Nebraska Legend on Stock Certificate Giving Notice of Restriction on Transfer due to Stock Redemption Agreement Requiring First an Offer to the Corporation and then an Offer to other Stockholders

State:
Multi-State
Control #:
US-1059BG
Format:
Word; 
Rich Text
Instant download

Description

A Legend is a statement on a stock certificate noting restrictions on the transfer of the stock, often due to SEC requirements for unregistered securities. A stock redemption agreement is a contract between a corporation and the stockholder, where the corporation repurchases the stock from the owner

How to fill out Legend On Stock Certificate Giving Notice Of Restriction On Transfer Due To Stock Redemption Agreement Requiring First An Offer To The Corporation And Then An Offer To Other Stockholders?

Have you been within a place that you require papers for both business or person purposes almost every working day? There are a variety of legal record templates available on the net, but getting versions you can rely on is not effortless. US Legal Forms offers a large number of develop templates, such as the Nebraska Legend on Stock Certificate Giving Notice of Restriction on Transfer due to Stock Redemption Agreement Requiring First an Offer to the Corporation and then an Offer to other Stockholders, that are composed to satisfy federal and state requirements.

If you are currently familiar with US Legal Forms internet site and possess your account, simply log in. Next, you can down load the Nebraska Legend on Stock Certificate Giving Notice of Restriction on Transfer due to Stock Redemption Agreement Requiring First an Offer to the Corporation and then an Offer to other Stockholders design.

Unless you come with an accounts and wish to begin to use US Legal Forms, follow these steps:

  1. Discover the develop you require and ensure it is for that correct town/state.
  2. Make use of the Review option to check the shape.
  3. Read the description to actually have selected the proper develop.
  4. In case the develop is not what you are searching for, utilize the Lookup field to obtain the develop that meets your requirements and requirements.
  5. When you obtain the correct develop, click on Buy now.
  6. Opt for the costs plan you would like, submit the specified information and facts to create your account, and pay money for the order making use of your PayPal or Visa or Mastercard.
  7. Choose a handy file formatting and down load your version.

Get all of the record templates you have bought in the My Forms food list. You can get a further version of Nebraska Legend on Stock Certificate Giving Notice of Restriction on Transfer due to Stock Redemption Agreement Requiring First an Offer to the Corporation and then an Offer to other Stockholders at any time, if required. Just go through the required develop to down load or printing the record design.

Use US Legal Forms, the most comprehensive collection of legal kinds, to save lots of time and steer clear of blunders. The services offers professionally made legal record templates that can be used for an array of purposes. Produce your account on US Legal Forms and initiate creating your life easier.

Form popularity

FAQ

Only a transfer agent can remove a restrictive legend. But the transfer agent won't remove the legend unless you've obtained the consent of the issuer?usually in the form of an opinion letter from the issuer's counsel?that the restrictive legend can be removed.

Only a transfer agent can complete the task of removing a restrictive stock legend. The transfer agent will require an opinion letter from the issuer's counsel or from his or her own lawyer plus 144 papers completed by a broker?stating that the restricted legend can be removed.

You may not sell, assign, pledge, encumber, or otherwise transfer any interest in the Restricted Shares until the dates set forth in the Vesting Schedule set forth below, at which point the Restricted Shares will be referred to as ?Vested.? A Restricted Share shall not be subject to execution, attachment or similar ...

A legend is a statement on a stock certificate noting restrictions on the transfer or sale of a company's stock.

The process of removing the restrictive legend from a stock certificate is done only to facilitate a public resale, and in no way alleviates an investor from complying with all aspects of Rule 144 at all times.

In order to have the legend on a stock certificate removed, investors should contact the company's shareholder relations department to find out the details of the removal process. Following that, the company will send a confirmation authorizing its transfer agent to remove the legend.

The purpose of the restrictive legend or notation is to protect the issuing company from loosing its private placement exemption for the initial sale of the securities and to notify the investor that the restricted securities cannot be resold into the public securities market without satisfying certain requirements.

Trusted and secure by over 3 million people of the world’s leading companies

Nebraska Legend on Stock Certificate Giving Notice of Restriction on Transfer due to Stock Redemption Agreement Requiring First an Offer to the Corporation and then an Offer to other Stockholders