Common use of Endorsement of Stock Certificates Clause in Contracts

Endorsement of Stock Certificates. Immediately after execution of this Agreement, Shareholders shall deliver to the Corporation the certificates representing all of the shares of the Corporation Stock owned by such Shareholder, and the Corporation shall endorse on each such certificate a legend reading substantially as follows:

Appears in 2 contracts

Samples: Stock Purchase Agreement (Ameribank Corp), Stock Purchase Agreement (Ameribank Corp)

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Endorsement of Stock Certificates. Immediately after After execution of this Agreement, Shareholders each Shareholder shall deliver to the Corporation submit the certificates representing for all of the shares Shares owned by them to the Company for endorsement on the face of each certificate of the Corporation Stock owned following legend: Any sale, assignment, transfer, pledge or other disposition of theshares of the stock represented by such Shareholderthis certificate is restricted by,and subject to, the terms and provisions of a Shareholder Agreement, dated December __ , 2007 a copy of which is on file with the Corporation shall endorse on each such certificate a legend reading substantially as follows:Secretary of the Company.

Appears in 1 contract

Samples: Asset Purchase Agreement (Teltronics Inc)

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Endorsement of Stock Certificates. Immediately after execution of this Agreement, Shareholders shall deliver to the Corporation Bank the certificates representing all of the shares of the Corporation Bank Stock owned by such Shareholder, and the Corporation Bank shall endorse on each such certificate a legend reading substantially as follows:

Appears in 1 contract

Samples: Stock Purchase Agreement (Ameribank Corp)

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