Common use of Restrictions on Resales Clause in Contracts

Restrictions on Resales. Shareholder understands that, in addition to the restrictions imposed under Section 2 of this Affiliate Agreement, the provisions of Rule 145 currently limit Shareholder's public resales of Merger Securities, in the manner set forth in subsections (i), (ii) and (iii) below, until such time as Shareholder has beneficially owned, within the meaning of Rule 144(d) under the 1933 Act, the Merger Securities for a period of at least one (1) year (or in some cases two (2) years) after the Effective Time of the Merger, and thereafter if and for so long as Shareholder is an affiliate of Newco:

Appears in 2 contracts

Samples: Indus Affiliate Agreement (Indus International), 4 Felton Affiliate Agreement (Indus International)

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Restrictions on Resales. Shareholder Stockholder understands that, in addition to the restrictions imposed under Section 2 of this Affiliate Agreement, the provisions of Rule 145 currently limit ShareholderStockholder's public resales of Merger Securities, in the manner set forth in subsections (i), (ii) and (iii) below, until such time as Shareholder Stockholder has beneficially owned, within the meaning of Rule 144(d) under the 1933 Act, the Merger Securities for a period of at least one (1) year (or in some cases two (2) years) after the Effective Time of the Merger, and thereafter if and for so long as Shareholder Stockholder is an affiliate of Newco:

Appears in 2 contracts

Samples: TSW Affiliate Agreement (Indus International), Warburg Affiliate Agreement (Indus International)

Restrictions on Resales. Shareholder Stockholder understands that, in addition to the restrictions imposed under Section 2 3 of this Affiliate Agreement, the provisions of Rule 145 currently limit ShareholderStockholder's public resales of Merger Securities, in the manner set forth in subsections (i), (ii) and (iii) below, until such time as Shareholder Stockholder has beneficially owned, within the meaning of Rule 144(d) under the 1933 Act, the Merger Securities for a period of at least one two (12) year years (or in some cases two three (23) years) after the Effective Time of the Merger, and thereafter if and for so long as Shareholder Stockholder is an affiliate of Newco:

Appears in 1 contract

Samples: Affiliate Agreement (Veritas Software Corp)

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Restrictions on Resales. Shareholder understands that, in addition to the restrictions imposed under Section 2 3 of this Affiliate Agreement, the provisions of Rule 145 currently limit Shareholder's public resales of Merger Securities, in the manner set forth in subsections (i), (ii) and (iii) below, until such time as Shareholder has beneficially owned, within the meaning of Rule 144(d) under the 1933 Act, the Merger Securities for a period of at least one two (12) year years (or in some cases two three (23) years) after the Effective Time of the Merger, and thereafter if and for so long as Shareholder is an affiliate of Newco:

Appears in 1 contract

Samples: Veritas Affiliate Agreement (Veritas Software Corp)

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