Common use of Rule 701 Clause in Contracts

Rule 701. If the Shares are issued pursuant to the exemption --------- provided by Rule 701 promulgated under the 1933 Act, then the Shares will become freely tradable by persons who are non-affiliates of the Company under SEC Rule 701 promulgated under the 1933 Act, subject to limited conditions regarding the method of sale, 90 days after the first sale of common stock of the Company to the general public pursuant to a registration statement filed with and declared effective by the SEC, subject to any transfer restrictions imposed by applicable state securities laws, the lengthier market standoff agreement contained in this Agreement or any other agreement entered into by Purchaser. Under Rule 701, affiliates must comply with the provisions (other than the holding period requirements) of Rule 144.

Appears in 4 contracts

Samples: Restricted Stock Purchase Agreement (At Home Corp), Restricted Stock Purchase Agreement (At Home Corp), Restricted Stock Purchase Agreement (At Home Corp)

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