Definition of Share Private Placement Legend


Share Private Placement Legend means the legend set forth in Section 5.04(a).
Sample 1

Examples of Share Private Placement Legend in a sentence

Any Common Stock or other securities issued upon exercise of the Warrants pursuant to a Common Shelf Registration Statement in accordance with the provisions of Section 5.03 shall not bear any Share Private Placement Legend.
Upon the registration of transfer or exchange of or substitution for Common Stock bearing the Share Private Placement Legend, the Company or its agent shall deliver a Common Stock certificate bearing the Share Private Placement Legend, unless such legend may be removed from such Common Stock certificate pursuant to the provisions of this Section 5.04(c).
Upon the registration of transfer or exchange of or substitution for Common Stock not bearing the Share Private Placement Legend, the Company or its agent shall deliver a Common Stock certificate that does not bear the Share Private Placement Legend.
By its acceptance of any Common Stock bearing the Share Private Placement Legend, each holder of, and beneficial owner of an interest in, such Common Stock acknowledges the restrictions on transfer of such Common Stock set forth in the Share Private Placement Legend and agrees that it will transfer such Common Stock only in accordance with the Share Private Placement Legend.