applicable Restricted Period, offer, sell, charge, pledge or otherwise transfer the Token Interests (or create or maintain any derivative position equivalent thereto) only pursuant to registration under the Securities Act or any available exemption therefrom and, in any case, in accordance with applicable U.S. state securities laws. 1.4 You acknowledge and agree that the Token Interests will be deemed to bear the legend set forth below (in addition to any other legend required by applicable U.S. federal