Common use of Removal of Legends Clause in Contracts

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing Common Shares is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Common Shares but lacking such legend.

Appears in 10 contracts

Samples: Restricted Stock Unit Agreement (Paccar Inc), Restricted Stock Award Agreement (Paccar Inc), Share Match Restricted Stock Award Agreement (Paccar Inc)

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Removal of Legends. If, in the opinion of counsel to the Company and its counselCompany, any legend placed on a stock certificate representing Common Shares issued under this Award Letter is no longer required, then the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Common Shares but lacking without such legend.

Appears in 8 contracts

Samples: Restricted Stock Agreement (NewStar Financial, Inc.), Restricted Stock Agreement (NewStar Financial, Inc.), Restricted Stock Agreement (NewStar Financial, Inc.)

Removal of Legends. If, in the opinion of counsel to the Company and its counselCompany, any legend placed on a stock certificate representing Common Shares issued under this Agreement is no longer required, then the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Common Shares but lacking without such legend.

Appears in 7 contracts

Samples: Nonqualified Stock Option Agreement (Vallon Pharmaceuticals, Inc.), Nonqualified Stock Option Agreement (Vallon Pharmaceuticals, Inc.), Equity Incentive Plan (Enumeral Biomedical Holdings, Inc.)

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing Common Shares is sold under this Agreement no longer is required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Common Shares but lacking without such legend.

Appears in 6 contracts

Samples: Stock Option Agreement (DigitalFX International Inc), Stock Option Agreement (TPT Global Tech, Inc.), Stock Option Agreement (Netcurrents Inc/)

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing Common Shares issued under this Agreement is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Common Shares shares of common stock but lacking without such legend.

Appears in 4 contracts

Samples: Option Agreement (Medicalcv Inc), Qualified Stock Option Agreement (Medicalcv Inc), Qualified Stock Option Agreement (Medicalcv Inc)

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate of shares representing Common Shares sold under this Exercise Notice is no longer required, the holder of such the certificate shall be entitled to exchange such the certificate for a certificate representing the same number of Common Shares but lacking without such legend.

Appears in 3 contracts

Samples: Stock Option Award Agreement (CBTX, Inc.), PRC Stock Option Agreement (Nlight, Inc.), Global Share Plan (Sagent Holding Co.)

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing Common Shares sold under this agreement is no longer required, the holder of such the certificate shall will be entitled to exchange such the certificate for a certificate representing the same number of Common Shares but lacking such without the legend.

Appears in 3 contracts

Samples: Stock Option Agreement (DDS Technologies Usa Inc), Stock Option Agreement (DDS Technologies Usa Inc), Stock Option Agreement (DDS Technologies Usa Inc)

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing Common Shares sold under this Agreement is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Common Shares but lacking such legend.

Appears in 3 contracts

Samples: Term Incentive Plan (Paccar Inc), Corporation 1991 Stock Incentive Plan (Urs Corp /New/), Corporation 1999 Equity Incentive Plan (Urs Corp /New/)

Removal of Legends. If, in the opinion of the Company and its counselCompany, any legend placed on a stock certificate representing Common Shares Units sold under this Agreement is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Common Shares Units but lacking without such legend.

Appears in 2 contracts

Samples: Stock Option Agreement (NextWave Wireless LLC), Option Award Agreement (NextWave Wireless LLC)

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing Common Shares is shares of Stock sold under this Agreement no longer is required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Common Shares shares of Stock but lacking without such legend.

Appears in 2 contracts

Samples: Stock Option Agreement (Gulfport Energy Corp), Stock Option Agreement (Crimson Exploration Inc.)

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing Common Option Shares sold under this Award Agreement is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Common Option Shares but lacking without such legend.

Appears in 2 contracts

Samples: Share Option Award Agreement (Archipelago Holdings L L C), Share Option Award Agreement (Archipelago Holdings L L C)

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing Common Shares issued upon an exercise of this Option is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Common Shares but lacking without such legend.

Appears in 2 contracts

Samples: Option Agreement (Trega Biosciences Inc), Option Agreement (Trega Biosciences Inc)

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing Common Shares shares of Stock sold under this Agreement is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Common Shares shares but lacking without such legend.

Appears in 2 contracts

Samples: And Subscription Agreement (Magellan Petroleum Corp /De/), And Subscription Agreement (Magellan Petroleum Corp /De/)

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing shares of Common Shares is Stock sold under this Agreement no longer is required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of shares of Common Shares Stock but lacking without such legend.

Appears in 2 contracts

Samples: Stock Option Agreement (Crimson Exploration Inc.), Stock Option Agreement (Crimson Exploration Inc.)

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing Common Shares is sold under this Warrant no longer is required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Common Shares but lacking without such legend.

Appears in 1 contract

Samples: License Agreement (Xsunx Inc)

Removal of Legends. If, in the reasonable opinion of the Company and its counsel, any legend placed on a stock certificate representing Common Shares sold under this Agreement is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Common Shares but lacking such legend.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Healthsouth Corp)

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Removal of Legends. If, in the opinion of the Company and its ------------------ counsel, any legend placed on a stock certificate representing Common Shares sold under this greement is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Common Shares but lacking without such legend.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Getthere Com)

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock share certificate representing Common Shares sold under this Agreement is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Common Shares but lacking without such legend.

Appears in 1 contract

Samples: Share Option Agreement (Pivotal Holdings Corp)

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing Common Shares sold under this Option Agreement is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Common Shares but lacking without such legend.

Appears in 1 contract

Samples: Option Agreement (GlassHouse Technologies Inc)

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing Common Shares issued under this Agreement is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of shares of Common Shares Stock but lacking without such legend.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (K Tel International Inc)

Removal of Legends. If, in the opinion of the Company Corporation and its counsel, any legend placed on a stock certificate representing Common Shares shares of Stock issued under the Plan is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Common Shares shares of Stock but lacking such legend.

Appears in 1 contract

Samples: Oshkosh Truck Corp

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing shares of Common Shares Stock purchased under this Agreement is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of shares of Common Shares Stock but lacking without such legend.

Appears in 1 contract

Samples: Official Payments Corp

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing Common Shares shares of Stock acquired under this Agreement is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Common Shares shares of Stock but lacking such legend.

Appears in 1 contract

Samples: Stock Option Agreement (Paccar Inc)

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing Common Shares Restricted Stock is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Common Shares but lacking such legend.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Paccar Inc)

Removal of Legends. If, in the opinion of the Company and its counsel, ------------------ any legend placed on a stock certificate representing Common Shares sold under this Agreement is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Common Shares but lacking such legend.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (North American Biologicals Inc)

Removal of Legends. If, in the opinion of the Company and its counsel, any legend placed on a stock certificate representing Common Shares is no longer required, the holder of such certificate shall be entitled to exchange such certificate for a certificate representing the same number of Common Shares but lacking such legend.. Performance-Based Annual

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Paccar Inc)

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