Common use of Restrictive Legends and Stop Transfer Orders Clause in Contracts

Restrictive Legends and Stop Transfer Orders. (i) The Participant agrees that, in order to ensure compliance with the restrictions referred to herein, the Company may issue appropriate “stop transfer” instructions to its transfer agent, if any, and that, if the Company transfers its own securities, it may make appropriate notations to the same effect in its own records. (ii) The Company shall not be required: (A) to transfer on its books any Shares that have been sold or otherwise transferred in violation of any of the provisions of this Award Agreement, or (B) to treat as owner of such Shares or to accord the right to vote or pay dividends to any purchaser or other transferee to whom such shares shall have been so transferred.

Appears in 26 contracts

Sources: Employment Agreement (BurgerFi International, Inc.), Employment Agreement (BurgerFi International, Inc.), Restricted Stock Unit Award Agreement (BurgerFi International, Inc.)

Restrictive Legends and Stop Transfer Orders. (ia) The Participant agrees that, in order to ensure compliance with the restrictions referred to herein, the Company may issue appropriate “stop transfer” instructions to its transfer agent, if any, and that, if the Company transfers its own securities, it may make appropriate notations to the same effect in its own records. (iib) The Company shall not be required: (Ai) to transfer on its books any Shares that have been sold or otherwise transferred in violation of any of the provisions of this Award Agreement, or (Bii) to treat as owner of such Shares or to accord the right to vote or pay dividends to any purchaser or other transferee to whom such shares shall have been so transferred.

Appears in 14 contracts

Sources: Stock Option Agreement (Neumora Therapeutics, Inc.), Stock Option Agreement (Neumora Therapeutics, Inc.), Stock Option Agreement (Neumora Therapeutics, Inc.)

Restrictive Legends and Stop Transfer Orders. (ia) The Participant agrees that, in order to ensure compliance with the restrictions referred to herein, the Company may issue appropriate “stop transfer” instructions to its transfer agent, if any, and that, if the Company transfers its own securities, it may make appropriate notations to the same effect in its own records. (iib) The Company shall not be required: (Ai) to transfer on its books any Shares shares of Common Stock that have been sold or otherwise transferred in violation of any of the provisions of this Award Agreement, or (Bii) to treat as owner of such Shares shares of Common Stock or to accord the right to vote or pay dividends to any purchaser or other transferee to whom such shares shall have been so transferred.

Appears in 1 contract

Sources: Stock Option Award Agreement (Legacy Reserves Inc.)

Restrictive Legends and Stop Transfer Orders. (ia) The Participant agrees that, in order to ensure compliance with the Restrictions and the other restrictions referred to herein, the Company may issue appropriate “stop transfer” instructions to its transfer agent, if any, and that, if the Company transfers its own securities, it may make appropriate notations to the same effect in its own records. (iib) The Company shall not be required: (Ai) to transfer on its books any Shares that have been sold or otherwise transferred in violation of any of the provisions of this Award Agreement, or (Bii) to treat as owner of such Shares or to accord the right to vote or pay dividends to any purchaser or other transferee transferee (c) to whom such shares shall have been so transferred.

Appears in 1 contract

Sources: Restricted Stock Award Agreement (Monmouth Real Estate Investment Corp)

Restrictive Legends and Stop Transfer Orders. (ia) The Participant agrees that, in order to ensure compliance with the restrictions referred to herein, the Company may issue appropriate “stop transfer” instructions to its transfer agent, if any, and that, if the Company transfers its own securities, it may make appropriate notations to the same effect in its own records. (iib) The Company shall not be required: (Ai) to transfer on its books any Shares shares of Common Stock that have been sold or otherwise transferred in violation of any of the provisions of this Award Agreement, or (Bii) to treat as owner of such Shares shares of Common Stock or to accord the right to vote or pay dividends to any purchaser or other transferee to whom such shares of Common Stock shall have been so transferred.

Appears in 1 contract

Sources: Restricted Stock Unit Agreement (Spectaire Holdings Inc.)