Notice of Limitation Upon Disposition Sample Clauses

Notice of Limitation Upon Disposition. Each Shareholder is aware that the shares distributed pursuant to this Agreement will not have been registered pursuant to the Securities Act of 1933, as amended; and, therefore, under current interpretations and applicable rules, the shareholder will probably have to retain such shares for a period of at least one year and at the expiration of such one year period sales may be confined to brokerage transactions of limited amounts requiring certain notification filings with the Securities and Exchange Commission and such disposition may be available only if the Purchaser is current in its filings with the Securities and Exchange Commission under the Securities Act of 1933, as amended, or other public disclosure requirements, and the other limitations imposed thereby on the disposition of shares of the Purchaser. Additionally, "affiliates" owning shares will be subject to additional restrictions limiting sales.
AutoNDA by SimpleDocs
Notice of Limitation Upon Disposition. Each of the Company’s shareholder shall be sent a notice making them aware that the shares to be distributed to him hereunder will not have been registered pursuant to the Securities Act; and, therefore, under current interpretations and applicable rules, he will have to retain such shares for a period of at least one year and at the expiration of such one year period from the closing date, his sales may be confined to brokerage transactions of limited amounts requiring certain notification filings with the SEC and such disposition may be available only if the Purchaser is current in its filings with the SEC under the Securities Exchange Act, or other public disclosure requirements, and the other limitations imposed thereby on the disposition of the Xxxxxx Shares.
Notice of Limitation Upon Disposition. Each dialaclass shareholder is aware that the shares distributed to him will not have been registered pursuant to the Securities Act of 1933, as amended; and, therefore, under current interpretations and applicable rules, he will probably have to retain such shares for a period of at least one years and at the expiration of such one year period his sales may be confined to brokerage transactions of limited amounts requiring certain notification filings with the Securities and Exchange Commission and such disposition may be available only if digitalpreviews is current in its filings with the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended, or other public disclosure requirements, and the other limitations imposed thereby on the disposition of shares of digitalpreviews.
Notice of Limitation Upon Disposition. Each Shareholder is aware that the Merger Shares distributed pursuant to this Agreement will not have been registered pursuant to the Securities Act of 1933, as amended; and, therefore, under current interpretations and applicable rules, the Shareholder will probably have to retain such Merger Shares for a period of at least one year and at the expiration of such one year period sales may be confined to brokerage transactions of limited amounts requiring certain notification filings with the Securities and Exchange Commission and such disposition may be available only if the Parent is current in its filings with the Securities and Exchange Commission under the Securities Act of 1933, as amended, or other public disclosure requirements, and the other limitations imposed thereby on the disposition of the Merger Shares of the Parent. Additionally, "affiliates" owning shares will be subject to additional restrictions limiting sales. Parent represents that the Transfer Shares to be transferred to the Shareholders pursuant to the Stock Transfer Agreement shall be freely tradeable by the Shareholders.
Notice of Limitation Upon Disposition. The Company acknowledges that the shares distributed pursuant to this Agreement will not have been registered pursuant to the Securities Act of 1933, as amended; and, therefore, under current interpretations and applicable rules, the Company's shareholders will probably have to retain such shares for a period of at least one year and at the expiration of such holding period, sales may be confined to brokerage transactions of limited amounts requiring certain notification filings with the Securities and Exchange Commission and such disposition may only be available if Softwall is current in its filings with the Securities and Exchange Commission under the Securities Act and other public disclosure requirements, and the other limitations imposed thereby on the disposition of the shares of Softwall. Additionally, "affiliates" owning shares will be subject to additional restrictions limiting sales.
Notice of Limitation Upon Disposition. SHAREHOLDER is aware that the shares of PROFORMIX common stock distributed to him pursuant to this Agreement will not have been registered under the Act and, therefore, under current interpretations and applicable rules, unless an exception from the registration provisions of the Act is legally available to the holder thereof, such shares must be retained for a period of at least one year, and at the expiration of such period, sales of such shares may be confined to brokerage transactions of limited amounts requiring certain notification filings with the SEC and such disposition may be available only if PROFORMIX is current in its filings with the SEC under the Act, or other public disclosure requirements, and other limitations imposed by the Act.
Notice of Limitation Upon Disposition. Each shareholder is aware that the shares distributed will not have been registered pursuant to the Securities Act of 1933, as amended; and, therefore, under current interpretations and applicable rules, he or she will probably have to retain the shares for a period of at least one year and at the expiration of the one year period sales may be confined to brokerage transactions of limited amounts requiring certain notification filings with the SEC and the disposition may be available only if the Purchaser is current in his or her filings with the SEC and the shareholders are aware of Rule 144 issued by the SEC under the Securities Act of 1933, as amended, and the other limitations imposed on their disposition of Purchaser's shares.
AutoNDA by SimpleDocs
Notice of Limitation Upon Disposition. 3 3. JOINT AND SEVERAL REPRESENTATIONS AND WARRANTIES OF TCS AND THE SHAREHOLDER . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 3.1. Corporate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 3.2. The Shareholder . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 3.3. No Violation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 3.4. Financial Statements . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 3.5.
Notice of Limitation Upon Disposition. The Shareholder is aware that the Buyer Shares distributed to him will not have been registered pursuant to the Securities Act of 1933, as amended; and, therefore, under current interpretations and applicable rules, he will be required to retain such shares for a period of at least two (2) years following the Closing Date and, at the expiration of such two (2) year period, sales of the Buyer Shares may be confined to brokerage transactions of limited amounts requiring certain notification filings with the Securities and Exchange Commission and such disposition may be available only if Buyer is current in its filings with the Securities and Exchange Commission under the Securities Act of 1933, as amended, and the other limitations imposed thereby on the disposition of the Buyer Shares.
Notice of Limitation Upon Disposition. The Company and the Stockholder is aware that the Whitestone Shares and Golden Shares distributed pursuant to this Agreement will not have been registered pursuant to the Securities Act of 1933, as amended, and therefore, under current interpretations and applicable rules, said Shares can not be publicly sold for a period of at least one year, and at the expiration of such one year period, sales of said Shares may be confined to brokerage transactions of limited amounts requiring certain notification filings with the SEC and such disposition may be available only if Whitestone are current in its filings with the SEC under the Securities Act of 1933, as amended, or other public disclosure requirements.
Time is Money Join Law Insider Premium to draft better contracts faster.