Common use of Stop Transfer Notations Clause in Contracts

Stop Transfer Notations. The Holders agree that the Issuer may instruct its transfer agent (i) to place stop-transfer notations on its records regarding the One Year Lock-Up Shares to enforce this Section 6.1 until the end of the One Year Lock-Up Period, and (ii) to place stop-transfer notations in its records regarding the Two Year Lock-Up Shares to enforce this Section 6.1 until the end of the Two Year Lock-Up Period. In addition, the Holders agree that the certificates representing the Strategic Shares shall be issued with such legends as are appropriate to indicate the transfer restrictions set forth in this Section 6, and that the Strategic Shares shall be held by the Holders in separate certificates in order to designate certain of such shares as One Year Lock-Up Shares and certain of such shares as Two Year Lock-Up Shares. The Issuer agrees to cause such stop-transfer notations and legends to be removed upon expiration of the One Year Lock-Up Period and the Two Year Lock-Up Period, as the case may be.