Common use of Restrictions on Resales Clause in Contracts

Restrictions on Resales. Each Shareholder agrees and acknowledges that, in addition to the restrictions imposed under Section 4 of this Agreement, the provisions of the Securities Act prohibit the public resale of Restricted Securities (except in a transaction registered under the Securities Act) until such time as such Shareholder has beneficially owned, within the meaning of SEC Rule 144(d), the Restricted Securities for a period of at least one (1) year after the date of the Merger. Each Shareholder acknowledges that such Shareholder is familiar with Rule 144 and agrees to comply with the provisions of such rule as applicable to the Restricted Securities.

Restrictions on Resales. Each Shareholder agrees and acknowledges that, in addition to the restrictions imposed under Section Sections 4 of this Agreement, the provisions of the Securities Act prohibit the public resale of Restricted Securities the Shares (except in a transaction registered under the Securities Act) until such time as such Shareholder has beneficially owned, within the meaning of SEC Rule 144(d), the Restricted Securities Shares for a period of at least one (1) year after the date of the Mergerthis Agreement. Each Shareholder acknowledges that such Shareholder is familiar with Rule 144 and agrees to comply with the provisions of such rule as applicable to the Restricted SecuritiesShares.

Restrictions on Resales. Each Shareholder agrees and acknowledges that, in addition to the restrictions imposed under Section 4 Sections 3 and 6(d) of this Agreement, the provisions of the Securities Act prohibit the public resale of Restricted Securities (except in a transaction registered under the Securities Act) until such time as such Shareholder has beneficially owned, within the meaning of SEC Rule 144(d), the Restricted Securities for a period of at least one (1) year after the date of the Merger. Each Shareholder acknowledges that such Shareholder is familiar with Rule 144 and agrees to comply with the provisions of such rule as applicable to the Restricted Securities.