Examples of Series C Preferred in a sentence
The Shareholder further acknowledges that if the Series C Preferred Stock are issued to the Shareholder in accordance with the provisions of this Agreement, such Series C Preferred Stock may not be resold without registration under the Securities Act or the existence of an exemption therefrom.
The Shareholder understands that the Series C Preferred Stock are characterized as “restricted securities” under the Securities Act inasmuch as this Agreement contemplates that, if acquired by the Shareholder pursuant hereto, the Series C Preferred Stock would be acquired in a transaction not involving a public offering.
EXHIBIT B SERIES C PREFERRED STOCK TO BE ISSUED shares of Series C Preferred Stock to the Shareholders of ReachOut Technology Corp.
The non-registration shall have no prejudice with respect to any rights, interests, benefits and entitlements attached to the Series C Preferred Stock in accordance with the Company charter documents or the laws of its jurisdiction of incorporation.
The Shareholder understands that the Series C Preferred Stock have not been registered under the Securities Act of 1933, as amended (the “Securities Act”) and, if issued in accordance with the provisions of this Agreement, will be issued by reason of a specific exemption from the registration provisions of the Securities Act which depends upon, among other things, the bona fide nature of the investment intent and the accuracy of the Shareholder’s representations as expressed herein.