources: Common Stock Purchase Agreement (Widepoint Corp), Common Stock Purchase Agreement (Widepoint Corp), Common Stock Purchase Agreement (Widepoint Corp)