Common use of Legend on Certificates Clause in Contracts

Legend on Certificates. The certificate(s) representing the shares of Stock purchased by exercise of this Option will be stamped or otherwise imprinted with a legend in such form as the Company or its counsel may require with respect to any applicable restrictions on the sale or transfer of such shares and the stock transfer records of the Company will reflect stop-transfer instructions with respect to such shares. The Company is under no obligation to remove this legend for any reason whatsoever.

Appears in 10 contracts

Samples: Executive Employment Agreement (Axion Power International, Inc.), Executive Agreement (Axion Power International, Inc.), Executive Employment Agreement (Axion Power International, Inc.)

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Legend on Certificates. The certificate(s) representing the shares of Stock purchased by exercise of this Option will be stamped or otherwise imprinted with a legend in such form as the Company or its counsel may require with respect to any applicable restrictions on the sale or transfer of such shares and the stock transfer records of the Company will reflect stop-transfer instructions with respect to such shares. The Company is under no obligation to remove this legend for any reason whatsoever.

Appears in 8 contracts

Samples: Executive Employment Agreement (Axion Power International, Inc.), Executive Employment Agreement (Axion Power International, Inc.), Executive Employment Agreement (Axion Power International, Inc.)

Legend on Certificates. The certificate(s) representing the shares of Stock purchased by upon the exercise of this Option will be stamped or otherwise imprinted with a legend in such form as the Company or its counsel may require with respect to any applicable restrictions on the sale or transfer of such shares and the stock transfer records of the Company will reflect stop-transfer instructions with respect to such shares. The Company is under no obligation to remove this legend for any reason whatsoever.

Appears in 5 contracts

Samples: Nonqualified Stock Option Agreement (Allied Waste Industries Inc), Nonqualified Stock Option Agreement (Allied Waste Industries Inc), Nonqualified Stock Option Agreement (Allied Waste Industries Inc)

Legend on Certificates. The certificate(s) certificates representing the shares of Stock purchased by exercise of this Option will be stamped or otherwise imprinted with a legend in such form as the Company or its counsel may require with respect to any applicable restrictions on the sale or transfer of such shares and the stock transfer records of the Company will reflect stop-transfer instructions with respect to such shares. The Company is under no obligation to remove this legend for any reason whatsoever.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Hewlett Packard Co), Nonqualified Stock Option Agreement (Hewlett Packard Co)

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Legend on Certificates. The certificate(s) certificates representing the shares of Stock purchased by exercise of this Option will be stamped or otherwise imprinted with a legend in such form as the Company or its counsel may require with respect to any applicable restrictions on the sale or transfer of such shares and the stock transfer records of the Company will reflect stop-stop- transfer instructions with respect to such shares. The Company is under no obligation to remove this legend for any reason whatsoever.

Appears in 1 contract

Samples: Compaq Computer Corp

Legend on Certificates. The certificate(s) certificates representing the shares of Common Stock purchased by exercise of this Option will an option may be stamped or otherwise imprinted with a legend in such form as the Company or its counsel may require with respect to any applicable statutory, contractual or other restrictions on the sale or transfer of such shares and the stock transfer records of the Company will may reflect stop-transfer instructions with respect to such shares. The Company is under no obligation to remove this legend for any reason whatsoever.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Hewlett Packard Co)

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