U.S. Securities Laws. Notwithstanding any provision herein to the contrary, EMV and Xos agree that this Plan of Arrangement will be carried out with the intention, and they will use their commercially reasonable efforts to ensure, that all Xos Shares to be issued in connection with the Arrangement shall be issued and exchanged in reliance on the exemption from the registration requirements of the U.S. Securities Act provided by Section 3(a)(10) thereof.
Appears in 5 contracts
Samples: Amendment Agreement (Xos, Inc.), Amendment Agreement (Electrameccanica Vehicles Corp.), Amendment Agreement (Electrameccanica Vehicles Corp.)
