Common use of Company Shares Legend Clause in Contracts

Company Shares Legend. The Company Shares, and the shares of Common Stock issuable upon the exercise of the Warrants, shall bear the following legend: "THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. THESE SHARES MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH SECURITIES ACT OR AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO GO ONLINE NETWORKS CORPORATION THAT SUCH REGISTRATION IS NOT REQUIRED."

Appears in 2 contracts

Samples: Subscription Agreement (Go Online Networks Corp), Subscription Agreement (Go Online Networks Corp)

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Company Shares Legend. The Company Shares, and the shares of Common ----------------------- Stock issuable upon the exercise of the Warrants, shall bear the following legend: "THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. THESE SHARES MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH SECURITIES ACT OR AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO GO ONLINE NETWORKS CORPORATION THAT SUCH REGISTRATION IS NOT REQUIRED."

Appears in 1 contract

Samples: Subscription Agreement (Go Online Networks Corp)

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