Common use of SEC Disclosure Clause in Contracts

SEC Disclosure. The Subscriber understands that any investor individually, or acting as part of a group who acquires beneficial ownership of more than 5.0% of the Company’s common stock will be required to file a Schedule 13G or a Schedule 13D with the Securities and Exchange Commission.

Appears in 2 contracts

Sources: Subscription and Purchase Agreement (Macatawa Bank Corp), Subscription and Purchase Agreement (Macatawa Bank Corp)