Units Unregistered. The Executive acknowledges and represents that Executive has been advised by Investors that:
Units Unregistered. Each Management Member acknowledges and represents that such Management Member has been advised by the Company that:
Units Unregistered. The Executive acknowledges and represents that Executive has been advised by Dairy Holdings that:
Units Unregistered. Director acknowledges and represents that Director has been advised by the Company that:
Units Unregistered. Executive acknowledges and represents that Executive has been advised by the Company that: (a) the offer and sale of the Units have not been registered under the Securities Act; (b) the Units must be held indefinitely and Executive must continue to bear the economic risk of the investment in the Units unless the offer and sale of such Units are subsequently registered under the Securities Act and all applicable state securities laws or an exemption from such registration is available; (c) there is no established market for the Units and it is not anticipated that there will be any public market for the Units in the foreseeable future; (d) a restrictive legend in the form set forth below and the legends set forth in Sections 9.2(a) and (b) of the Securityholders Agreement shall be placed on the certificates, if any, representing the Units: “THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO CERTAIN REPURCHASE OPTIONS AND OTHER PROVISIONS SET FORTH IN A MANAGEMENT UNIT SUBSCRIPTION AGREEMENT BETWEEN THE ISSUER AND [NAME OF EXECUTIVE] DATED AS OF [PURCHASE DATE], AS AMENDED AND MODIFIED FROM TIME TO TIME, A COPY OF WHICH MAY BE OBTAINED BY THE HOLDER HEREOF AT THE ISSUER’S PRINCIPAL PLACE OF BUSINESS WITHOUT CHARGE”; and (e) a notation shall be made in the appropriate records of the Company indicating that the Units are subject to restrictions on transfer and, if the Company should at some time in the future engage the services of a securities transfer agent, appropriate stop-transfer instructions will be issued to such transfer agent with respect to the Units.
Units Unregistered. Each Member shall, upon admission as a Member, be deemed to hereby represent and warrant to, and agree with, the Company and the other Members that the following statements are true:
Units Unregistered. Individual acknowledges and represents that Individual has been advised by the Company that:
Units Unregistered. The Director and FFI acknowledge and represent that each has been advised by the Company that:
Units Unregistered. Advisor acknowledges and represents that Advisor has been advised by the Company that:
Units Unregistered. 12 Section 4.2.
