Common use of SEC Rule 701 Clause in Contracts

SEC Rule 701. The Shares are issued pursuant to SEC Rule 701 ------------ promulgated under the Securities Act and may become freely tradeable by non-affiliates (under limited conditions regarding the method of sale) ninety (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 the lengthier market standoff agreement contained in Section 7 of this Exercise Agreement or any other agreement entered into by Purchaser. Affiliates must comply with the provisions (in addition to the holding period requirements) of Rule 144.

SEC Rule 701. The If the Shares are issued pursuant to SEC Rule 701 ------------ promulgated under the Securities Act and Act, the Shares may become freely tradeable by non-affiliates (under limited conditions regarding the method of sale) ninety (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 the lengthier market standoff agreement contained in Section 7 of this Exercise Agreement hereof or any other agreement entered into by Purchaser. Affiliates must comply with the provisions (in addition to the holding period requirements) of Rule 144.

SEC Rule 701. The Shares are issued pursuant to SEC Rule 701 ------------ promulgated under the Securities Act and may become freely tradeable by non-affiliates (under limited conditions regarding the method of sale) ninety (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 the lengthier market standoff agreement contained in Section 7 of this Exercise Agreement or any other agreement entered into by Purchaser. Affiliates must comply with the provisions (in addition to other than the holding period requirements) of Rule 144.

SEC Rule 701. The To the extent the Shares are issued pursuant to SEC Rule 701 ------------ promulgated under the Securities Act and Act, they may become freely tradeable by non-affiliates (under limited conditions regarding the method of sale) ninety (90) 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 the lengthier market standoff agreement contained in Section 7 of this Exercise Agreement or any other agreement entered into by Purchaser. Affiliates must comply with the provisions (in addition to other than the holding period requirements) of Rule 144.

SEC Rule 701. The Shares are issued pursuant to SEC Rule ------------ 701 ------------ promulgated under the Securities Act and may become freely tradeable by non-affiliates (under limited conditions regarding the method of sale) ninety (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 the lengthier market standoff agreement contained in Section 7 of this Exercise Agreement or any other agreement entered into by Purchaser. Affiliates must comply with the provisions (in addition to the holding period requirements) of Rule 144.

SEC Rule 701. The Shares are issued pursuant to SEC Rule 701 ------------ promulgated under the Securities Act and may become freely tradeable by non-affiliates (under limited conditions regarding the method of sale) ninety (90) 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 the lengthier market standoff agreement contained in Section 7 of this Exercise Agreement or any other agreement entered into by Purchaser. Affiliates must comply with the provisions (in addition to other than the holding period requirements) of Rule 144.

SEC Rule 701. The If the Shares are issued pursuant to SEC Rule 701 ------------ promulgated under the Securities Act and Act, the Shares may become freely tradeable by non-affiliates (under limited conditions regarding the method of sale) ninety (90) days after the first sale of Common Stock of the Company Shares to the general public pursuant to a registration statement filed with and declared effective by the SEC, subject to the lengthier market standoff agreement contained in Section 7 13 of this Exercise Agreement or any other agreement entered into by Purchaserthe Grantee. Affiliates must comply with the provisions (in addition to the holding period requirements) of Rule 144.

SEC Rule 701. The Shares are may become freely tradable by non-affiliates if issued pursuant to SEC Rule 701 ------------ promulgated under the Securities Act and may become freely tradeable by non-affiliates (under limited conditions regarding the method of sale) ninety (90) 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 the lengthier market standoff agreement contained in Section 7 of this Exercise Agreement or any other agreement entered into by Purchaser. Affiliates must comply with the provisions (in addition to other than the holding period requirements) of Rule 144l44.

SEC Rule 701. The Shares are issued pursuant to SEC Rule 701 ------------ promulgated under the Securities Act and may become freely tradeable by non-affiliates if issued pursuant to SEC Rule 701 promulgated under the Securities Act (under limited conditions regarding the method of sale) ninety (90) 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 the lengthier market standoff agreement contained in Section 7 of this Exercise Agreement or any other agreement entered into by Purchaser. Affiliates must comply with the provisions (in addition to other than the holding period requirements) of Rule 144.

SEC Rule 701. The Shares are issued pursuant to SEC Rule 701 ------------ promulgated under the Securities Act and may become freely tradeable by non-affiliates (under limited conditions regarding the method of sale) ninety (90) 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 the lengthier market standoff agreement contained in Section 7 of this Exercise Agreement or any other agreement entered into by Purchaser. Affiliates must comply with the provisions (in addition to other than the holding period requirements) of Rule 144.

SEC Rule 701. The Shares are may become freely tradable by ------------ non-affiliates if issued pursuant to SEC Rule 701 ------------ promulgated under the Securities Act and may become freely tradeable by non-affiliates (under limited conditions regarding the method of sale) ninety (90) 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 the lengthier market standoff agreement contained in Section 7 of this Exercise Agreement or any other agreement entered into by Purchaser. Affiliates must comply with the provisions (in addition to other than the holding period requirements) of Rule 144.

SEC Rule 701. The Shares are may become freely tradeable by non- ------------ affiliates if issued pursuant to SEC Rule 701 ------------ promulgated under the Securities Act and may become freely tradeable by non-affiliates (under limited conditions regarding the method of sale) ninety (90) 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 the lengthier market standoff agreement contained in Section 7 of this Exercise Agreement or any other agreement entered into by Purchaser. Affiliates must comply with the provisions (in addition to other than the holding period requirements) of Rule 144.

SEC Rule 701. The Shares are issued pursuant to SEC Rule 701 ------------ promulgated under the Securities Act and may become freely tradeable tradable by non-affiliates (under limited conditions regarding the method of sale) ninety (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 the lengthier market standoff agreement contained in Section 7 of this Exercise Agreement or any other agreement entered into by the Purchaser. Affiliates must comply with the provisions (in addition to other than the holding period requirements) of Rule 144.

SEC Rule 701. The Shares are issued pursuant to SEC Rule 701 ------------ promulgated under the Securities Act and may become freely tradeable by non-affiliates (under limited conditions regarding the method of sale) of the Company ninety (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 the lengthier market standoff agreement contained in Section 7 of this Exercise Agreement or any other agreement entered into by Purchaser. Affiliates must comply with the provisions (in addition to other than the holding period requirements) of Rule 144.