Nebraska Legend on Stock Certificate Giving Notice of Restriction on Transfer due to Stock Redemption Agreement is a legal provision found on stock certificates that imposes restrictions on the transfer of stock ownership. This restriction ensures that certain conditions are met before any shares can be sold or transferred. One type of Nebraska Legend on Stock Certificate Giving Notice of Restriction on Transfer is the "Stock Redemption Agreement" provision. This provision signifies that a stockholder can only transfer their shares after offering them back to the corporation first. The intention behind this requirement is to allow the corporation an opportunity to repurchase the shares before they are transferred to anyone else. Another type of restriction is the "Offer to other Stockholders" provision. Once the corporation declines the offer to repurchase the shares, the stockholder must then extend an offer to other stockholders before transferring the shares elsewhere. This provision is designed to give existing stockholders an opportunity to maintain the current ownership structure and prevent sudden changes in control. Nebraska Legends serve as a notice to investors, potential buyers, and corporations that certain procedures must be followed before any shares can be sold or transferred. These restrictions are often included in stock certificates to protect the corporation's interests and maintain stability within the ownership structure. In summary, 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 includes provisions for offering shares back to the corporation before transferring them and offering shares to other stockholders if the corporation declines the repurchase offer. These legends ensure that proper procedures are followed when transferring stock ownership and help maintain the stability of the corporation's ownership structure.