Common use of Legend and Stop Transfer Order Clause in Contracts

Legend and Stop Transfer Order. To assist in effectuating the provisions of this Agreement and the Purchase Agreement, the Investor on its own behalf and on behalf of each of its Affiliates hereby consents (i) in addition to any legend contemplated by the terms of the Purchase Agreement, to the placement, effective immediately, of the legend specified in Section 5.3 below on all certificates representing ownership of shares of Common Stock owned of record or Beneficially Owned by the Investor or any of its Affiliates as contemplated herein or otherwise unless and until such shares are sold, transferred or disposed of in a manner expressly permitted hereby to a person who is not then affiliated or related in any manner, directly or indirectly, with the Investor or any of its Affiliates, and (ii) to the entry effective immediately of stop transfer orders with the transfer agent or agents of the Common Stock against transfer of such shares except in compliance with the requirements of this Agreement.