Common use of Acquisition of Stock for Investment Clause in Contracts

Acquisition of Stock for Investment. (a) The One World Shareholder understands that the issuance of the Common Stock of the Company will not have been registered under the Act, or any state securities acts, and, accordingly, are restricted securities, and that he, she or it represents and warrants to the Company that his, her or its present intention is to receive and hold the Common Stock of the Company for investment only and not with a view to the distribution or resale thereof.

Appears in 2 contracts

Samples: Share Exchange Agreement (One World Holdings, Inc.), Share Exchange Agreement (One World Holdings, Inc.)

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