Restrictive Endorsement Clause Samples

A Restrictive Endorsement clause limits how a negotiable instrument, such as a check or promissory note, can be transferred or used by the endorsee. Typically, this clause specifies that the instrument can only be deposited into a particular account or used for a specific purpose, preventing further negotiation or transfer to third parties. By imposing these restrictions, the clause helps prevent unauthorized transfers and ensures that the instrument is handled according to the endorser's intentions, thereby reducing the risk of fraud or misappropriation.
Restrictive Endorsement. Each certificate representing the Shares or Warrants now or hereafter held by a Stockholder subject to this Agreement shall be stamped with a legend in substantially the following form: "THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO AN AMENDED AND RESTATED STOCKHOLDERS' AGREEMENT DATED AS OF APRIL 10, 1992, A COPY OF WHICH IS ON FILE AT THE OFFICES OF THE COMPANY AND WILL BE FURNISHED TO ANY PROSPECTIVE PURCHASERS ON REQUEST. BY ACCEPTANCE OF THIS CERTIFICATE, EACH HOLDER HEREOF AGREES TO BE BOUND BY THE PROVISIONS OF THE STOCKHOLDERS' AGREEMENT." "THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE BEEN ISSUED PURSUANT TO A CLAIM OF EXEMPTION FROM THE REGISTRATION OR QUALIFICATION PROVISIONS OF FEDERAL AND STATE SECURITIES LAWS AND MAY NOT BE SOLD OR TRANSFERRED WITHOUT COMPLIANCE WITH THE REGISTRATION OR QUALIFICATION PROVISIONS OF APPLICABLE FEDERAL AND STATE SECURITIES LAWS OR APPLICABLE EXEMPTIONS THEREFROM." Each Stockholder agrees that he will deliver all certificates for Shares, Options or Warrants owned by him to the Company for the purpose of affixing such legend thereto.
Restrictive Endorsement. Each certificate representing Securities now or hereafter held by a Stockholder shall be stamped with legends in substantially the following form: "THE SHARES [WARRANTS] REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO A STOCKHOLDERS' AGREEMENT DATED AS OF DECEMBER __, 1995, COPIES OF WHICH ARE AVAILABLE AT THE OFFICE OF THE COMPANY AND MAY BE INSPECTED BY ANY PROSPECTIVE TRANSFEREE OF THE SHARES [WARRANTS] REPRESENTED HEREBY ON REQUEST. SUCH STOCKHOLDERS' AGREEMENT PROVIDES, AMONG OTHER THINGS, FOR CERTAIN RESTRICTIONS ON THE SALE, ASSIGNMENT, TRANSFER, PLEDGE, HYPOTHECATION, MORTGAGE, CHARGE, LIEN, ENCUMBRANCE, GIFT, BEQUEST, TRANSMISSION OR OTHER DISPOSITION OF THE SHARES [WARRANTS] REPRESENTED BY THIS CERTIFICATE." THE SALE AND ISSUANCE OF THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"), OR UNDER THE SECURITIES LAW OF ANY STATE OR OTHER JURISDICTION. THESE SECURITIES HAVE BEEN ACQUIRED FOR INVESTMENT AND NOT WITH A VIEW TO, OR IN CONNECTION WITH, THE DISTRIBUTION THEREOF. THESE SECURITIES MAY NOT BE OFFERED, SOLD, PLEDGED, OR TRANSFERRED UNLESS (I) A REGISTRATION STATEMENT UNDER THE ACT IS IN EFFECT AS TO THESE SECURITIES AND SUCH OFFER, SALE, PLEDGE, OR TRANSFER IS IN COMPLIANCE WITH APPLICABLE SECURITIES LAW OF ANY STATE OR OTHER JURISDICTION OR (II) THERE IS AN OPINION OF COUNSEL OR OTHER EVIDENCE, SATISFACTORY TO THE CORPORATION, THAT AN EXEMPTION THEREFROM IS AVAILABLE AND THAT SUCH OFFER, SALE, PLEDGE, OR TRANSFER IS IN COMPLIANCE WITH APPLICABLE SECURITIES LAW OF ANY STATE OR OTHER JURISDICTION. Each Stockholder agrees that he or it will deliver all certificates for Securities owned by him or it to the Company for the purpose of affixing such legend thereto.
Restrictive Endorsement. You must clearly endorse each check deposited and include the phraseFor Mobile Deposit Only at Focus Bank” in the endorsement section on the reverse of the check. We reserve the right to reject any check transmitted through the Service that does not contain the proper endorsements.
Restrictive Endorsement. Checks deposited through Mobile Deposit must be endorsed with a special endorsement that reads “For DFCU Mobile Deposit Only.” Checks without the endorsement will be rejected. We will notify you via the DFCU Mobile App if a check is rejected for this reason and you may correct the endorsement and deposit it again immediately.
Restrictive Endorsement. Prior to capturing a digital image of the original check, you will endorse the back of the original check as follows: For BFSFCU Mobile Deposit Only; [signature of payee]. BFSFCU reserves the right to reject an item that does not bear this restrictive endorsement. Items Returned Unpaid – A written notice will be sent to you of transactions we are unable to process because of returned items. With respect to any item that you transmit to us for Mobile Check Deposit that we credit to your Account, in the event such item is dishonored, you authorize us to debit the amount of such item along with any applicable fees from the Account.
Restrictive Endorsement. 29 (b) Replacement Certificates . . . . . . . . . . . . . . . . . . . . .30
Restrictive Endorsement. Each certificate representing the ----------------------- Shares now or hereafter held by a Stockholder shall be stamped with a legend in substantially the following form: "The shares represented by this certificate are subject to a Stockholders' Agreement dated March 19, 1992 (the "Stockholders' Agreement"), a copy of which is on file at the office of the Corporation and will be furnished to any prospective purchasers on request. Such Stockholders' Agreement provides, among other things, for certain restrictions on the sale, transfer, pledge, hypothecation or other disposition of the shares represented by this certificate and that under certain circumstances the holder hereof may be required to sell the Shares represented by this Certificate. It is a condition to the Corporation's obligation to register the transfer of this certificate that the transferee holder hereof agrees to be bound by the provisions of the Stockholders' Agreement. The shares represented by this certificate have been sold pursuant to an exemption from the registration requirements of the Securities Act of 1933, as amended, and may not be reoffered or sold unless so registered or an exemption from such registration is available and the Corporation receives an opinion of counsel to the foregoing effect." The Corporation agrees that upon the receipt by the Corporation of an opinion of securities counsel reasonably satisfactory to it that certain Shares and/or any certificate representing Shares may be transferred without registration under the Act, the holder thereof shall be entitled to receive from the Corporation a new certificate or certificates representing such Shares, without the last paragraph of the foregoing legend. The certificates representing Lender Shares also shall contain a legend substantially in the following form: "The shares represented by this certificate are Lender Shares (as defined in the Stockholders' Agreement)." The certificates representing Investor Shares also shall contain a legend substantially in the following form: The securities represented hereby are subject to the terms of an Option Agreement, dated as of March 19, 1992 (as amended, supplemented or otherwise modified from time to time), to which the registered holder, General Electric Capital Corporation and the issuer are parties, pursuant to which General Electric Capital Corporation has been granted an option to purchase such securities.
Restrictive Endorsement. Until the termination of this Agreement pursuant to Section 7.1, in addition to any other legend that the Company may deem advisable under the Securities Act and certain state securities laws, the certificates representing all (i) Common Stock Equivalents owned as of the close of business on June 10, 1994, (ii) the shares of Common Stock and Preferred Stock received by the Outside Stockholder pursuant to the Reorganization Agreement (as defined in the Prior Agreement), (iii) the Common Stock Equivalents acquired after the close of business on June 10, 1994, (iv) the shares of Common Stock owned as of the close of business on June 10, 1994 and (v) the shares of Common Stock hereafter received upon the conversion or exchange of the Common Stock Equivalents described in clauses (i) and (iii), by a Stockholder shall be endorsed substantially as follows: THIS CERTIFICATE IS SUBJECT TO, AND IS TRANSFERABLE ONLY UPON COMPLIANCE WITH, THE PROVISIONS OF THE STOCKHOLDERS' AGREEMENT, DATED AS OF JUNE 30, 1998, BY AND AMONG CCC INFORMATION SERVICES GROUP INC. AND CERTAIN OF ITS STOCKHOLDERS. A COPY OF THE ABOVE REFERENCED AGREEMENT IS ON FILE AT THE OFFICES OF CCC INFORMATION SERVICES GROUP INC.
Restrictive Endorsement. 6 (b) Replacement Certificates...................................7 (c) Certificate as to Transferee...............................7
Restrictive Endorsement. Until the termination of this Agreement pursuant to Section 9.1, in addition to any other legend that the Company may deem advisable under the Securities Act and certain state securities laws, the certificates representing all (i) Common Stock Equivalents owned as of the close of business on the date hereof, (ii) the shares of Common Stock and Preferred Stock received by the Outside Stockholder pursuant to the Investment Agreement, (iii) the Common Stock Equivalents acquired after the close of business on the date hereof, (iv) the shares of Common Stock owned as of the close of business on the date hereof, and (v) the shares of Common Stock hereafter received upon the conversion or exchange of the Common Stock Equivalents described in clauses (i) and (iii), by a Stockholder shall be endorsed as follows: THIS CERTIFICATE IS SUBJECT TO, AND IS TRANSFERABLE ONLY UPON COMPLIANCE WITH, THE PROVISIONS OF THE INVESTMENT AGREEMENT, DATED AS OF FEBRUARY 10, 1998, BY AND AMONG INSURQUOTE SYSTEMS, INC. AND CERTAIN OF ITS STOCKHOLDERS. A COPY OF THE ABOVE REFERENCED AGREEMENT IS ON FILE AT THE OFFICES OF INSURQUOTE SYSTEMS, INC.