Common use of Shares Acquired Clause in Contracts

Shares Acquired. (a) Guarantor Orient Financial Services Limited represents and warrants that it lawfully acquired 956,666 Restricted Shares on October 14, 2003 and that the Shares were fully paid for on that date and have been owned continuously since then.

Appears in 2 contracts

Sources: Stock Purchase and Escrow Agreement (Acl Semiconductor Inc), Stock Purchase and Escrow Agreement (Acl Semiconductor Inc)