Common use of Legends; Transfer Restrictions Clause in Contracts

Legends; Transfer Restrictions. The certificates evidencing the Shares and Additional Shares shall be endorsed with the following legend (and any other legend required to be placed thereon by applicable state securities laws): THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE BEEN ACQUIRED FOR INVESTMENT AND NOT WITH A VIEW TO, OR IN CONNECTION WITH, THE SALE OR DISTRIBUTION THEREOF. NO SUCH SALE OR DISPOSITION MAY BE EFFECTED WITHOUT AN EFFECTIVE REGISTRATION STATEMENT RELATED THERETO OR AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED UNDER THE SECURITIES ACT OF 1933.

Appears in 1 contract

Sources: Stock Purchase Agreement (International Sports Wagering Inc)

Legends; Transfer Restrictions. (a) The certificates evidencing the Shares and Additional Shares shall be endorsed with the following legend (and any other legend required to be placed thereon by applicable state securities laws): THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE BEEN ACQUIRED FOR INVESTMENT AND NOT WITH A VIEW TO, OR IN CONNECTION WITH, THE SALE OR DISTRIBUTION THEREOF. NO SUCH SALE OR DISPOSITION MAY BE EFFECTED WITHOUT AN EFFECTIVE REGISTRATION STATEMENT RELATED THERETO OR AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED UNDER THE SECURITIES ACT OF 1933.

Appears in 1 contract

Sources: Restricted Stock Purchase Agreement (Nextel Partners Inc)

Legends; Transfer Restrictions. The Until the Shares are registered pursuant to Section 2 hereof, the certificates evidencing the Shares and Additional Shares shall be endorsed with the following legend (and any other legend required to be placed thereon by applicable state securities laws): THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE BEEN ACQUIRED FOR INVESTMENT AND NOT WITH A VIEW TO, OR IN CONNECTION WITH, THE SALE OR DISTRIBUTION THEREOF. NO SUCH SALE OR DISPOSITION MAY BE EFFECTED WITHOUT AN EFFECTIVE REGISTRATION STATEMENT RELATED THERETO OR AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED UNDER THE SECURITIES ACT OF 1933.

Appears in 1 contract

Sources: Stock Purchase Agreement (International Sports Wagering Inc)