Common use of LEGEND RESTRICTION Clause in Contracts

LEGEND RESTRICTION. The Controlling Stockholder covenants and agrees to deliver promptly upon the execution of this Agreement all of the shares of Class B Common Stock to the Company in order that the Company may include a legend on the certificates representing such shares to the effect of the foregoing.

Appears in 2 contracts

Sources: Class a Preferred Stock Purchase Agreement (Mail Com Inc), Investors' Rights Agreement (Mail Com Inc)