Investment Intent and Accredited Investor. (a) The Buyer Shares to be acquired by the Seller pursuant to this Agreement are being or will be acquired for the account of the JJMA ESOP, for investment and not with a view to the distribution thereof within the meaning of the Securities Act and the Seller has no intention of distributing or reselling such securities or any part thereof (except for distributions made to plan participants and their beneficiaries in accordance with the terms of the applicable plan documents, without prejudice, however, to the rights of Seller at all times to sell or otherwise dispose of all or any part of the Buyer Shares under an effective registration statement under the Securities Act, or under an exemption from such registration available under the Securities Act, and subject, nevertheless, to the disposition of the Seller’s property being at all times within its control.
Investment Intent and Accredited Investor. (a) The JJMA Shares to be acquired by the Buyer pursuant to this Agreement are being or will be acquired for the account of the Buyer, for investment and not with a view to the distribution thereof within the meaning of the Securities Act, and the Buyer has no intention of distributing or reselling such securities or any part thereof, without prejudice, however, to the rights of Buyer at all times to sell or otherwise dispose of all or any part of the JJMA Shares under an effective registration statement under the Securities Act, or under an exemption from such registration available under the Securities Act, and subject, nevertheless, to the disposition of the Buyer property being at all times within its control.
Investment Intent and Accredited Investor. (a) Seller is acquiring the Newco Equity for its own account for investment, without a view to resale or distribution thereof in violation of federal or state securities Laws and with no present intention of distributing or reselling any part thereof.
