Restrictions on Resale Legend. The Optionee agrees that any Optioned shares must be sold in compliance with all registration requirements under the Securities Act of 1934, as amended, or any other relevant legislation, or an exemption therefrom. Each certificate evidencing any of the Optioned Shares may, at the sole discretion of the Company, bear a legend substantially as follows: "The Shares represented by this Certificate are subject to restrictions on transfer and may not be sold, exchanged, transferred, pledged, hypothecated or otherwise disposed of except in accordance with and subject to all the terms and conditions of a certain Stock Option Agreement, a copy of which the Company will furnish to the holder of this Certificate upon request and without charge."
Appears in 1 contract
Samples: Stock Option Agreement (Biolabs Inc)
