Common use of OTCBB Clause in Contracts

OTCBB. SNELLING and its market ma▇▇▇▇ ▇▇ve complied with and are current with all applicable requirements for the SNELLING Common Stock to be ▇▇▇▇▇▇ on the OTC Bulletin Board ("OTCBB") under the symbol "STRV". Neither SNELLING nor any of its mark▇▇ ▇▇▇▇rs have received any notice, nor to their knowledge is it threatened, that at any time the SNELLING Common Stock may n▇ ▇▇▇▇▇▇ be eligible to be quoted on the OTCBB. The shares of SNELLING Common Stock issua▇▇▇ ▇▇ ▇he Stockholders and the consultants pursuant to this Agreement, when issued, will be duly authorized and validly issued, fully paid and nonassessable and free of any preemptive rights and will be eligible to be quoted on the OTCBB. There has been no stop order issued by any regulatory authority including, without limitation, the NASD, the SEC or any state regulatory authority relating to SNELLING or the SNELLING C▇▇▇▇▇ ▇▇ock and SN▇▇▇▇▇▇ has not received a▇▇ ▇▇▇▇▇e of any investigation or other proceeding that could result in any stop order.

Appears in 2 contracts

Sources: Reorganization Agreement (Snelling Travel Inc), Agreement and Plan of Reorganization (Snelling Travel Inc)