Utah Legend on Stock Certificate with Reference to Separate Document Restricting Transfer of Shares: The Utah Legend on a stock certificate refers to a specific clause or notation that incorporates a separate document limiting or imposing restrictions on the transfer of shares associated with the certificate. To further understand the various types of Utah Legends on Stock Certificates, it is essential to explore the different categories based on the restrictions imposed: 1. Restricted Stock Legend: This type of Utah Legend indicates that the shares are subject to certain limitations on their transferability. These limitations often arise from contractual agreements or regulatory requirements. 2. Lock-Up Agreement Legend: A Utah Legend can specify a lock-up period, typically found in initial public offerings (IPOs). It highlights that the shares cannot be sold or transferred for a predetermined period after the IPO, aiming to stabilize the stock price and protect early investors. 3. Voting Rights Restriction Legend: This Utah Legend may restrict a shareholder's ability to exercise their full voting rights, typically seen in cases where certain shareholders hold special voting rights or where shareholder agreements limit voting powers. 4. Right of First Refusal (ROAR) Legend: Such a Utah Legend refers to a separate document that grants existing shareholders the right to purchase any shares being sold by a shareholder before those shares can be offered to third parties. This restriction aims to maintain a certain level of control within a closely held corporation. 5. Transfer Agent Requirements Legend: This type of Utah Legend highlights specific requirements imposed by the transfer agent, a third-party entity responsible for managing and recording share transfers. The legend ensures compliance with the transfer agent's rules and regulations. 6. Buy-Sell Agreement Legend: The Utah Legend may reference a separate buy-sell agreement that establishes the terms and conditions under which shareholders can sell their shares or exercise an option to buy shares from other shareholders. This legend ensures that any transfer of shares is conducted according to the agreement's provisions. It is crucial for investors, shareholders, and potential buyers to thoroughly review the Utah Legend and accompanying separate document to fully understand the implications and limitations associated with the transferability of the shares detailed on the stock certificate. Compliance with these legends and restrictions is vital to protect the interests of all parties involved and maintain orderly stock transactions.