Rom Tech Stock definition
Examples of Rom Tech Stock in a sentence
For a period of three (3) years after the Effective Date, so long as Buyer's common stock is publicly-traded, Buyer shall take all actions reasonably required to be taken by Buyer in order to permit sales of Rom Tech Stock pursuant to Rule 144 promulgated under the Securities Act of 1933 or any successor rule or provision ("Rule 144"), including making available such adequate public information with respect to Buyer as is set forth in paragraph (c) of Rule 144.
The purchase price payable by Buyer to Seller for the Specified Assets ("Purchase Price") shall consist of certain cash payments and the issuance and delivery of certain unregistered shares of Buyer's common stock, without par value ("Rom Tech Stock"), in the amounts and payable at the time set forth herein.
Seller believes it has received all the information it considers necessary or appropriate for deciding whether to acquire the Rom Tech Stock.
Buyer agrees that it will remove the restrictive legend and stop transfer order imposed on the Rom Tech Stock delivered pursuant to Section 3.1 and will allow the transfer of such shares upon the receipt of a favorable legal opinion from Buyer's counsel, in form and substance reasonably satisfactory to Buyer.
The Rom Tech Stock to be delivered to Seller at Closing and during the Measurement Period has been duly authorized and when issued in accordance with the terms of this Agreement will be validly issued, fully paid and non-assessable.
Stock Certificates representing 200,000 shares of Rom Tech Stock.
Seller represents that it has had an opportunity to ask questions and receive answers from Buyer regarding the Rom Tech Stock, the Business, properties, prospects and financial condition of the Company.
Seller represents that it does not have any contract, undertaking, agreement or arrangement with any person to sell, transfer or grant participations to such person or to any third person, with respect to any of the Rom Tech Stock.
In addition, Buyer shall grant Seller piggyback rights to include the shares of Rom Tech Stock earned by Seller pursuant to Section 3.1(b)(i) in any underwritten public offering of Rom Tech Stock for cash by Buyer subject to the right of the managing underwriter to reduce or eliminate any of such shares proposed to be registered, if in the opinion of the managing underwriter, inclusion of such shares would adversely affect the marketing of the underwritten shares.