Transferees Legends on Certificates Sample Clauses

Transferees Legends on Certificates. 5.1 Effect on Transferees. Each and every transferee or assignee of --------------------- any shares of capital stock of the Company from any Holder shall be bound by and subject to the terms and conditions of this Agreement that are applicable to the transferor or assignor of such shares, and the Company shall require, as a condition precedent to the transfer of any shares of capital stock 4 of the Company subject to this Agreement, that the transferee agrees in writing to be bound by, and subject to, all the terms and conditions of this Agreement. 5.2 Legend. The Holders agree that all Company share certificates ------ now or hereafter held by them that represent shares of capital stock of the Company subject to this Agreement will be stamped or otherwise imprinted with a legend to read as follows:
Transferees Legends on Certificates